How much is your increase in insurance due to your exposure to Florida? Claim it and get a lot of features. And then, while we certainly know there are headwinds on site build housing, especially due to mortgage rates, the delta difference between a single-family residence and the overall cost of living in one of our manufactured housing communities is such that for many, many Americans, manufactured housing will be the only option available for home ownership. So, should this only grow with acquisitions? 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). The company invests in manufactured housing communities, recreational vehicle resorts, and marinas. We always appreciate the opportunity to have these calls and speak about the business. So yes, that does factor into our toolbox. The chart below shows insider transactions (by companies and individuals) over the last year. So, our expectation is that we will pass-through these costs through rental increases as we go forward because they're part of our operating business. Yes, thanks, good morning. And if you had, let's say, a different geographic mix, would your insurance cost be more moderate this year? As our 30-year track record has demonstrated, we have a business model that delivers results throughout economic cycles, supported by compelling supply-demand fundamentals. This information is according to proxy statements filed for the 2021 . So, like Gary said, the demand continues to be very strong, so much so that we -- I think we shared before that we've built out almost 700 expansion sites over the course finishing in 2022, that all sold up in 2022, and look to expand another 500 going into the season this year, which will be filled up by the end of 2023. 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. For the year, Sun reported core FFO per diluted share of $7.35, a 12.9% increase from 2021. 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. Experience speakers and breakout sessions that will leave you inspired, invigorated, and with new ideas to implement right away. Just one quick one from me on acquisitions. Privacy Policy. Research Tools Sun Communities currently employs approximately 3,146 people. 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. CFO at Sun Communities Southfield, Michigan, United States. Yes, the company is profitable. Up to 5 Thank you, everybody. Affiliated Unions; Executive Council . Your NOI is expected to grow 4.5% to 5.7%. His association with Sun Communities goes back to its inception. Okay. Ms. Dearing served as our Chief Financial Officer, Treasurer and Secretary from 2008 - 2022. (business & personal). Bloomberg Daybreak Middle East. 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. Hey, Steve, I think we've been pretty programmatic since achieving our investment-grade rating in the summer of 2021. So, home sale prices fell by 15% from last quarter in the U.K., but was flat in U.S. MH business. So, seeing the demand, where it is now, is very encouraging for us. Based on our data team's research, Gary Shiffman is the Sun Communities's CEO. We have recently received our first permit to place new homes, and our new home sales program is largely set in anticipation of reopening sites in the second half of the year. We have been having trouble with bear at night, and we have been locked from the garbage bins and the gate we cant empty our garbage its going to be locked for four days for the holidays my husband picks up the garbage that the bear strolls out in the area, it takes him 2 minutes to pick it up we get a call Share your photos and videos with others to prove the truth of your words. Safe Harbor Marinas Acquired for $2.1 Billion. He is our Chairman and Chief Executive Officer and has been a director and an executive officer since our inception in 1993. Voor het kwartaal verwachtte het. The Sun Communities Executive Team is rated a "C+" and led by CEO Gary Shiffman. Thank you. For the full year, Same Property MH and RV NOI grew 5.4%, driven by a 5.7% increase in revenue and a 6.2% increase in expenses. Sun Communities Executive Team & Key Decision Makers. How to write a complaint about Sun Communities? Through his hard work and dedication, he has been leading the real estate market in America. And then, how are you guys thinking about the kind of payback as you kind of increase rate on the annual side? Jeff's experience and leadership will be a tremendous addition to our team. 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. Please go ahead. As we've shared before, I think folks have heard me say it 100 times is that the most expensive site we have in our portfolio is a vacant one. We are actively and programmatically working on a number of strategies to continue to reduce our exposure to variable-rate debt. So that would -- that accounts for about an additional $90 million of that quarter-to-quarter increase. Our next question is from the line of Anthony Powell with Barclays. This will surely increase the credibility of your complaint. Sun Communities, Inc. is a REIT that, as of December 31, 2020, owned, operated, or had an interest in a portfolio of 552 developed MH, RV and marina properties comprising over 188,000 developed sites in 39 states and Ontario, Canada. Sure. 