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Sun Communities- (SUI)-operates a real estate investment trust (REIT). The company owns, operates, and develops manufactured housing communities concentrated in the midwestern and southeastern United States. As of December 31, 2007, it owned and operated a portfolio of 136 properties located in 18 states, including 124 manufactured housing communities, 4 recreational vehicle communities, and 8 properties containing both manufactured housing and recreational vehicle sites. Sun Communities was founded in 1975 and is headquartered in Southfield, Michigan. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.
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