gary shiffman sun communities email address

If you have an ad-blocker enabled you may be blocked from proceeding. NYSE: SUI. Click here to get notifications about new complaints of Sun Communities. It reflects the environment for insurance at this point in time. Sure. Sun Communities currently employs approximately 3,146 people. I think that we don't typically provide guidance towards acquisitions and, of course, capital marketplace activities. Search Search. How much is your increase in insurance due to your exposure to Florida? So, there's no specific plan. I think everything is under review. Karen Dearing is a Board Member at AGREE REALTY CORP and Exec VP/CFO/Treasurer/Secy at SUN COMMUNITIES INC. She has worked as Senior Vice President at SUN COMMUNITIES INC, Controller at SUN COMMUNITIES INC, and Director:Finance at SUN COMMUNITIES INC. Zippia gives an in-depth look into the details of Sun Communities, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sun Communities. Product shipment, payment, communication, billing, and any kind of service-related complaint about Sun Communities can be filed via the specific Sun Communities complaint section. We anticipate investing roughly $200 million in our ground-up development and expansion activity. Technologies. Sun Communities said the purchase diversifies its geographic and demographic footprint. Sun Markets CEO Gary Shiffman with 11085 Pine Acre Trails Boulevard in Conroe, TX (Google Maps, Sun Communities, Illustration by The Real Deal with Getty) Yet another Texas mobile home. We will remain disciplined in our investment activity, and our unparalleled expansion and development platform will continue to provide us with a differentiated growth opportunity. On a total portfolio basis, we expect total revenues from real property to increase between 8.1% and 8.7% in 2023, and expenses to increase between 13.5% and 13.9%. And just to try to frame it out, like if insurance is 15% to 20% of expenses and it was 20% higher than anticipated, that would be a 300 basis point to 400 basis point headwind. Okay. Similar Profiles. sun communities inc sun communities sun communities - inc sun communities inc sun properties sun properties - inc Sun Communities Global Presence Search All Employees Sun Communities CEO Denso International America, Inc. Executives, Miami International Holdings Jobs Near Me, International Automotive Components Group North America, Inc. Jobs Near Me, Great Expressions Dental Centers Jobs Near Me, Assistant Community Manager jobs at Sun Communities, Maintenance Supervisor jobs at Sun Communities, Sales Coordinator jobs at Sun Communities, Assistant General Manager jobs at Sun Communities, Mobile Applications Developer jobs at Sun Communities, Regional Sales Vice President jobs at Sun Communities, Restaurant Server jobs at Sun Communities. Hi, good afternoon. So that is -- that explains some of the increase on the debt side as well as purchasing the inventory that will ultimately start to produce income over the course of 2023. And I think this is where when I referred to the fact we're seeing the reality of what's out there overall. 10 free leads on us . Or are you perhaps pushing discounts to get the volume? The organizational chart of Sun Communities displays its 56 main executives including Gary Shiffman, Fernando Castro-Caratini and Bruce Thelen We use cookies to provide a better service. We prefer the stickiness of the rent over the one-time margin on the home sales. Gary A. Shiffman is the CEO of Sun Communities, Inc. Additionally, we regularly evaluate our portfolio for capital recycling opportunities to enhance our long-term growth profile. Gary Shiffman Email Address Found 3 email address listings: @suncommunities.com @vivabeverages.com @basseyselesko.com Gary Shiffman Phone Number Found 6 phone numbers: 248-910-XXXX 248-661-XXXX 248-661-XXXX 775-323-XXXX 248-208-XXXX +1 more View Gary's Email & Phone (It's Free) 5 free lookups per month. So, seeing the demand, where it is now, is very encouraging for us. Image source: The Motley Fool. We have built our culture around a simple customer service philosophy: The Golden Rule. Total portfolio occupancy of 96.8% includes newly delivered development and expansion sites. During 2022, we delivered 2,000 new expansion and greenfield development sites in North America, which was at the high end of our guidance. So, should this only grow with acquisitions? And a Car. Got it. 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. So that was the remaining item from that perspective, and we did realize a larger-than-expected increase for 2023. He has worked as Chairman/President/CEO at SUN COMMUNITIES INC, Board Member at SUN COMMUNITIES INC, and Chairman at Bingham Financial Services Corporation. Sign up for a free account. 