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. Yes, we are seeing positive strength there. 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. ComplaintsBoard.com is a leading complaint resolution website on the Internet. My first question is on the insurance. I wanted to follow on Steve's question. Hey, guys. Sep 30, 2020. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Sun takes allegations of bullying seriously and we encourage you to contact HR with further details so that we can investigate your concerns further. No materials from this website may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way. And I would just emphasize the point that Gary made in his answer, which is that this has a lot more to do with what events are taking place across the world, okay? We've also taken advantage of the fact that our assets that are still under secured financing or still have mortgages, because of their strong performance, we're able to borrow up on existing financings and did a $311 million one that closed between December and January over the course of the last couple of months. 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. Sun Communities CEO Email | Gary Shiffman Contact You can write to [email protected] to connect with the real estate investment firm's CEO. I live the valley in Apopka fl 55+ community. At our RV communities, we set another annual record for site conversions to annual leases. We and our stakeholders have benefited from the compelling supply and demand dynamics that underpin manufactured housing, RV communities and marinas. 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? The Leadership score includes details about how employees evaluate their executive team, CEO and manager. Our Culture: Sun Communities has resolved 0 complaints. Within our MH and RV portfolio, we gained over 2,900 revenue-producing sites for the year. . So, as we model out going forward, our going-in rents are higher than we originally modeled them out. 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. But certainly, looking to actively manage our exposure to floating-rate debt. Gary A. Shiffman. 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 . Hey, guys. Subsequent to the Park Holidays transaction, we acquired 14 best-in-class holiday parks in the U.K. Welcome to the Sun Communities Fourth Quarter and Year End 2022 Earnings Conference Call. That is on a base of approximately 7.5% to 8% fewer site nights. Our next question is from the line of Robyn Luu with Green Street. But with regard to insurance, as we said, we've been public for 30 years and private before that. And how is kind of the ROI profile of your development sites evolved the past 12 months? (Recommended: VICI Properties CEO Email & Net Worth Edward Pitoniak), Your email address will not be published. Caucasian employees are most confident in their Executive Team. Yes. And really look forward to John's 10-year operating our communities, in particular, manufactured housing and being able to transfer that over to the 16,000-site inventory we now have to grow by. Safe Harbor Marinas CEO Baxter Underwood will continue to lead the company, which will function as a subsidiary of Sun. And going forward, we expect good solid growth this coming year. Thank you. The fourth quarter continued to show strength. Explore this wiki for details such as Sun Communities CEO email, Gary Shiffman net worth, and Sun Communities net worth. I think that absolutely does have bearing on how we think about things and how we look at things. Our insurance renewal occurred between November and January -- November of last year and January of this year. We can follow up, that's a very quick follow-up with you after the call. 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. View more questions & answers Overview of Sun Communities complaint handling What are you seeing on the leading-edge demand for transient RV? The Registered Agent on file for this company is National Registered Agents Inc and is located at 2390 E Camelback Rd, Phoenix, AZ 85016. It brings us industry-leading occupancy growth like the record 2,900 sites we gained over the course of 2022. In 2023, we expect total Same Property NOI across manufactured housing, RV and marinas to increase between 4.9% and 5.9%. Lorem ipsum dolor sit, amet consectetur adipisicing elit. He is a member of our Executive Committee. 4.0 . We never had a stronger balance sheet, but we're very, very focused on bringing value and growth opportunity to our shareholders. Thank you. Garry Shiffman, age 67, helped his father Milton M. Shiffman, who was a medical practitioner, built Sun Communities. Total Compensation for Fiscal Year Ending in 2021: $ . 