gary shiffman sun communities email address

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. Gary Shiffman - Chairman and Chief Executive Officer John McLaren - President and Chief Operating Officer Karen Dearing - Executive Vice President, Chief Financial Officer, Treasurer and. He is a member of our Executive Committee. There is nothing identified yet or nothing that is meaningful. This is less of a Sun issue, an asset class issue or anything like that. And then second part, I did see a termination income. Today marks a very special day, and really want to take this opportunity to thank John for his unbelievable stewardship, both as President and Chief Operating Officer since 2008, if I got that correct. So, I'm guessing, can you just walk us through why you allowed floating-rate debt to increase during the fourth quarter and refinance it post quarter? Occupancy in our Same Property MH and RV portfolio remained strong, increasing 180 basis points during 2022 to end the year at 98.6%. The chart below shows insider transactions (by companies and individuals) over the last year. And by paying down that debt, if that's what we elect to do, we obviously recapture of that lost interest rate. I just want to make sure I'm looking at it correctly. So, should this only grow with acquisitions? Up to 5 Sun Communities Executive Team & Key Decision Makers. As we know, that can go up and down. (business & personal). Here are last year's highest-paid CEOs of publicly-traded REITs, with all data provided by S&P Global Market Intelligence. The fourth quarter continued to show strength. Similar Profiles. Hi, Michael. Sun Communities, inc ( SUI -0.28%) Q2 2021 Earnings Call. Turning to guidance for 2023. My wife and myself are getting thrown out of this park due to an unfair prejidced manager who lets a karaoke mob run this place and she has lied to corperate people to accomplish this I have several witnesses to this and they a justin lawson and rebecca morrison did not care to talk to anyone just told us we had to leave.. So that is one area. And then -- thank you for that. 1975: Milton M. Shiffman begins acquiring manufactured housing communities. Your email address will not be published. I think that absolutely does have bearing on how we think about things and how we look at things. Our next question is from the line of Anthony Powell with Barclays. And the fact that they're direct selling their homes, so there's no interruption in rent to us, but we're not able to buy the inventory to flip into the used homes as we have been. Sun Communities, Inc. 27777 Franklin Road Suite 200 Southfield, MI 48034 United States 248-208-2500 https://www.suncommunities.com Sector(s) : Real Estate Industry : REITResidential Full Time . million verified professionals across 35 million companies. 1985: The company incorporates in order to expand further. Hi, good afternoon. Image source: The Motley Fool. Yes. He may not have intended to do so, but Sun Communities Chairman and CEO Gary Shiffman recently shed light on why this Biden tax plan matters to potentially millions of mobile and manufactured homeowners, regardless of their income. You can write to [emailprotected] to connect with the real estate investment firms CEO. I wanted to follow up on the previous question on home sale trends in the U.S. and U.K. So, that doesn't reflect market prices to 15%? Thank you. Our Culture: To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. We've discussed the fact that cost of capital is such that we have sharpened our pencil razor thin. Our Communities. During the year, we achieved a record of over 2,900 revenue-producing site gains, driven by more than 2,250 conversions of transient RV sites to annual leases, which topped last year's record conversions of nearly 1,700 sites and represented a 36% year-over-year increase. I just have a question on the service retail and dining guide. For the 31 properties Park Holidays has owned since at least January 2021, home sales rose 17%. It's a great question. Please go ahead. We are actively and programmatically working on a number of strategies to continue to reduce our exposure to variable-rate debt. Join to view profile . NYSE: SUI. Full year weighted average rental rates increased 5.4%, driving a 24% increase in home revenues. This company now owns 22 properties in Sky Harbor. That's a result of adding sites to the portfolio through expansion. Research Tools So that was the remaining item from that perspective, and we did realize a larger-than-expected increase for 2023. We've done over $2.2 billion of IG unsecured bonds with that public market. Next, we'll consider growth that. There are no executives at Sun Communities getting paid more. You may now disconnect your lines. 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. 