gary shiffman sun communities email address

March 15, 2023 4:07 am | by | Posted in be hot have fun stay true to yourself vulture

Sun Communities is a publicly traded real estate investment trust that invests in manufactured housing communities, recreational vehicle resorts, and marinas. Sun Communities, Inc. is a REIT that, as of October 30, 2020, when it completed its acquisition of Safe Harbor Marinas, LLC, owned, operated, or had an interest in a portfolio of 532 properties . As the Chairman of the Board of Sun Communities, the total compensation of Gary Shiffman at Sun Communities is $7,969,260. He is a member of our Executive Committee. We are doing work that matters - connecting customers with businesses around the world and help them resolve issues and be heard. I'll now turn the call over to Gary Shiffman, Chairman, President and Chief Executive Officer. That is an increase of about 300 basis points over 2022. Your email address will not be published. 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. The most-recent trade in Sun Communities Inc is the acquisition of 129,486 shares on August 16, 2021, which cost Gary A Shiffman around $26 Million. Factors and risks that could cause actual results to differ materially from expectations are detailed in yesterday's press release and, from time to time, in the company's periodic filings with the SEC. The second area is certainly funding the development costs so that we can generate the high returns and create value for the stakeholders by increasing our manufactured housing portfolio. So, should this only grow with acquisitions? Included in this expected expense growth is an approximately $18 million increase in property-related insurance costs. And I think it's reflected by the fact that we now have a waiting list in 80% of our marinas. Your Same Property NOI is growing 4.9% to 5.9%, yet your guidance is calling for earnings to be down in 2023. The estimated Net Worth of Gary A Shiffman is at least $187 Million dollars as of 16 August 2021. We are also establishing guidance for first quarter 2023 core FFO per share in the range of $1.15 to $1.20. We feel it's definitely recoverable. We have built our culture around a simple customer service philosophy: The Golden Rule. Read more Brian Hermelin Board Member C Clunet Lewis 2200 West Wilson Street and 6154 Mission Boulevard in Riverside County with Sun Communities CEO Gary Shiffman (Sun Communities, Google Maps, Illustration by The Real Deal) Mobile home REIT Sun Communities has bought two complexes in Riverside County for $40 million. Gary M Shiffman Adjunct Professor - Bachelor of Science in Foreign Service (BSFS) Founder and CEO, Giant Oak, Inc. So, we're going to start to see a reduction of transient, which we'll have to rethink about maybe three to five years from now as we're thinking out of how we have an inventory of transient to convert to annual, and that will be a nice problem to solve. And as we've shared, again, that today, one of the areas that I think differentiates Sun and gives us the greatest opportunity is the ability to create new ground-up developments and expand our manufactured housing portfolio. Where This Score Ranks Sun Communities' CEO Rating BOTTOM 35% In the Bottom 35% of 2023 Similar Sized Companies on Comparably 2nd Thank you. We've also taken advantage of the fact that our assets that are still under secured financing or still have mortgages, because of their strong performance, we're able to borrow up on existing financings and did a $311 million one that closed between December and January over the course of the last couple of months. His association with Sun Communities goes back to its inception. For the year, Sun reported core FFO per diluted share of $7.35, a 12.9% increase from 2021. At this time, management would like me to inform you that certain statements made during this call, which are not historical facts, may be deemed forward-looking statements within the meanings of the Private Securities Litigation Reform Act of 1995. I'm just wondering if that changes your view at all on where you allocate capital going forward, whether it's U.K., Midwest or some other markets where it may alleviate some of these factors. In addition, he makes $7,969,260 as Chairman of the Board at Sun Communities. Hi, good afternoon. We've done over $2.2 billion of IG unsecured bonds with that public market. Like is there a way to kind of recover it kind of over the long term? And third, of course, is that difficult economies often turn up opportunities, and we are looking at a number of opportunities from all of the different platforms. So, it's more back to normal, I think. In 2023, we expect total Same Property NOI across manufactured housing, RV and marinas to increase between 4.9% and 5.9%. Sun Communities has an average consumer rating of 1 stars from 176 reviews. There are no executives at Sun Communities getting paid more. Our next question is from the line of Steve Sakwa with Evercore ISI. Ms. Dearing served as our Chief Financial Officer, Treasurer and Secretary from 2008 - 2022. Looking ahead, we have a solid development and expansion pipeline that can deliver accretive growth for years to come as well as the proven skill set and platform to sustain our growth. Gary Shiffman . 