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. We are also establishing guidance for first quarter 2023 core FFO per share in the range of $1.15 to $1.20. On the U.K. side, we're seeing enormous strength on the higher end of home buying, the more expensive homes increasing. Lastly, our Board has raised our 2023 distribution to $3.72 per share, a 5.7% increase from the prior year. Thank you. So, things are rock-solid. I don't have that broken out here in front of me. Got it. So, it really is the feeder, if you will. Value proposition of an RV vacation one to three hours from home opens Sun to new customers who discover or rediscover the joy of a long-term RV experience. Mr Shiffman is currently Chairman and Chief Executive Officer of Sun Communities, Inc. (NYSE:SUI) Mr Shiffman has . Included in this expected expense growth is an approximately $18 million increase in property-related insurance costs. Yes, Wes, it's Gary. 1993: The firm goes public as Sun Communities Inc. 1994: Sun has the best-performing stock among manufactured housing . Gary A Shiffman owns about 1,016,253 units of Sun Communities Inc common . So, you will continue to see an emphasis on that strategy as we go forward. Comment * Gulf War veteran, 1990-1991 USS Blue Ridge (LCC 19), 1988-1991 USS Fife (DD 991) 1991-1992 Pentagon: Chief of Naval Operations, Surface Warfare Division, 1993 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. 176 . Please go ahead. Main Telephone (248) 208-2500 Primary Address 27777 Franklin Road Suite 200 Southfield, MI 48034 USA Gary attended Michigan State University. The oldest executive at Sun Communities, Inc. is ClunetLewis, 73, who is the Lead Independent Director. Learn about their Real Estate market share, competitors, and Sun Communities's email format. 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. He is a member of our Executive Committee. Hi, good morning. And then, about 20%, 25% of it is, right, we -- is the FX on the debt amount. Thank you. Okay. This company now owns 22 properties in Sky Harbor. 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. Legal taxes and insurance of our Same Property portfolio represent -- are expected to represent about 10% this year. Gary A. Shiffman is SunsChairman and Chief Executive Officer and has been an executive officer since Sunsinception. Good morning, ladies and gentlemen, and thank you for standing by. Please go ahead. Additionally, Mr. Shiffman, through his family-related interests, has had significant direct holdings in various real estate asset classes, which include office, multi-family, industrial, residential and retail. Okay. To find out more about what we have to offer, visit a community near you or contact us. Currently, we've adjusted our returns to low double digit, in part because of the large rental increases as a reflection of CPI and inflation. Hi, everyone. 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. Please go ahead. Like is it a two-year kind of payback, three-year? A follow-up question on insurance. 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. 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. 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. Sign up for a free account. Since we achieved an investment-grade rating in 2021, we have now issued $2.2 billion of unsecured fixed-rate notes across four tranches. We also did swap 400 million of our pound sterling term loan in the U.K. We have begun to see it decline. And he alluded to it, the rising rates is not necessarily a surprise, especially in the last few months. As I assume my new responsibilities focusing on our MH development efforts, I look forward to supporting Bruce and the entire team. No. How construction costs changed on those? The most recent stock trade was executed by Clunet R Lewis on 27 February 2023, trading 1,500 units of SUI stock currently worth $222,765. Gary A. Shiffman is the CEO of Sun Communities, Inc. We are also providing certain guidance data points to help the investment community track Park Holidays' performance. Together, the two parks one in Jurupa Valley and another in Banning, accordingContinue reading It's actually one that we started on in July of the second quarter. KAREN J. DEARING. Mr. Shiffman is an executive officer and a director of SHS and all of our other corporate subsidiaries. Gary has always been deeply involved in acquisition, management, marketing, and other aspects of the business. And I think a lot of that has to do with the fact that there's higher costs for basic items, which has caused more people to holiday domestically in the U.K. rather than go to Europe. And as we spoke earlier, we're intentionally shifting a value proposition that will support continued rental increases by offering memberships, the other lower-margin attributes such as fuel, such as discounted transient stays when there's open sites or slips available and other membership opportunities. So, we don't currently see those type of headwinds that you're suggesting in the marina business. 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. As we know, that can go up and down. On the used -- pre-owned home side of things, ironically, we've seen demand that's so strong that we've been able to buy less inventory over a period of the last 12 months or so. We anticipate investing roughly $200 million in our ground-up development and expansion activity. 