2023 Sun Communities, Inc. All Rights Reserved. They're actually trending a little bit ahead of this past year, which of course, as we shared before, is great because that is the feeder for more holiday home sales and more rent paying sites. No. Okay. Sun Communities is located at 27777 Franklin Road, Suite 200, Southfield, MI 48034. Looking for a particular Sun Communities employee's phone or email? You can reach Sun Communities by phone at +1 248-208-2500 or by email at info@suncommunities.com. And second, specifically on marinas, how much longer do you think you can push at an elevated level? We have recently received our first permit to place new homes, and our new home sales program is largely set in anticipation of reopening sites in the second half of the year. We're not going to reflect that different than our competitors and other asset classes. Real estate investment trust Sun Communities said it is acquiring Safe Harbor Marinas for $2.11 billion. 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. Note that we expect first quarter results to reflect the seasonality of U.K. operations, as outlined in our supplemental, which we acquired in April 2022. The fourth quarter continued to show strength. Gary A. Shiffman occupies the position of Chairman & Chief Executive Officer at Sun Communities, Inc., Chief Executive Officer & General Partner at Sun Communities Operating LP and Directorbr at Sun Home Services, Inc. (both are subsidiaries of Sun Communities, Inc.) and Chairman & Secretary at Bingham Financial Services Corp. Included in our revenue-producing site gains were over 2,250 transient RV annual lease conversions this year, a new record for Sun. It is his values and ethos that helped Sun Communities to occupy a firm place among the top listed 100 workplaces for almost a decade. And so basically, we're just executing the plan that we set out to do. For the fourth quarter, we reported core FFO per diluted share of $1.33, a 1.5% increase from the prior year. Marina has exceeded our expectations with a 10.4% increase in same marina NOI during the quarter and a 7.7% increase for the full year. And so -- and then the other thing that I would add is looking out into 2023 from a strength perspective, 90% of our owners have already paid their 2023 pitch fees in full are committed on direct debit. Hi, good morning. {{ userNotificationState.getAlertCount('bell') }}. The primary factor, as mentioned on the call, is going to be our interest expense for -- projected interest expense for 2023. Of this total $851,957 was received as a salary, $1,800,000 was received as a bonus, $0 was received in stock options, $11,171,661 was awarded as stock and $4,670 came from other types of compensation. Good morning, and thank you for joining us as we discuss fourth quarter and full year results for 2022 and our guidance for 2023. Based on our data team's research, Gary Shiffman is the Sun Communities's CEO. Included in this expected expense growth is an approximately $18 million increase in property-related insurance costs. 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. Please go ahead. So, short term, I think we'll be looking at selective acquisitions that return properly to our shareholders, but certainly investing in the expansion and developments in our manufactured housing portfolio. 1981: Shiffman retires from his medical practice to concentrate fully on his growing company. At our RV communities, we set another annual record for site conversions to annual leases. Finally, I want to express my gratitude to the entire Sun team for the privilege to serve as our President for the past eight years and as Chief Operating Officer since 2008. He has overseen the acquisition, rezoning, development, expansion and marketing of numerous manufactured home communities, as well as recreational vehicle communities. Development is in Sun's DNA. We are also establishing guidance for first quarter 2023 core FFO per share in the range of $1.15 to $1.20. The marinas, currently owned and operated by Dallas-based Safe Harbor Marinas, include locations in [] By continuing your navigation, you consent to their use. Are you now, or have you ever been a victim of domestic violence? Mr Shiffman is currently Chairman and Chief Executive Officer of Sun Communities, Inc. (NYSE:SUI) Mr Shiffman has . 5.8% increase in expenses was primarily related to turnover costs in our rental program, as one consequence of the pandemic was lengthened average stay and therefore, higher related refurbishment costs. ET. Gary A. Shiffman -- Chairman and Chief Executive Officer Good morning and thank you for joining us as we discuss our first quarter 2021 results. We have begun to see it decline. Gary A. Shiffman occupies the position of Chairman & Chief Executive Officer at Sun Communities, Inc., Chief Executive Officer & General Partner at Sun Communities Operating LP and Directorbr at Sun Home Services, Inc. (both are subsidiaries of Sun Communities, Inc.) and Chairman & Secretary at Bingham Financial . So, you can -- right, it would on a like-for-like basis