10 free leads on us . And so, our expectation is a more normalized year-over-year transient growth. Find contact information for Sun Communities. 176 Importantly, we expect our G&A as a percentage of revenue to decline this year. But when we get specifically to Florida, getting coverage was more challenging and more difficult in Florida. 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. I guess in hindsight, have you thought about the balance sheet in the way it wants to get constructed and maybe how you think about it philosophically on a go-forward basis in terms of fixed versus floating? And as we've talked about before, our business is really about reliable growth because of the strong demand and short supply. With regard to external growth, since acquiring Park Holidays in April 2022, we have focused on integration as well as being very selective in our approach to acquisitions. I will now turn the call over to John and Fernando to speak to our results and guidance in detail. I don't want anyone to think of it as a loss leader, because it's not a loss leader. Sun Communities raise the rent and by Sun Communities raise the rent by 4.5% every year until it become unaffordable living in one of their 55 y/old trailer park. But as John mentioned or maybe I mentioned during -- in my section of the script, we are expecting another very strong year of conversions from transient sites to annual leases. Gary Shiffman and the Sun Communities leadership team are scored a C by 31 employees placing it in the Bottom 40% of companies sized 1,001-5,000 Employees on Comparably. Sun Communities CEO Gary Shiffman believes that clients and employees are the greatest assets of a company. 1975: Milton M. Shiffman begins acquiring manufactured housing communities. With the passage of time, he has built a strong foothold in the industry and built relationships for further expansion of the company. Sure. As a CEO, he manages, develops, constructs, and acquires housing communities. Got it. SUN COMMUNITIES, INC. is an Arizona Business filed on October 7, 1997. The company's principal address is . As we look at our -- as we look strategically at the portfolio, and Gary mentioned in his remarks, right, we can -- we look at our investment program and ground-up development and expansion, we will be able to practically self-fund our investment activity in 2023, are selectively looking at opportunities on the capital recycling front, there's a couple of assets here and there, that over time can also reduce variable-rate debt. Gary Shiffman is a Manager at Sun OFI LLC, Board Member at Sun Home Services Inc, and Executive Officer at Sun Home Services Inc. Total portfolio occupancy of 96.8% includes newly delivered development and expansion sites. You can see the complete history of Mr. Shiffman stock trades at the bottom of the page. free lookups / month. GARY A. SHIFFMAN, agent; GARY SHIFFMAN, director; JOHN B MCLAREN, president; KAREN J DEARING, treasurer; KAREN J DEARING, secretary The company's filing status is listed as Appointed 08/05/2005 and its File Number is F08203384. Caucasian employees are most confident in their Executive Team. Gary A. Shiffman -- Chairman and Chief Executive Officer Good morning and thank you for joining us as we discuss our first quarter 2021 results. In terms of capital markets activity, during and subsequent to quarter end, we completed a $311 million add-on to an existing secured financing with a weighted average interest rate of 4.6%. And then, taking a step back, so if we think about your -- both your real property, excluding transient and transient on a like-for-like basis, if we exclude your transient conversion expectations for '23, where would the numbers shake out, both on excluding transient, then transient as a whole, right? Maybe a follow-up on that in terms of the development sites. So really, in summary, our strategy is well balanced, we believe, across all stakeholders, including our residents that live in well-maintained communities and create value in their homes. We don't have it broken down individually to Florida. Is that the main reason the service retail dining and entertainment NOI is declining year-over-year? Or has something kind of shifted in the model a bit? We always appreciate the opportunity to have these calls and speak about the business. Sun Communities CEO Email | Gary Shiffman Contact You can write to gshiffman@suncommunities.com to connect with the real estate investment firm's CEO. We relocated as many people as possible to other properties, including our team members in the area. If you're not automatically redirected, please click here. At our RV communities, we set another annual record for site conversions to annual leases. Are you now, or have you ever been a victim of domestic violence? 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