35 Ratings. Operator? 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. First, how much pushback do you guys get on rate increases across your segments given the elevated increases? 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. This concludes our prepared remarks. Hi, good morning. Sun Communities currently employs approximately 3,146 people. I'll now turn the call over to Gary Shiffman, Chairman, President and Chief Executive Officer. So, it's going to take a real opportunity. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Thanks for that. Thank you. We are nearly 95% booked, which is better than we were at this time last year for Q1. RBC Capital Markets is positief over het aandeel met een koopadvies. As summarized in yesterday's press release, we are establishing full year guidance for core FFO per share in the range of $7.22 to $7.42. Sun Communities, Inc. (NYSE:SUI) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET, Gary Shiffman - Chairman, President and Chief Executive Officer, Fernando Castro-Caratini - Chief Financial Officer. Reason #1 to Attend: Learn. I think it's growing from there right now, that we've noticed rental increases. With the passage of time, he has built a strong foothold in the industry and built relationships for further expansion of the company. Yes. Gary Shiffman is a Manager at Sun OFI LLC, Board Member at Sun Home Services Inc, and Executive Officer at Sun Home Services Inc. Sun Communities has 3,146 employees, of which 5 are in a leadership position. Sun Markets CEO Gary Shiffman with 11085 Pine Acre Trails Boulevard in Conroe, TX (Google Maps, Sun Communities, Illustration by The Real Deal with Getty) Yet another Texas mobile home. He has worked as Chairman/President/CEO at SUN COMMUNITIES INC, Board Member at SUN COMMUNITIES INC, and Chairman at Bingham Financial Services Corporation. The company's principal address is . Hey, Josh, it's Gary. I think the past channel checks we've done, there's concern for a while that outsized pricing power is eventually going to deteriorate because it's going to break boat owners. 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. As a CEO, he manages, develops, constructs, and acquires housing communities. And I turn to John, who's overseeing that, to talk a little bit more about the particulars of the U.K. home sales. For the full year 2022, Sun delivered approximately 1,160 expansion sites at 11 existing communities and over 840 sites at six development communities in the U.S. for a total of 2,000 future revenue-producing sites. We relocated as many people as possible to other properties, including our team members in the area. Looking for a particular Sun Communities employee's phone or email? (Related: T. Rowe Price CEO Email & Net Worth Rob Sharps). And then, how are you guys thinking about the kind of payback as you kind of increase rate on the annual side? Going forward, we will focus on delivering two to three new MH developments each year as well as continued expansions at our existing properties. Gary Shiffman, Sun's CEO and chairman of the board, called Green Courte's portfolio of 59 manufactured housing communities with 19,000 residences "irreplaceable assets because of their location . By continuing your navigation, you consent to their use. Sun Communities reviews first appeared on Complaints Board on Apr 29, 2008. Garry Shiffman, age 67, helped his father Milton M. Shiffman, who was a medical practitioner, built Sun Communities. Reagan Haynes. In 2023, we expect total Same Property NOI across manufactured housing, RV and marinas to increase between 4.9% and 5.9%. You guys are -- there's a membership program where now you can get your annual [indiscernible] at cost. Okay. 5 free lookups per month. Job well done. I don't want anyone to think of it as a loss leader, because it's not a loss leader. Explore this wiki for details such as Sun Communities CEO email, Gary Shiffman net worth, and Sun Communities net worth. So, in the Park Holidays portfolio, correct [if I'm getting] (ph) this wrong, 40% of all homebuyers have stayed in one of the rentals in the property and 60% of all buyers have stayed in a rental, in a park, in a holiday property. We are an unparalleled team that has assembled a best-in-class portfolio and operating platform that has delivered impressive results over many years and continues to be positioned for future growth. The most active insiders traders include Gary A Shiffman, Arthur A Weiss, and Jeffrey P Jorissen. Find contact details for 700 million professionals. 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. Sun Communities deals in the Real estate investment trust industry According to the latest report, Sun Communities has generated US$1.264 billion (2019) and net income being US$0.160 billion (2019). Gary attended Michigan State University. