Sun Communities, Inc. acquired Three Marina Properties in US for $12 million.
April 28, 2024
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Sun Communities, Inc. (NYSE:SUI) acquired Three Marina Properties in US for $12 million Subsequent to the quarter ended March 31, 2024. In conjunction with one of the acquisitions, the Company issued 19,326 common OP units valued at $2.5 million.
Sun Communities, Inc. (NYSE:SUI) completed the acquisition of Three Marina Properties in US Subsequent to the quarter ended March 31, 2024.
Sun Communities, Inc. is a fully integrated real estate investment trust (REIT). The Company owns manufactures housing (MH) and recreational vehicle (RV) communities and marinas in the United States, the United Kingdom, and Canada. The Company operates through three segments: MH communities, RV communities, and Marinas. The MH communities segment offers affordable housing to individuals and families, while also providing certain amenities. The RV communities offers affordable vacation opportunities to individuals and families with various amenities. The Marinas offers wet slip and dry storage space leases, end-to-end services, fuel sales and other amenities. The Company owns and operates, directly or indirectly, or had an interest in, a portfolio of 667 developed properties located in the United States, the United Kingdom, and Canada, including 353 MH communities, 179 RV communities and 135 marinas. The Companyâs properties contained an aggregate of 227,340 developed sites.
SUN COMMUNITIES, INC. 
