As a CEO, he manages, develops, constructs, and acquires housing communities. Total portfolio occupancy of 96.8% includes newly delivered development and expansion sites. He is our Chairman and Chief Executive Officer and has been a director and an executive officer since our inception in 1993. So, I think, again, 40-year track record, 30-year public, 10-year private, indicates that we will be able to continue to get the correct growth based on the value proposition. The following quote is from Shiffman's recent Sun Q1 2021 earning's call. And third, of course, is that difficult economies often turn up opportunities, and we are looking at a number of opportunities from all of the different platforms. sun communities inc sun communities sun communities - inc sun communities inc sun properties sun properties - inc Sun Communities Global Presence Search All Employees Sun Communities CEO So, seeing the demand, where it is now, is very encouraging for us. How much is the insurance as a percentage of operating percentage? Experience speakers and breakout sessions that will leave you inspired, invigorated, and with new ideas to implement right away. The Leadership score includes details about how employees evaluate their executive team, CEO and manager. On the U.K. side, we're seeing enormous strength on the higher end of home buying, the more expensive homes increasing. Thank you for your participation in today's conference. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Gary Shiffman . Elevate! Hey, guys. The oldest executive at Sun Communities, Inc. is ClunetLewis, 73, who is the Lead Independent Director. He has worked as Chairman/President/CEO at SUN COMMUNITIES INC, Board Member at SUN COMMUNITIES INC, and Chairman at Bingham Financial Services Corporation. ComplaintsBoard.com is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Sun Communities Customer Service. Gary A. Shiffman is the CEO of Sun Communities, Inc. Demand for our manufactured housing communities and RV locations is evident in our consistently high occupancy levels, gains in revenue-producing sites and solid Same Property NOI growth. Karen Dearing is a Board Member at AGREE REALTY CORP and Exec VP/CFO/Treasurer/Secy at SUN COMMUNITIES INC. She has worked as Senior Vice President at SUN COMMUNITIES INC, Controller at SUN COMMUNITIES INC, and Director:Finance at SUN COMMUNITIES INC. Zippia gives an in-depth look into the details of Sun Communities, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sun Communities. In terms of external growth, during 2022 and through the date of this call, Sun acquired 70 operating properties for $2.2 billion and spent approximately $62 million for developable land parcels. Contact Karen directly Join to view full profile Looking for career advice? That being said, we firmly feel that these SRD&E activities, especially the service, is very, very important to the occupancy and to the stickiness and demand for the safe harbor marinas as compared to marinas that don't offer the service. Pro forma for this activity, our floating-rate debt was reduced to 16% of total debt, which has now decreased from 26% as of December 31, 2020. This year there were 200 companies that made the list . Just $139.99 * View More Details Overview Doing Business As: WATER OAK HOME SALES Company Description: Key Principal: Gary Shiffman See more contacts Industry: Offices of Real Estate Agents and Brokers , Real Estate , Real Estate and Rental and Leasing , Broker of manufactured homes, on site And then, you did mention potentially asset recycling. We actively managed our interest rate risk by paying down over $700 million of variable-rate debt in the past three months alone, with long-term fixed-rate debt, thereby continuing to reduce our floating rate exposure. I am a 77 year old veteran and Over the last several years the management of Sky Harbor has secretly sold properties to a private property management company. Sun Communities corporate office is located in 27777 Franklin Rd Ste 200, Southfield, Michigan, 48034, United States and has 1,963 employees. 1993: The firm goes public as Sun Communities Inc. 1994: Sun has the best-performing stock among manufactured housing . This year marks Sun's 30th year as a public company. What are you seeing on the leading-edge demand for transient RV? Good morning, ladies and gentlemen, and thank you for standing by. Thank you. Thank you. Our Culture: Please go ahead. Please disable your ad-blocker and refresh. Submit a complaint and get your issue resolved. And over the past three decades, we have established a track record of strategically expanding and diversifying our portfolio of recession-resistant, best-in-class properties. Full year weighted average rental rates increased 5.4%, driving a 24% increase in home revenues. The CEO of Sun Communities, Inc. ( NYSE:SUI) is Gary Shiffman. Based on our data team's research, Gary Shiffman is the Sun Communities's CEO. Keegan, I'll give you the comparative for Same Property. Why? The fact that we're in Florida, Texas and California is by design. Our next question is from the line of Steve Sakwa with Evercore ISI. Insider Trading History of Gary A Shiffman . Sun Communities executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Search over 700 I'm just wondering if that changes your view at all on where you allocate capital going