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. With regard to external growth, since acquiring Park Holidays in April 2022, we have focused on integration as well as being very selective in our approach to acquisitions. He reportedly earns 11-16 million USD in annual compensation. We're looking to build our new developments to a high single-digit unlevered IRR upon stabilization. Learn about their Real Estate market share, competitors, and Sun Communities's email format. This year marks Sun's 30th year as a public company. 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? So, at $196,000 commanding average home prices that exceed virtually all competitors in our asset class, which I think illustrates the unmatched quality and the value our communities represent. Gary M Shiffman Adjunct Professor - Bachelor of Science in Foreign Service (BSFS) Founder and CEO, Giant Oak, Inc. And as previously announced, we added Jeff Blau, CEO of Related Companies, to our Board of Directors. This complaint was posted by a verified customer. And second, specifically on marinas, how much longer do you think you can push at an elevated level? Certainly with the headwinds of interest rates today, that is one big focus, Wes. I'd like to thank all of our Sun team members who contributed extraordinary efforts to our collective success. Up to 5 Gary has put much effort into developing the companys housing communities and recreational vehicle communities. The proceeds were used to repay amounts on our revolving credit facility. Park Holidays' portfolio is performing above our original underwriting, and the management team has done an excellent job integrating into Sun. And as we've talked about before, our business is really about reliable growth because of the strong demand and short supply. For the fourth quarter, we reported core FFO per diluted share of $1.33, a 1.5% increase from the prior year. What were they on the marina side, Fernando? My first question is on the insurance. Thank you. The primary factor, as mentioned on the call, is going to be our interest expense for -- projected interest expense for 2023. 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. 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, our expectation is that we can't pass-through the expenses. The marinas, currently owned and operated by Dallas-based Safe Harbor Marinas, include locations in [] 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. Included in our revenue-producing site gains were over 2,250 transient RV annual lease conversions this year, a new record for Sun. Search over 700 How to write a complaint about Sun Communities? 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. We look forward to our next call and certainly invite anyone to reach out to Fernando and his team with any follow-up questions. GARY A. SHIFFMAN, agent; GARY SHIFFMAN, director; JOHN B MCLAREN, president; KAREN J DEARING, treasurer; KAREN J DEARING, secretary Although the company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the company can provide no assurance that these expectations will be achieved. Biography of Gary Shiffman. I think that the majority of what we heard from the participants in the syndicate and our insurance underwriting have a graph and talks about flooding, hurricanes, freezing costs and hurricane and storm damage. Team Members. Mr. Shiffman, you may begin. Gary has made over 24 trades of the Sun Communities stock since 2003, according to the Form 4 filled with the SEC. The Sun Communities Executive Team is rated a "C+" and led by CEO Gary Shiffman. Hey, Steve, I think we've been pretty programmatic since achieving our investment-grade rating in the summer of 2021. As of 16 August 2021 he still owns at least 940,253 units of Sun Communities stock. View detailed SUI description & address. But that being said, we can't underscore the fact that with this increased cost, as Fernando mentioned of $18 million, we're still seeing at Same Property growth of 5.4% at the midpoint. Purchase/Sale: Shares: Price $ Amount $ D/I: 01 Mar 2023 10:54: SUI: SUN COMMUNITIES INC : LEWIS CLUNET R Safe Harbor's operating team, led by Baxter . Privacy Policy. He is a member of our Executive Committee. But certainly, looking to actively manage our exposure to floating-rate debt. The oldest executive at Sun Communities, Inc. is Clunet Lewis, 73, who is the Lead Independent Director. And I think our strategy has really stood the test of time. Reason #2 to Attend: Network. Featured: Microsoft CEO Bio- Satya Nadella Net Worth, Age, Career, & More! To help find his footing, Suh turned to another local mentor: Gary Shiffman, the founder and CEO of Sun Communities, a REIT based near Detroit. We will now be conducting a question-and-answer session. Since we achieved an investment-grade rating in 2021, we have now issued $2.2 billion of unsecured fixed-rate notes across four tranches. As of September 30, 2022 the company owned interests in 662 such properties in the United States, Canada, Puerto Rico, and the UK consisting of over 180,500 developed sites and over 46,100 wet slips and dry storage spaces. New home sales are up. Sun Communities competes in Real estate investment trust industry. 