Real Estate News

Sun Communities, Inc. Provides Update on Recent Activities

Southfield, MI, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) ("Sun" or the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas (collectively, the "properties"), today provided an update on the following recent activities:

The Company recently completed its North American MH and RV insurance renewal for 2024, resulting in an expected increase in insurance-related expense of approximately 15% to 20%, as compared to 2023.

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