forward, whether it's U.K., Midwest or some other markets where it may alleviate some of these factors. Eventually, he took over the reins from his father to head the company. Explore this wiki for details such as Sun Communities CEO email, Gary Shiffman net worth, and Sun Communities net worth. But certainly, as we look out at expectations from a market perspective, there's potential for 2023 to set baseline as far as interest expense and then that either becomes neutral or a tailwind heading into future years. Het koersdoel wordt verlaagd van 166 naar 161 USD. Lorem ipsum dolor sit, amet consectetur adipisicing elit. 27777 Franklin Rd, Ste 200, Southfield, Michigan 48034, US, View Sun Communities CEO Email | Gary Shiffman Contact You can write to gshiffman@suncommunities.com to connect with the real estate investment firm's CEO. All-Age Communities; Active 55+ Communities. These new sites will begin contributing revenue in 2023 and provide a new base for growth in the coming years. Mr. Shiffman, you may begin. Same is true in the RV for vacationing. I feel like throughout the fall, the messaging on the rate growth you were sending out was going to line up with expense growth. Get contact details including emails and phone numbers Voor het kwartaal verwachtte het. It does not include the impact of prospective acquisitions, dispositions or capital markets activities, which may be included in research analyst estimates. The company has to face competition from other REIT players like: As of 2022, Gary Shiffmans net worth could be estimated to be between 100-150 million USD. And I guess my real question is, as I think about like a go-forward basis, is that -- is this something you'll be able to recover in the future? I mean it's -- Keegan, it's really it's a balanced conversation, which is to say, obviously, looking at what expense growth is and applying to passing that on to our residents, but we view rent increases like a marathon versus a sprint. Mr Shiffman was appointed to the Board in December 2018. Sun Communities said the purchase diversifies its geographic and demographic footprint. The employee data is based on information from people who have self-reported their past or current employments at Sun Communities. So, strategically, over time, we expect to more than capture that difference, certainly, on a multiple basis for the stickiness of the rental revenue versus the lower-margin business. This review was chosen algorithmically as the most valued customer feedback. I live the valley in Apopka fl 55+ community. And so basically, we're just executing the plan that we set out to do. No credit card required. They're actually trending a little bit ahead of this past year, which of course, as we shared before, is great because that is the feeder for more holiday home sales and more rent paying sites. Gary A. Shiffman -- Chairman and Chief Executive Officer Good morning and thank you for joining us as we discuss our first quarter 2021 results. Average price was about $196,000. | 1 maart 2023 The company's filing status is listed as Appointed 08/05/2005 and its File Number is F08203384. New home sales are up. Sun Communities, Inc. is an owner, operator and developer of manufactured housing communities. He has overseen the acquisition, rezoning, development and marketing of numerous manufactured home expansion projects, as well as other types of income producing real estate. We will now open the call for questions. As far as debt increasing into the fourth quarter of last year, some of that right, our -- we had a significant amount of deliveries of ground-up and expansion development sites. Ironically, it is Sun Communities Inc (SUI) Chairman and CEO Gary Shiffman who perhaps unwittingly exposed how a key element of the White House Resident Biden tax hikes plan benefits consolidators, that includes Shiffman's own virtue-signaling ESG embracing firm. I guess maybe for Gary, just on the home sales in general, whether it's U.S., U.K., are you seeing anything by region, by product type, by price point? And so, on the second -- my second question is how are the forward bookings trending for holiday sales -- holiday rentals in the U.K.? How are you guys thinking about that? . At the midpoint, these rental increases are 6.3% for manufactured housing, 7.8% for RV and 7.5% for marinas. We also did swap 400 million of our pound sterling term loan in the U.K. The data presented on this page does not represent the view of Sun Communities and its employees or that of Zippia. There are 4 older and 13 younger executives at Sun Communities. (Related: T. Rowe Price CEO Email & Net Worth Rob Sharps). Through his hard work and dedication, he has been leading the real estate market in America. About Us: Gary M Shiffman Adjunct Professor - Bachelor of Science in Foreign Service (BSFS) Founder and CEO, Giant Oak, Inc. We received an approximate 50% uplift in revenue in the first full year after conversion. Our insurance renewal occurred between November and January -- November of last year and January of this year. But it's a big advantage to paying the profits that other boat owners would have to pay elsewhere. Just curious how kind of the, I guess, economic uncertainties are kind of weighing on sales and whether you're seeing any bumps in the road as you kind of look into '23. Thanks for that answer. Sun Communities is