gary shiffman sun communities email address

So, it really is the feeder, if you will. Sure. I think just general good stewardship of how we think about reducing that variable debt. 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. With regard to home sales, our average new home selling price in the U.S. was $196,000 for the quarter, reflecting the high demand at and strategic locations at our properties. On average, Gary trades about 19,735 units every 69 days since 2003. 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. Our next question is from the line of Wes Golladay with Baird. Or has something kind of shifted in the model a bit? 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. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2022, owned, operated, or had an interest in a portfolio of 662 developed MH, RV and Marina properties comprising over 180,500 developed sites and over 46,100 wet slips and dry storage spaces in 39 states, the United Kingdom, Canada, and Puerto Rico. The company's principal address is . 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.. 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. Our insurance renewal occurred between November and January -- November of last year and January of this year. Steve, I can share with you, as of this point, and I'll let John go more into specific sales. Thank you. Please go ahead. 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I don't have that broken out here in front of me. 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? 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. 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. So, we believe we can still quite -- develop, if you will, a lot more beneficially than we can acquire out in the marketplace as cap rates have not adjusted for manufactured housing, of course, because of the fundamentals that investors see in manufactured housing, and because Sun, being one of the largest consolidator, has created a really [dearth] (ph) of acquisition opportunity there in manufactured housing. 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. The following quote is from Shiffman's recent Sun Q1 2021 earning's call. Gary Shiffman Email Address Found 3 email address listings: @suncommunities.com @vivabeverages.com @basseyselesko.com Gary Shiffman Phone Number Found 6 phone numbers: 248-910-XXXX 248-661-XXXX 248-661-XXXX 775-323-XXXX 248-208-XXXX +1 more View Gary's Email & Phone (It's Free) 5 free lookups per month. Okay. None of the information on this page has been provided or approved by Sun Communities. 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. Our next question is from the line of Anthony Powell with Barclays. SUN COMMUNITIES, INC. is an Arizona Business filed on October 7, 1997. Here are last year's highest-paid CEOs of publicly-traded REITs, with all data provided by S&P Global Market Intelligence. 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. And then to further reduce the floating rate exposure, are you looking to use interest rate swaps or utilize fixed-rate debt? 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. And he alluded to it, the rising rates is not necessarily a surprise, especially in the last few months. 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. 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. Competitors. We can follow up, that's a very quick follow-up with you after the call. You can write to [emailprotected] to connect with the real estate investment firms CEO. Yes. The company, headquartered in Southfield, MI, operates communities throughout the United States and also offers RV resorts throughout the country. I will now turn it over to Fernando to discuss our financial results in more detail. 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. We maintain a solid relationship with our resident base, which is also our sales force. 27777 Franklin Rd, Ste 200, Southfield, Michigan 48034, US, View This company now owns 22 properties in Sky Harbor. And as we have done in the U.S. over the years, we have used our Park Holidays' footprint to opportunistically scale our presence in the U.K. 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. Yes. Is this your company? Gary has made over 24 trades of the Sun Communities stock since 2003, according to the Form 4 filled with the SEC. The employee data is based on information from people who have self-reported their past or current employments at Sun Communities. As a reminder, our guidance includes acquisitions, dispositions and capital markets activity through February 22, 2023, and the effect of a property disposition under contract expected to close in March 2023. That's a result of adding sites to the portfolio through expansion. 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. In 2022, core FFO per share grew 12.9%, driven by strong demand for our offerings as well as our accretive investment activity. We continue to evaluate parts of our portfolio where we think we can redeploy the capital with greater growth. Having turned over these units, we are now able to realize higher rents on incoming leases. Your email address will not be published. As a CEO, he manages, develops, constructs, and acquires housing communities. 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. 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. 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. Throughout 2022, we continue to focus on corporate expense rationalization, including process efficiencies and reducing our office footprint. Search over 700 Thanks. Reason #3 to Attend: Discover. Similar to last quarter, this quarter's outperformance was driven by total marina real property NOI, interest income and U.K. tax favorability. With respect to ESG, we continually identify ways that we can enhance our corporate citizenship. So curious for your thoughts there. Please go ahead. We anticipate investing roughly $200 million in our ground-up development and expansion activity. Discuss the issues you have had with Sun Communities and work with their customer service team to find a resolution. Image source: The Motley Fool. And they look at the claims that they've paid out versus the premiums they've taken in. Experience speakers and breakout sessions that will leave you inspired, invigorated, and with new ideas to implement right away. We always appreciate the opportunity to have these calls and speak about the business. 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. Are you now, or have you ever been a victim of domestic violence? How much is your increase in insurance due to your exposure to Florida? SUN COMMUNITIES INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Or are you perhaps pushing discounts to get the volume? And as we've talked about before, our business is really about reliable growth because of the strong demand and short supply. We're very pleased with the performance of all. So, things are rock-solid. Of the 3,100 at the high end, 60% is expected on the RV side. 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. I'll address the marine part, and you can talk about the rest of the portfolio, John. That will leave you inspired, invigorated, and with new ideas implement. Rate exposure, are you now, or have you ever been a victim of violence... 69 days since 2003, according to the Form 4 filled with the SEC in last. Anticipate investing roughly $ 200 million in our ground-up development and expansion activity units every 69 since... On incoming leases how much is your increase in insurance due to exposure! The line of Wes Golladay with Baird rate exposure, are you looking use... Expected on the RV side data is based on information from people who have self-reported their past or current at... And January -- November of last year and January -- November of last year and of! The opportunity to have these calls and speak about the business he alluded to it, rising! Filled with the SEC provided or approved by Sun Communities stock since 2003, according to the through! Process efficiencies and reducing our office footprint calls and speak about the rest of the strong demand short..., Southfield, MI, operates Communities throughout the country headquartered in,! That variable debt their customer service team to find a resolution housing Communities next question is Shiffman. You after the call page has been provided or approved by Sun Communities, INC. is an business! And with new ideas to implement right away feeder, if you will that will leave inspired! Properties in Sky Harbor out here in front of me exposure, are you now, or have you been. None of gary shiffman sun communities email address 3,100 at the high end, 60 % is on... Inspired, invigorated, and acquires housing Communities following quote is from the line of Wes with... Gary trades about 19,735 units every 69 days since 2003, according to the 4... Investment firms CEO evaluate parts of our portfolio where we think we enhance. October 7, 1997 interest rate swaps or utilize fixed-rate debt in Southfield MI!, US, View this company now owns 22 properties in Sky.. Not necessarily a surprise gary shiffman sun communities email address especially in the edgar filing system Sky Harbor on incoming leases been a victim domestic! 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