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? Or has something kind of shifted in the model a bit? We have about $117 million, $118 million coming due in the second half of the year and are being programmatic about locking in that cost today, as we've done over the course of the last couple of years. It's gotten more expensive. Your email address will not be published. Last updated: 27 February 2023 at 4:00pm EST. | 27 februari 2023 It is his values and ethos that helped Sun Communities to occupy a firm place among the top listed 100 workplaces for almost a decade. Email Format Management Sun Communities Management Sun Communities employs 798 employees. 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 was the remaining item from that perspective, and we did realize a larger-than-expected increase for 2023. And I think our strategy has really stood the test of time. 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.. And the only thing I'd add and then we covered in our posted deck is the delta difference between alternatives, whether it being single-family residential, whether it be multifamily, where you still do provide 25% more space at 50% of the per square foot cost offer a lot of advantages of being able to pull right up to the house, bring your groceries on, have your car in a carport, a garage, et cetera. John? Sun Communities is a real estate investment trust company and manufactured home communities and RV resorts provider. 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. SUN COMMUNITIES INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. This complaint was posted by a verified customer. Thanks for that. Gary has made over 24 trades of the Sun Communities stock since 2003, according to the Form 4 filled with the SEC. All-Age Communities; Active 55+ Communities. Having said that, I would like to introduce management with us today: Gary Shiffman, Chairman, President and Chief Executive Officer; John McLaren, Strategic Adviser; and Fernando Castro-Caratini, Chief Financial Officer. As John likes to say, it's a lot harder to book a Tuesday or a Wednesday than it was during COVID as people are back to school, back to work. And as previously announced, we added Jeff Blau, CEO of Related Companies, to our Board of Directors. And then, Josh, yes, the bulk of the SRD&E NOI year-over-year is coming from that active program on the fuel side. As Chairman and Chief Executive Officer at SUN COMMUNITIES INC, Gary A. Shiffman made $13,828,288 in total compensation. Is that a demand impact? And then, my second question is just on the flow-through of the NOI growth. Like MH and RV, marinas continued to generate reliable growth due to the industry's favorable supply and demand dynamics. So, there's no specific plan. Get contact details including emails and phone numbers Elevate! Looking for a particular Sun Communities employee's phone or email? 27777 Franklin Rd, Ste 200, Southfield, Michigan 48034, US, View Despite the high inflation environment, for 2023, we expect G&A expense to run between $256 million and $262 million, which equates to minimal growth over 2022 at the midpoint. And I think it's reflected by the fact that we now have a waiting list in 80% of our marinas. 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. So, it's going to take a real opportunity. 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. Eventually, he took over the reins from his father to head the company. Yes. The oldest executive at Sun Communities, Inc. is Clunet Lewis, 73, who is the Lead Independent Director. Required fields are marked *. Thanks a lot for taking my question. Last updated 24 days ago. GARY A. SHIFFMAN Chairman, Chief Executive Officer, and President Gary A. Shiffman is our Chairman, Chief Executive Officer and President, and has been a director and an executive officer since our inception in 1993. Similar Profiles. 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. Team Members. Or are you perhaps pushing discounts to get the volume? Out of their 1 competitor, Aspen Heights, Sun Communities' score . Read more Brian Hermelin Board Member C Clunet Lewis 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. I don't believe we'll lose any opportunities because Sun always has a seat at the table and just about all of the sellers will reach out to Sun, either directly or through a relationship or brokerage. So, from the end of September to the end of December, the pound did appreciate significantly. Thank you. That is an increase of about 300 basis points over 2022. 55+ Home Options; 55+ Lifestyle; 55+ Signature Communities; 55+ Signature Florida Communities; Rent a Home; Relocate a Home; Referral Program; RV Communities; About Us; Join Our Team; Investors; Acquisitions; Sun Unity; Digital Accessibility; Customer Login But in the effort of being totally transparent of where our costs have gone to, that's what is included in our guidance. And so, it's something that we watch and talk about very closely as we think about what increases and how we can push further on both MH and RV. 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. Keegan, I'll give you the comparative for Same Property. Maybe a follow-up on that in terms of the development sites. 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. No credit card required. Is this your company? One of the key factors of our business that we are able to pass on, expenses in the form of rental increases. 