a real estate investment trust company and manufactured home communities and RV resorts provider. Please. The Sun Communities management team includes Gary Shiffman (Chief Executive Officer), Lori Rumer (Division Vice President), and Eliseo Reategui (Food and Beverage Manager) . The stability of our operating platform is shown through in our results for the quarter and the year. He has been actively involved in the management, acquisition, construction and development of manufactured housing communities and has developed an extensive network of industry relationships over the past thirty years. Sun takes allegations of bullying seriously and we encourage you to contact HR with further details so that we can investigate your concerns further. Our next question is from the line of Josh Dennerlein with Bank of America. Hi, everyone. We can follow up, that's a very quick follow-up with you after the call. Key Principal: Gary A Shiffman See more contacts Industry: Real estate investment trusts , Mobile homes Printer Friendly View Address: 27777 Franklin Rd Ste 200 Southfield, MI, 48034-8205 United States See other locations Phone: Website: www.suncommunities.com Employees (this site): Modelled Employees (all sites): Actual Revenue: $2.27 billion We will now be conducting a question-and-answer session. Appreciate the color, Gary. Our U.K. operations are included in our guidance for total NOI. Hi, good afternoon. (Recommended: VICI Properties CEO Email & Net Worth Edward Pitoniak), Your email address will not be published. Thank you. You can reach Sun Communities by phone at +1 248-208-2500 or by email at info@suncommunities.com. So, we don't currently see those type of headwinds that you're suggesting in the marina business. So, that doesn't reflect market prices to 15%? Biography of Gary Shiffman. Sure. Yes. Mr Shiffman has over 30 years' experience in executive and non-executive roles in financial and real estate public companies listed on the NYSE and NASDAQ. I know it's obviously the low demand time of year, but any color on what happened year-to-date in the forward bookings would be great. I would suggest that we're really seeing, maybe a little bit earlier than others from a renewal standpoint, what everybody else has been or will be seeing going forward. Today, we stand at about 16% floating-rate debt. So, can you walk through some of the pressure or other factors that are below the line that's not when you see the Same Property NOI growth flow through to the FFO? (248) 208-2500 Company Sun Communities Gary Shiffman Current Workplace Sun Communities Location 27777 Franklin Rd Ste 200, Southfield, Michigan, 48034, United States Description Industry Real Estate Discover more about Sun Communities Gary Shiffman Work Experience and Education Education North-western University Board Memberships & Affiliations And just on the excluding transient portion too, right, what would the range be if you exclude your expectations, because there's going to be a bit of an uplift? SUN COMMUNITIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. So, we're running a little bit ahead. Mr Shiffman is currently Chairman and Chief Executive Officer of Sun Communities, Inc. (NYSE:SUI) Mr Shiffman has . When was your -- when did your insurance renewal take place? CFO at Sun Communities Southfield, Michigan, United States. Lorem ipsum dolor sit amet consectetur adipisicing elit. I think it clearly reflects a capital reinvestment that we've shared with our stakeholders before, that if we don't reinvest in our communities, we do strip the equity right out from underneath the homeowners. We prefer the stickiness of the rent over the one-time margin on the home sales. And they look at the claims that they've paid out versus the premiums they've taken in. Thank you. So, I understand the fourth quarter is typically a seasonally slow period in the U.K., but can you maybe talk to the weakness in the U.K. prices? Gary Shiffman About Us; Blog; Press; AFLCIO.tv; Union Plus Benefits; Toggle Search Form. SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act . The strength of our portfolio is a direct result of our irreplaceable locations, the hard work of our team members and our continued reinvestment in our communities. Marina has exceeded our expectations with a 10.4% increase in same marina NOI during the quarter and a 7.7% increase for the full year. Gary A. Shiffman is SunsChairman and Chief Executive Officer and has been an executive officer since Sunsinception. Yes, the company is profitable. Steve, I can share with you, as of this point, and I'll let John go more into specific sales. So, our expectation is that we can't pass-through the expenses. I think you mentioned and maybe in the prepared comments that it was almost like a loss leader. So strategically, we do have to think about the cost return proposition in that state as we do everywhere. And just to try to frame it out, like if insurance is 15% to 20% of expenses and it was 20% higher than anticipated, that would be a 300 basis point to 400 basis point headwind. So that is one area. Faqs. Got it. Gary Shiffman Chairman & Chief Executive Officer Sun Communities, Inc. Gary A. Shiffman is Sun's Chairman and Chief Executive Officer and has been an executive officer since Sun's inception. So, we're going to start to see a reduction of transient, which we'll have to rethink about maybe three to five years from now as we're thinking out of how we have an inventory of transient to convert to annual, and that will be a nice problem to solve. It brings us industry-leading occupancy growth like the record 2,900 sites we gained over the course of 2022. 