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Sun Communities Inc  (SUI)
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What are Sun Communities Inc's Business Segments?



Sun Communities Inc is a real estate investment trust (REIT) that primarily focuses on owning and operating manufactured housing communities, recreational vehicle (RV) resorts, and marinas throughout the United States.

Segments:

Sun Communities Inc operates through the following two segments:

1) Community Operations Segment: This segment includes the ownership and operation of manufactured housing communities (MHCs) and RV Resorts.

2) Property Development and Expansion Segment: This segment includes the development, acquisition, and disposition of MHC and RV properties.

Products and Services:

1) Manufactured Housing Communities: Sun Communities Inc owns and operates over 400 manufactured housing communities, offering affordable housing options to residents. These communities offer various amenities such as fitness centers, playgrounds, and swimming pools, as well as organized activities and events.

2) Recreational Vehicle (RV) Resorts: Sun Communities Inc owns and operates over 100 RV resorts, offering spacious and well-equipped campsites for RV owners, and vacationers. These resorts offer various amenities such as swimming pools, clubhouses, lakes, and marinas, as well as organized activities and events.

3) Marinas: Sun Communities Inc owns and operates marinas in Florida and Michigan, providing boat slips, boat storage, and related services to boat owners. These marinas offer various amenities such as fueling stations, boat ramps, and restaurants.

4) Property Development: Sun Communities Inc has a team of experienced developers and consultants who oversee the development and expansion of new and existing properties. The company focuses on creating value by developing new communities and expanding existing communities, with a focus on maximizing performance.

Overall, Sun Communities Inc offers a wide range of affordable housing and vacationing options to families, retirees, and other individuals. The company is committed to providing excellent customer service, and continuously improving its communities and resorts.
   

Sun Communities Inc Tax Rate Companies within the Real Estate Investment Trusts Industry


Business Segments Q1
Revenues
(in millions $)
Q1
Income
(in millions $)
(Mar 31 2024)
%
(Profit Margin)
Total 671.30 -25.50 -

Growth rates by Segment Q1
Y/Y Revenue
%
(Mar 31 2024)
Q/Q Revenue
%
Q1
Y/Y Income
%
(Mar 31 2024)
Q/Q Income
%
Total 3.09 % -7.62 % - -

To get more information on Sun Communities Inc's Total segment. Select each division with the arrow.


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