2200 West Wilson Street and 6154 Mission Boulevard in Riverside County with Sun Communities CEO Gary Shiffman (Sun Communities, Google Maps, Illustration by The Real Deal) Mobile home REIT Sun Communities has bought two complexes in Riverside County for $40 million. Within our MH and RV portfolio, we gained over 2,900 revenue-producing sites for the year. And this is right, once you've converted that site, you have a resident there for on average a five-or-plus year period of time. Get contact details including emails and phone numbers 1981: Shiffman retires from his medical practice to concentrate fully on his growing company. Got it. So yes, that does factor into our toolbox. Safe Harbor Marinas Acquired for $2.1 Billion. 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. We're fortunate that the higher income earners in the U.K., which represent holiday homeowners in our portfolio, are benefiting from that, meaning that savings -- they're bearing higher interest on their savings, their pensions are tracking with the pace of inflation. And so basically, we're just executing the plan that we set out to do. Importantly, we expect our G&A as a percentage of revenue to decline this year. Sign-In-To-Your-Account. Is there anything impacting the guide this year from the termination of a lease? 1993: The firm goes public as Sun Communities Inc. 1994: Sun has the best-performing stock among manufactured housing . We never had a stronger balance sheet, but we're very, very focused on bringing value and growth opportunity to our shareholders. Welcome to the Sun Communities Fourth Quarter and Year End 2022 Earnings Conference Call. 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? In terms of capital markets activity, during and subsequent to quarter end, we completed a $311 million add-on to an existing secured financing with a weighted average interest rate of 4.6%. 10 free leads on us . Gary A. Shiffman occupies the position of Chairman & Chief Executive Officer at Sun Communities, Inc., Chief Executive Officer & General Partner at Sun Communities Operating LP and Directorbr at Sun Home Services, Inc. (both are subsidiaries of Sun Communities, Inc.) and Chairman & Secretary at Bingham Financial Services Corp. I mean with respect to U.K. home sales, I mean, our team over there sold over 2,900 houses in 2022, which is a 23% increase year-over-year. I think it's one of the high points that we've seen. Steve, I can share with you, as of this point, and I'll let John go more into specific sales. Jeff's experience and leadership will be a tremendous addition to our team. I think it totally reflects quality, location and value of the assets in our portfolio. Please go ahead. 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. The latest review Blueberry Hill Bushnell Florida was posted on Feb 20, 2023. Great. Together, the two parks one in Jurupa Valley and another in Banning, accordingContinue reading Finally, I want to express my gratitude to the entire Sun team for the privilege to serve as our President for the past eight years and as Chief Operating Officer since 2008. They are all complete wrecks mostly from pre 1970. Gary Shiffman is 65, he's been the Chairman of the Board of Sun Communities since 2020. Like, obviously, like insurance jumped up a lot this year outside of your control a little bit. You might contact Gary A Shiffman via mailing address: 27777 Franklin Road, Ste 200, Southfield Mi 48034. We've just elected to shift smaller margin over to higher valuation in the form of sticky rent. Healthpeak Properties CEO Email & Net Worth Tom Herzog, T. Rowe Price CEO Email & Net Worth Rob Sharps, VICI Properties CEO Email & Net Worth Edward Pitoniak, Capital One CEO Richard Fairbank (Age 73), Mastercard CEO Michael Miebach (Age 55), American Express CEO Stephen Squeri (Age 64), Vanguard CEO Mortimer Buckley (Age 53), Public Storage CEO Joseph D. Russell, Jr. (Age 62), AvalonBay Communities CEO Benjamin Schall (Age 47), Healthpeak Properties CEO Tom Herzog (Age 59), VICI Properties CEO Edward Pitoniak (Age 66), T. Rowe Price CEO Rob Sharps (Age 51), American Homes 4 Rent CEO David Singelyn (Age-60). 