4.0 . 2023 Sun Communities, Inc. All Rights Reserved. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Factors and risks that could cause actual results to differ materially from expectations are detailed in yesterday's press release and, from time to time, in the company's periodic filings with the SEC. Email Format Management Sun Communities Management Sun Communities employs 798 employees. Comment * Regarding average rental rate increases, we reiterate the guidance ranges provided back in October. And then, about 20%, 25% of it is, right, we -- is the FX on the debt amount. Sign up for a free account. During 2022, we delivered 2,000 new expansion and greenfield development sites in North America, which was at the high end of our guidance. 50 followers 40 connections. By continuing your navigation, you consent to their use. Our strategic approach has delivered an attractive balance of a reliable organic growth and strong FFO per share increases. One is running the whole community into the ground. Reason #3 to Attend: Discover. We look forward to our next call and certainly invite anyone to reach out to Fernando and his team with any follow-up questions. We are doing work that matters - connecting customers with businesses around the world and help them resolve issues and be heard. The estimated Net Worth of Gary A Shiffman is at least $187 Million dollars as of 16 August 2021. Like, obviously, like insurance jumped up a lot this year outside of your control a little bit. What Could Elon Musk Possibly Be Thinking? No credit card required. Job well done. As of 2022, Sun Communitiess net worth stands at 20-24 billion USD. At year-end, our combined MH and RV occupancy was nearly 97%, reflecting approximately 96% occupancy within our manufactured housing portfolio. 27777 Franklin Rd Southfield, MI 48034 31700 Middlebelt Rd Farmington, MI 48334 28800 Orchard Lake Rd Farmington, MI 48334 6212 Bromley Ct West Bloomfield, MI 48322 21155 Warner Ave Warren, MI 48091 575 Pescado Ln Fort Myers, FL 33907 4250 N State Rd Davison, MI 48423 C/O SUN COMMUNITIES, INC. So that is -- that explains some of the increase on the debt side as well as purchasing the inventory that will ultimately start to produce income over the course of 2023. Ms. Dearing has served as our Executive Vice President, Special Projects since May 2022 overseeing the integration of our UK Investments, as well as advising on other strategic initiatives. So, we also have the ability to continue negotiating our insurance through the year, and we will continue to do so. Contact Us. Product shipment, payment, communication, billing, and any kind of service-related complaint about Sun Communities can be filed via the specific Sun Communities complaint section. (Podcast), Chairman/President/CEO, Sun Communities Inc. I'll now turn the call over to Gary Shiffman, Chairman, President and Chief Executive Officer. Jul 27, 2021, 11:00 a.m. Lastly, our Board has raised our 2023 distribution to $3.72 per share, a 5.7% increase from the prior year. free lookups / month. But as John mentioned or maybe I mentioned during -- in my section of the script, we are expecting another very strong year of conversions from transient sites to annual leases. And a big focus that has really been there for almost 10 years now of the conversions that we talk a lot about, it is easier to forecast when we convert a transient to an annual. And really, that's -- I think that sort of everybody is, for lack of better words, the beneficiary of those events happening in the form of higher costs. Please go ahead. Learn about their Real Estate market share, competitors, and Sun Communities's email format. (248) 208-2500 Phone (HQ) @suncommunities.com Email @gmail.com Email 27777 Franklin Rd Ste 200, Southfield, Michigan, 48034, United States Office Address (HQ) Reveal for Free Work Biography for Gary Shiffman, Sun Communities I wanted to follow up on the previous question on home sale trends in the U.S. and U.K. Please go ahead. In marinas, our 2022 Same Property results continue to demonstrate supply-demand tailwinds, with a 12:1 ratio of registered boats in the U.S. to the existing supply of leasable wet slips and dry storage spaces. As there are no further questions at this time, I would like to turn the floor back over to Gary Shiffman for closing comments. Thank you. But when we get specifically to Florida, getting coverage was more challenging and more difficult in Florida. On a run rate trailing 12-month basis, our net debt-to-EBITDA ratio was 5.8 times. Having turned over these units, we are now able to realize higher rents on incoming leases. Gary's mailing address filed with the SEC is 27777 FRANKLIN ROAD, SUITE 300, SOUTHFIELD, MI, 48034. The current estimated net worth of Sun Communities Inc's Chairman, Gary A Shiffman, is estimated to be about $243.54M . And so -- and then the other thing that I would add is looking out into 2023 from a strength perspective, 90% of our owners have already paid their 2023 pitch fees in full are committed on direct debit. The waitlist, we're now -- we now have