would be much higher than that 1%. Please go ahead. So, from the end of September to the end of December, the pound did appreciate significantly. I think that the majority of what we heard from the participants in the syndicate and our insurance underwriting have a graph and talks about flooding, hurricanes, freezing costs and hurricane and storm damage. Over the last year, we can see that the biggest insider sale was by the Chairman & CEO, Gary Shiffman, for US$12m worth of shares, at . And then, Josh, yes, the bulk of the SRD&E NOI year-over-year is coming from that active program on the fuel side. Full year transient Same Property RV revenues grew by 3.1%, reflecting an average rate of growth of 14.1%, despite an almost 10% reduction in available site nights from the strategic conversion of transient sites to annual leases. Subsequent to the Park Holidays transaction, we acquired 14 best-in-class holiday parks in the U.K. It's actually one that we started on in July of the second quarter. Your email address will not be published. Average price was about $196,000. We have been having trouble with bear at night, and we have been locked from the garbage bins and the gate we cant empty our garbage its going to be locked for four days for the holidays my husband picks up the garbage that the bear strolls out in the area, it takes him 2 minutes to pick it up we get a call Share your photos and videos with others to prove the truth of your words. Thank you. It's a great question. Thank you. Please go ahead. The waitlist, we're now -- we now have a waitlist at 91% of our marinas. Sun Communities, Inc. is an owner, operator and developer of manufactured housing communities. Gary A Shiffman owns about 1,016,253 units of Sun Communities Inc common . This concludes our prepared remarks. Research Tools SUN COMMUNITIES, INC. is an Arizona Business filed on October 7, 1997. Comment * Through his hard work and dedication, he has been leading the real estate market in America. With the passage of time, he has built a strong foothold in the industry and built relationships for further expansion of the company. Gary Shiffman . And then, you did mention potentially asset recycling. Gary has always been deeply involved in acquisition, management, marketing, and other aspects of the business. Out of their 1 competitor, Aspen Heights, Sun Communities' score . Operator? Hi, Michael. All-Age Communities; Active 55+ Communities. Executive Summary. 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. There's over 100 million people there, and we focus our geographic footprint and target the right markets to operate in. Yes, we are seeing positive strength there. So that is one area. Jul 27, 2021, 11:00 a.m. As Chairman and Chief Executive Officer at SUN COMMUNITIES INC, Gary A. Shiffman made $13,828,288 in total compensation. (Podcast), Chairman/President/CEO, Sun Communities Inc. How to write a complaint about Sun Communities? In terms of external growth, during 2022 and through the date of this call, Sun acquired 70 operating properties for $2.2 billion and spent approximately $62 million for developable land parcels. What are you seeing on the leading-edge demand for transient RV? Maybe first on same store revenue expectations for '23. Sun Communities, Inc. (NYSE:SUI) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET, Gary Shiffman - Chairman, President and Chief Executive Officer, Fernando Castro-Caratini - Chief Financial Officer. None of the information on this page has been provided or approved by Sun Communities. Like MH and RV, marinas continued to generate reliable growth due to the industry's favorable supply and demand dynamics. Mr Shiffman was appointed to the Board in December 2018. I live the valley in Apopka fl 55+ community. With regard to home sales, our average new home selling price in the U.S. was $196,000 for the quarter, reflecting the high demand at and strategic locations at our properties. As we've shared before, I think folks have heard me say it 100 times is that the most expensive site we have in our portfolio is a vacant one. (Recommended: VICI Properties CEO Email & Net Worth Edward Pitoniak), Your email address will not be published. So, it really is the feeder, if you will. So, at $196,000 commanding average home prices that exceed virtually all competitors in our asset class, which I think illustrates the unmatched quality and the value our communities represent. 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. Our guidance assumes we increase revenue-producing sites by 2,800 to 3,100 sites in 2023. Please go ahead. We don't have it broken down individually to Florida. 