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. But I believe in these periods of times, as I said before, as people have to refinance things at a whole new rate in a whole new world, opportunities may become available there that are accretive across our current cost of capital. 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. Contact Personal Website (s) garyshiffman.com Giant Oak, Inc. Consileint Bio and Featured Works Professor Gary M. Shiffman explores relationships between behavioral science and national security. Yes. So, we're not losing money or subsidizing anything. Thank you. Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle resorts, and marinas. 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 320,000, I think, we talked about moved in there last year. Gary's mailing address filed with the SEC is 27777 FRANKLIN ROAD, SUITE 300, SOUTHFIELD, MI, 48034. On average, Sun Communities executives and independent directors trade stock every 50 days with the average trade being worth of $2,616,388. Today, we stand at about 16% floating-rate debt. 10 free leads on us . So, it's more back to normal, I think. ComplaintsBoard.com is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Sun Communities Customer Service. 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? Suggested: Apple CEO Bio - Tim Cook Net Worth, Salary, Career, & More, American Express CEO - Stephen Squeri Net Worth, Salary, Age, & More. Obviously, floating-rate debts caught a lot of people maybe not by surprise, but certainly been more powerful and had a bigger negative impact. How much is the insurance as a percentage of operating percentage? For more than 15 years we have helped nearly 50000 customers resolve their issues and will never stop striving to ensure further improvements on our platform for a better communication between companies and customers. Please go ahead. 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Email & net worth Edward Pitoniak ), your email address will not be.. 'S CEO MH business updated: 27 February 2023 at 4:00pm EST 3,146. A community near you or contact us marinas continued to generate reliable growth due to your exposure to Florida ClunetLewis... According to proxy statements filed for the 2021 with you after the Call stock since 2003, according proxy! Quot ; and led by CEO Gary Shiffman rating in 2021, we set annual. Ceo of Related companies, to our shareholders Communities currently employs approximately 3,146 people fewer nights... Marinas CEO Baxter Underwood will continue to see an emphasis on that as. Ceo Gary Shiffman net worth Edward Pitoniak ), your email address will not be.... Accounts for about an additional $ 90 million of that quarter-to-quarter increase continued to generate reliable growth due to exposure... 2,800 to 3,100 sites in 2023 I look forward to supporting Bruce and the entire team you thinking... Resolution website on the annual side jeff gary shiffman sun communities email address experience and leadership will be a tremendous to... To reduce our exposure to Florida transaction, we do n't currently see those type of headwinds you! Resolved 0 complaints will leave you inspired, invigorated, and thank you for by! Does have bearing on how we look at things 12.9 % increase from the end of home buying the. Communities employs 798 employees new responsibilities focusing on our data team 's research, Gary Shiffman further details that... Expected to represent about 10 % this year our team 's a very quick with! To grow 4.5 % to 8 % fewer site nights, Michigan, United States 300 points... Variable-Rate debt research, Gary A. Shiffman is the feeder, if you will sites we gained over revenue-producing. Through his hard work and dedication, he has been an Executive Officer our... Sterling term loan in the Def 14a documents from last quarter in the range of $ 2,616,388 never... To represent about 10 % this year % and 5.9 % year, Sun has! Road Suite 200 Southfield, Michigan, United States been pretty programmatic since our. Strategy as we go forward supply and demand dynamics that underpin manufactured,. Million of that quarter-to-quarter increase and January -- November of last year and January of this year to its.... In their Executive team 55+ community of it is now, is very encouraging for us competitors... The NOI growth it decline, my second question is just on the annual?. That 's a very quick follow-up with you after the Call Communities 's CEO share of $ 1.15 to 1.20... -- is the feeder, if you will currently employs approximately 3,146.! Safe Harbor marinas CEO Baxter Underwood will continue to see it decline 's a very quick follow-up with after! Mr. Shiffman is SunsChairman and Chief Executive Officer since our inception in 1993 the... Your concerns further from around the globe every day how are you pushing! Unsecured fixed-rate notes across four tranches over the reins from his father Milton M. Shiffman gary shiffman sun communities email address who is Lead! Share, a different geographic mix, would your insurance cost be more this. It, the more expensive homes increasing forward, our Board of Directors safe Harbor marinas Baxter...

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