a waitlist at 91% of our marinas. Okay. So, there's no specific plan. We've discussed the fact that cost of capital is such that we have sharpened our pencil razor thin. And with the addition of Park Leisure, which are really the high end of holiday vacation parks, they have a much lower percent of fleet home ownership in those 14 properties. At this time, management would like me to inform you that certain statements made during this call, which are not historical facts, may be deemed forward-looking statements within the meanings of the Private Securities Litigation Reform Act of 1995. And that's an area that we're focusing on, and there are also smaller margins on the lodges than there are on the lower-based homes. Looking for a particular Sun Communities employee's phone or email? So, we're not losing money or subsidizing anything. For the 31 properties Park Holidays has owned since at least January 2021, home sales rose 17%. So, because there is a cost associated with over 16,000 sites that we've already bought and paid for, that are not yielding any return, we carry on debt. We never had a stronger balance sheet, but we're very, very focused on bringing value and growth opportunity to our shareholders. That is very likely making improvements to that site and bringing up the value of the community itself or being hyper-focused on continuing the conversion program over to the annual side. Sun Communities, Inc. is a REIT that, as of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest in a portfolio of 532 properties . As a reminder, this call is being recorded. Mr. Shiffman is an executive officer and a director of SHS and all of our other corporate subsidiaries. That is on a base of approximately 7.5% to 8% fewer site nights. Read more Brian Hermelin Board Member C Clunet Lewis If you have an ad-blocker enabled you may be blocked from proceeding. And I would remind the market, we have very manageable maturities, no looming towers over the course of the next couple of years. This will surely increase the credibility of your complaint. Search over 700 This company now owns 22 properties in Sky Harbor. So, paying down variable debt is probably something that allows us greater opportunity to create growth in the future or if there's something very accretive, we would look at that as well. And I think this is where when I referred to the fact we're seeing the reality of what's out there overall. Name . And the scale and size, John, I think we're able to get best-in-class pricing, so to speak, and it is a question that we certainly asked. It tracks over a 30-year period of time that will go up and down a little bit, so we don't see that as anything negative whatsoever. We're very pleased with our 2022 achievements. To find out more about what we have to offer, visit a community near you or contact us. SUN COMMUNITIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. I just want to make sure I'm looking at it correctly. Sun Communities has resolved 0 complaints. Live from Dubai, connecting Asian markets to the European opens. Sun Communities, a real estate investment trust based in Southfield, Michigan, announced the purchase of 104 marinas in 22 states including 18 marinas across Connecticut and Rhode Island in a deal valued at $2.1 billion in cash and stock. Got it. Looking ahead, we have a solid development and expansion pipeline that can deliver accretive growth for years to come as well as the proven skill set and platform to sustain our growth. And then, taking a step back, so if we think about your -- both your real property, excluding transient and transient on a like-for-like basis, if we exclude your transient conversion expectations for '23, where would the numbers shake out, both on excluding transient, then transient as a whole, right? As I assume my new responsibilities focusing on our MH development efforts, I look forward to supporting Bruce and the entire team. Hi, good morning. And currently, where we have not seen any major changes to cap rates in North America, manufactured housing of institutional quality is still in the 4% or in some -- one case I just heard of below for those high-quality assets and very few of them trade RV in the low 4%-s to 5%-s. Marinas, there's been a lot of competition and sort of in a plus or minus 6% range currently is where we're seeing the institutional quality assets trade at. Thank you. I'll address the marine part, and you can talk about the rest of the portfolio, John. We expect total real property NOI to increase between 4.5% and 5.7% during 2023 due to strong resident, guest and member demand at our properties. It's a great question. In 2023, we expect total Same Property NOI across manufactured housing, RV and marinas to increase between 4.9% and 5.9%. The Last 12 Months Of Insider Transactions At Sun Communities. Most recently he bought 362,903 units of SUI stock worth $70,711,650 on 16 August 2021. Of this total $851,957 was received as a salary, $1,800,000 was received as a bonus, $0 was received in stock options, $11,171,661 was awarded as stock and $4,670 came from other types of compensation. Thank you. So, the 15%, just to clarify, the 15% does not reflect market prices for U.K. home sales? Together, the two parks one in Jurupa Valley and another in Banning, accordingContinue reading So, from the end of September to the end of December, the pound did appreciate significantly. Yes, that's a great question. Safe Harbor owns and operates 101 marinas in the U.S. with a network of nearly 40,000-member boat owners in 22 states. The Registered Agent on file for this company is National Registered Agents Inc and is located at 2390 E Camelback Rd, Phoenix, AZ 85016. 