Core Insights - The stigma surrounding manufactured home communities is countered by their affordability and space advantages, offering 25% more space than typical rentals at 50% lower cost per square foot [1] - Sun Communities has shown resilient demand and has delivered a 12.6% annualized total return since its IPO, making it an attractive investment opportunity [2] - The REIT has maintained positive same-property net operating income (NOI) growth for over 20 years, outperforming other residential REITs [3] Affordability and Demand - Affordability is a significant factor driving demand for manufactured housing, with relocation costs ranging from $6,000 to $10,000, making it more economical to stay in place [4] - There has been virtually no new supply of manufactured home communities in recent years, further enhancing demand dynamics [4] Diversification and Growth - In addition to manufactured housing, Sun Communities invests in RV parks, marinas, and U.K. holiday parks, benefiting from growing demand in these sectors [5] - The company plans to implement rental increases of 3.7% to 5.2% across its portfolio this year, reflecting its ability to drive revenue growth [6] Growth Catalysts - Sun Communities is converting transient RV sites to annual leases and investing in capacity expansion, which will enhance income generation [7] - The REIT has a strong investment-grade balance sheet, allowing for strategic acquisitions, including notable deals worth $2.1 billion and $1.3 billion in recent years [8] Dividend Growth - The REIT's growth drivers support a high-yielding dividend currently at 3%, significantly higher than the S&P 500's 1.2%, with a history of nine consecutive years of dividend increases [9] - The durable demand for space in its properties positions Sun Communities for continued dividend growth, making it a compelling investment for income-seeking investors [11]

Core Viewpoint - Sun Communities, Inc. will release its fourth quarter 2024 operating results on February 26, 2025, and will host a conference call to discuss these results on February 27, 2025 [1]. Company Overview - Sun Communities, Inc. is a real estate investment trust (REIT) that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties, comprising approximately 179,130 developed sites and about 48,760 wet slips and dry storage spaces across the United States, Canada, and the United Kingdom [4].

Core Viewpoint - A class action lawsuit has been filed against Sun Communities, Inc. for alleged violations of securities laws, claiming the company made false and misleading statements regarding its financial reports and growth expectations [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between February 28, 2019, and September 24, 2024, during which the company allegedly misrepresented its financial status [2]. - The complaint highlights that Sun Communities failed to disclose significant financial obligations, including a mortgage and undisclosed loans involving the CEO, which misled investors [4]. Group 2: Investor Participation - Investors who suffered losses during the class period are encouraged to contact the Schall Law Firm to participate in the lawsuit [2][5]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney unless they take action [3].

Core Viewpoint - A class action lawsuit has been filed against Sun Communities, Inc. for alleged violations of federal securities laws, specifically regarding misleading financial statements and undisclosed loans [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Sun Communities made false and misleading statements about its financial reports and anticipated growth during the class period from February 28, 2019, to September 24, 2024 [2]. - The company allegedly failed to disclose a mortgage signed by CEO Gary Shiffman and multiple undisclosed loans received by him, including one from a board member [2]. Group 2: Investor Participation - Shareholders who purchased securities during the class period and suffered losses are encouraged to contact the DJS Law Group to participate in the lawsuit [3]. Group 3: DJS Law Group Profile - DJS Law Group focuses on enhancing investor returns through balanced counseling and aggressive advocacy, specializing in securities class actions and corporate governance litigation [4].

NEW YORK, Feb. 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sun Communities, Inc. (NYSE: SUI).Shareholders who purchased shares of SUI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/sun-communities-inc-loss-submission-form/?id=127833&from=4CLASS PERIOD: February 28, 20 ...

Shareholders That Lost Money on Sun Communities, Inc. (SUI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More ...

NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Sun Communities, Inc. ("Sun Communities, Inc." or the "Company") (NYSE: SUI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sun Communities, Inc. investors who were adversely affected by alleged securities fraud between February 28, 2019 and September 24, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1 ...

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the "Class Period"), of the important February 10, 2025 lead plaintiff deadline.So what: If you purchased Sun Communities securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arran ...

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Sun Communities, Inc. (NYSE: SUI).Shareholders who purchased shares of SUI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/sun-communities-inc-loss-submission-form/?id=127259&from=4 CLASS PERIOD: February 28, 20 ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 04, 2025 (GLOBE NEWSWIRE) --  The Portnoy Law Firm advises Sun Communities, Inc. ("Sun Communities, Inc." or the "Company") (NYSE: SUI) investors of a class action representing investors that bought securities between February 28, 2019 and September 24, 2024, inclusive (the "Class Period"). Sun Communities, Inc. investors have until February 10, 2025 to file a lead plaintiff motion. Investors are enco ...