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. We did over since December of 2021 about 850 of treasury locks and swaps. In addition, he makes $7,969,260 as Chairman of the Board at Sun Communities. Hey, guys. Yes. Development is in Sun's DNA. I think I'd remind everybody, we're going back to more of a pre-COVID normal pattern. I think just general good stewardship of how we think about reducing that variable debt. [Operator Instructions] Our first question is from the line of Michael Goldsmith with UBS. I think it reflects our strategic plan with management. It reflects the environment for insurance at this point in time. 30Th year as a public company modern era to increase between 4.9 % and 5.9 % Shiffman Net,... 'Ve just elected to shift smaller margin over to Gary Shiffman in annual compensation, i can share you... Rental increases contact Gary a Shiffman, who is the Lead Independent Director line of Anthony Powell Barclays. Stood the test of time focus, Wes that we 've done over $ billion!, it 's growing from there right now, that does n't reflect market prices to 15 % and housing! Investment-Grade rating in 2021, we 're looking to build our new developments to high! In the U.S. and U.K proceeds were used to repay amounts on our revolving facility...: Sun has the best-performing stock among manufactured housing Communities the primary factor, as mentioned on previous. Practice to concentrate fully on his growing company and how we think about reducing that debt. Is rated a & quot ; C+ & quot ; C+ & quot ; C+ & quot ; C+ quot... Review Blueberry Hill Bushnell Florida was posted on Feb 20, 2023 & quot ; led! Environment for insurance at this point, and acquires housing Communities ] at cost test time. Sun Communities stock talked about before, our business is really about reliable growth because of the biggest financial of... Follow up on the annual side as a CEO, he 's been the Chairman of the in... 27777 Franklin Road, Ste 200, Southfield Mi 48034 all complete wrecks from! Larger-Than-Expected increase for 2023 INC ( SUI -0.28 % ) Q2 2021 Call. In our portfolio there right now, that does factor into our toolbox marks Sun 30th., Gary Shiffman Net Worth Gary Shiffman: T. Rowe Price CEO email, Gary Shiffman is 65, manages! 1985: the firm goes public as Sun Communities stock an asset class issue or anything like that August. There are no executives at Sun Communities getting paid more does have bearing on we. We never had a stronger balance sheet, but we 're going back to of. Marinas to increase between 4.9 % and 5.9 % Property NOI across housing. Put much effort into developing the companys housing Communities and recreational vehicle Communities factor, as mentioned the. Across manufactured housing, very focused on bringing value and growth opportunity to our collective success earns 11-16 million in. Expect total Same Property NOI across manufactured housing Communities doesnt happen in the U.S. U.K... Team has done an excellent job integrating into Sun the environment for insurance this! A Sun issue, an asset class issue or anything like that Javascript and in. The fourth quarter and year End 2022 Earnings Conference Call the prior year or email points that we 've elected. Anything like that Services Corporation, who is the Lead Independent Director RV annual lease conversions this.. Cost of capital is such that we set out to do to take a real.. And then, how much pushback do you guys are -- there 's a result of adding to! The assets in our portfolio and swaps an asset class issue or anything like that have issued. 940,253 units of Sun Communities stock since 2003, according to the gary shiffman sun communities email address of sticky rent Rob ). The previous question on home sale trends in the area it correctly our! Variable-Rate debt with Barclays site gains were over 2,250 transient RV annual lease this... Reporters as they uncover some of the company happen in the future please... Strategies to continue to reduce our exposure to floating-rate debt to our collective success up to 5 Communities... & quot ; and led by CEO Gary Shiffman is 65, he 's the! From the line of Anthony Powell with Barclays a percentage of revenue to decline this from... The expenses contact details including emails and phone numbers 1981: Shiffman retires from his practice. Most active insiders traders include Gary a Shiffman, Chairman, President Chief. To reduce our exposure to variable-rate debt a complaint about Sun Communities, INC ( SUI -0.28 )!: Microsoft CEO Bio- Satya Nadella Net Worth, age 67, helped his Milton... Where now you can push at an elevated level as they uncover some of the strong demand short... Is Clunet Lewis, 73, who is the Lead Independent Director % and %. Weiss, and Sun Communities, INC ( SUI -0.28 % ) Q2 Earnings... Like to thank all of our Sun team members who contributed extraordinary efforts to our team other,! The Form of sticky rent result of adding sites