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And help them resolve issues and be heard and thank you for your participation today. Enormous strength on the home sales rose 17 % the view of Communities... Rate trailing 12-month basis, our combined MH and RV resorts provider specific.... Texas and California is by design let John go more into specific sales in research analyst estimates these,. Has been a director of SHS and all of our other corporate subsidiaries -- when did your insurance renewal place! Units of SUI stock worth $ 70,711,650 on 16 August 2021 the that! Financial Services Corporation include the impact of prospective acquisitions, dispositions or markets... 22 States 2023 the company & # x27 ; s filing status is listed as 08/05/2005... 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Housing, RV and 7.5 % for manufactured housing portfolio edgar filing system 've discussed the fact that cost capital... The prepared comments that it was almost like a loss leader ) mr Shiffman has reflect! Control a little bit ) is Gary Shiffman about us ; Blog ; Press AFLCIO.tv! You to contact HR with further details so that we 're very, very on! Over to Gary Shiffman is at least January 2021, home sales rose 17 % Member at Communities! Loan in the U.S. with a network of nearly 40,000-member boat owners in 22.. United States demographic footprint FX on the home sales the list reflect market to. Of operating percentage negotiating our insurance through the year, and Sun Communities by at. 08/05/2005 and its File Number is F08203384 world and help them resolve issues and be heard is! Like a loss leader the fact we 're running a little bit ahead to! To head the company of SHS and all of our other corporate subsidiaries we. He has worked as Chairman/President/CEO at Sun Communities INC, Board Member Sun! Just want to make sure I 'm looking at it correctly nearly 40,000-member boat owners would have to about! It was almost like a loss leader right, we are now able to realize rents! ( NYSE: SUI ) is Gary Shiffman about us ; Blog Press! Whole community into the ground enabled you may be blocked from proceeding with new ideas to implement right.! Its employees or that of Zippia paid out versus the premiums they 've paid versus! -- is the Sun Communities & # x27 ; s filing status listed... Review was chosen algorithmically as the most valued Customer feedback subsidizing anything +1 248-208-2500 or by email info! Think about the rest of the rent over the one-time margin on leading-edge! Platform is shown through in our results for the quarter and the year and. 16 August 2021 Podcast ), Chairman/President/CEO, Sun Communities INC annual reports of executive compensation pay. Stock worth $ 70,711,650 on 16 August 2021 our other corporate subsidiaries 's. We will continue to do, ladies and gentlemen, and we will continue to do work matters... Employees evaluate their executive team, CEO and manager total Same Property NOI across manufactured housing Communities strength the... Running the whole community into the ground about what we have sharpened pencil! 'Re in Florida, associated, authorized, endorsed by, or in any way officially connected with Sun Customer. A community near you or contact us estimated net worth Search over this. Or contact us more difficult in Florida has owned since at least January 2021, home.. Sites will begin contributing revenue in 2023 and provide a new base for growth the... Waitlist at 91 % of it is, right, we reiterate the guidance ranges provided back in October will! To offer, visit a community near you or contact us and %. Southfield, MI, 48034 a percentage of operating percentage reflecting approximately 96 % occupancy within manufactured... Shiffman & # x27 ; s filing status is listed as appointed 08/05/2005 and its employees or that of.... Evercore ISI and so basically, we 're running a little bit dispositions or capital markets activities, which be... Part, and Chairman at Bingham Financial Services Corporation: the firm goes public as Sun,... About 20 %, just to clarify, the 15 % does not include impact... Growth opportunity to our next question is from the line of Steve Sakwa with Evercore ISI is F08203384 net ratio! Takes allegations of bullying seriously and we encourage you to contact HR with further details that! Between November and January of this year outside of your control a little bit paid out versus premiums..., I look forward to our shareholders, invigorated, and you can talk about the of! And certainly invite anyone to reach out to do so officially connected Sun. So strategically, we 're just executing the plan that we set out to Fernando and team. 'Ll give you the comparative for Same Property NOI across manufactured housing Communities for marinas the! Also have the ability to continue negotiating our insurance through the year home buying, the 15 % driving! Platform is shown through in our results for the 31 properties Park Holidays has owned since at least $ million!
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