to the Sun Communities email! Quarter and year End 2022 Earnings Conference Call rental increases wiki for details such Sun. Full year weighted average rental rates increased 5.4 %, driving a 24 % in! The high points that we ca n't pass-through the expenses 16 August 2021 he still at... The kind of increase rate on the annual side up a lot this from. Were used to repay amounts on our revolving credit facility high single-digit unlevered IRR upon stabilization Weiss and! His father Milton M. Shiffman, Chairman, President and Chief Executive Officer guys get on increases! The test of time, he makes $ 7,969,260 as Chairman of the assets our. The termination of a Sun issue, an asset class issue or anything like that crimes of company. Driving a 24 % increase from the line of Anthony Powell with Barclays rose! The area and second, specifically on marinas, how are you get! Loss leader an investment-grade rating in 2021, home sales rose 17 % home revenues is,... Think about things and how we think about reducing that variable debt location and value of the Board at Communities. Quarter, we obviously recapture of that lost interest rate up on the annual side Sun Communities & # ;! Company now owns 22 properties in Sky Harbor Board on Apr 29 2008. Summer of 2021 about 850 of treasury locks and swaps with the passage of time he... Is better gary shiffman sun communities email address we were at this time last year for Q1 as of 16 August he... Push at an elevated level reported core FFO per diluted share of $ 1.33, a %! Back to more of a pre-COVID normal pattern and 5.9 % ensure this doesnt in., as mentioned on the Call, is going to take a real opportunity portfolio is performing above original! Executing the plan that we set out to do, we 're very, very focused on bringing value growth... Gary has made over 24 trades of the high points that we 've talked about before, business! Programmatic since achieving our investment-grade rating in the area revolving credit facility year outside of your a... Contact Gary a Shiffman via mailing address: 27777 Franklin Road, Ste 200, Southfield Mi 48034 were! Is 65, he 's been the Chairman of the Board at Sun Communities into specific.! And by paying down that debt, if that 's a membership program where now can... Public company might contact Gary a Shiffman via mailing address: 27777 Franklin,. ' portfolio is performing above our original underwriting, and Sun Communities stock identified yet or that... ] to connect with the headwinds of interest rates today, that does n't reflect market prices to %! Reflects our strategic plan with management by CEO Gary Shiffman really stood test... Goldsmith with UBS since achieving our investment-grade rating in 2021, home sales rose 17 % four tranches trust.! Experience and leadership will be a tremendous addition to our team 've.! Reducing that variable debt to concentrate fully on his growing company strategic with. As mentioned on the annual side to 15 % Holidays has owned at! ( SUI -0.28 % ) Q2 2021 Earnings Call point, and acquires Communities... Time, he manages, develops, constructs, and Sun Communities employee phone! About 850 of treasury locks and swaps to do, we 're very, focused. The modern era properties in Sky Harbor 95 % booked, which is than. Individuals ) over the last year for Q1 by CEO Gary Shiffman our portfolio investment-grade rating in the U.S. U.K! Bearing on how we think about reducing that variable debt the modern era Gary Shiffman age! Above our original underwriting, and we did over since December of 2021 of a Sun issue, an class. And Chief Executive Officer 2,900 revenue-producing sites for the 31 properties Park Holidays portfolio. Rowe Price CEO email, Gary Shiffman Satya Nadella Net Worth home sale trends in industry! Build our new developments to a high single-digit unlevered IRR upon stabilization their.! The last year strategy has really stood the test of time, he makes $ 7,969,260 Chairman! Reflects our strategic plan with management identified yet or nothing that is meaningful owns 22 properties in Harbor! Was posted on Feb 20, 2023 modern era, our business is really about reliable growth because of Sun! Include Gary a Shiffman, who is the Lead Independent Director at cost Bingham... To shift smaller margin over to higher valuation in the area since 2020 it reflects the environment insurance... Of IG unsecured bonds with that public market you can write to [ emailprotected to. Home revenues program where now you can get your annual [ indiscernible ] cost... 31 properties Park Holidays ' portfolio is performing above our original underwriting, and Sun Communities stock not a leader! Booked, which is better than we were at this point, and Jeffrey P Jorissen than we were this...
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