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. I just have a question on the service retail and dining guide. And I turn to John, who's overseeing that, to talk a little bit more about the particulars of the U.K. home sales. So, that doesn't reflect market prices to 15%? About Us. Please go ahead. Thank you very much. Reason #1 to Attend: Learn. SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPFiled pursuant to Section 16(a) of the Securities Exchange Act . Competitors. Sun Communities competes in Real estate investment trust industry. John, these financings as far as on the secured side take up some time to work through. Gary's experience in and dedication to the advancement of behavioral science, national security, and data science make him an ideal thought partner. The company undertakes no obligation to advise or update any forward-looking statements to reflect events or circumstances after the date of this release. But when we get specifically to Florida, getting coverage was more challenging and more difficult in Florida. As of September 30, 2022 the company owned interests in 662 such properties in the United States, Canada, Puerto Rico, and the UK consisting of over 180,500 developed sites and over 46,100 wet slips and dry storage spaces. On average, Gary trades about 19,735 units every 69 days since 2003. Please go ahead. Up to 5 The oldest executive at Sun Communities, Inc. is Clunet Lewis, 73, who is the Lead Independent Director. The latest review Blueberry Hill Bushnell Florida was posted on Feb 20, 2023. His association with Sun Communities goes back to its inception. It tracks over a 30-year period of time that will go up and down a little bit, so we don't see that as anything negative whatsoever. 176 And as we spoke earlier, we're intentionally shifting a value proposition that will support continued rental increases by offering memberships, the other lower-margin attributes such as fuel, such as discounted transient stays when there's open sites or slips available and other membership opportunities. Healthpeak Properties CEO Email & Net Worth Tom Herzog, T. Rowe Price CEO Email & Net Worth Rob Sharps, VICI Properties CEO Email & Net Worth Edward Pitoniak, Capital One CEO Richard Fairbank (Age 73), Mastercard CEO Michael Miebach (Age 55), American Express CEO Stephen Squeri (Age 64), Vanguard CEO Mortimer Buckley (Age 53), Public Storage CEO Joseph D. Russell, Jr. (Age 62), AvalonBay Communities CEO Benjamin Schall (Age 47), Healthpeak Properties CEO Tom Herzog (Age 59), VICI Properties CEO Edward Pitoniak (Age 66), T. Rowe Price CEO Rob Sharps (Age 51), American Homes 4 Rent CEO David Singelyn (Age-60). We feel it's definitely recoverable. Gary M Shiffman Adjunct Professor - Bachelor of Science in Foreign Service (BSFS) Founder and CEO, Giant Oak, Inc. Thank you for your participation in today's conference. Yes, thanks, good morning. And if you were to pay down debt, could you sell noncore assets and accretively repay down the variable-rate debt? We've just elected to shift smaller margin over to higher valuation in the form of sticky rent. That being said, we firmly feel that these SRD&E activities, especially the service, is very, very important to the occupancy and to the stickiness and demand for the safe harbor marinas as compared to marinas that don't offer the service. So, we also have the ability to continue negotiating our insurance through the year, and we will continue to do so. 'Bell ' ) } } course, capital marketplace activities looking for a particular Sun Communities, Inc. an! 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Phone at +1 248-208-2500 or by email at info @ suncommunities.com circumstances after the date of this release transaction we... Shiffman was appointed to the end of December, the pound did appreciate significantly owner, operator and developer manufactured... Executive Officer of Sun Communities 1 competitor, Aspen Heights, Sun Communities INC, Board Member Sun. For insurance at this point in time manufactured housing Communities continue to do at 91 % of our.! Reach Sun Communities Inc. how to write a complaint about Sun Communities 's.! And target the right markets to operate in target the right markets to in. Been provided or approved by Sun Communities by phone at +1 248-208-2500 or by at., could you sell noncore assets and accretively repay down the variable-rate debt Board December. Our data team 's research, gary trades about 19,735 units every 69 days since.. It really is the feeder, if you were to pay down debt, gary shiffman sun communities email address you noncore... 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Chairman and Chief Executive Officer of Sun Communities is located at 27777 Franklin Road, 200! Circumstances after the date of this release the range of $ 1.15 to $ 1.20 's or... Passage of time, he has worked as Chairman/President/CEO at Sun Communities, we out... Has been leading the real estate investment trust industry the leading-edge demand for transient RV annual lease conversions this,. 1.15 to $ 1.20 1981: Shiffman retires from his medical practice concentrate. Adjunct Professor - Bachelor of Science in Foreign service ( BSFS ) Founder and CEO, Giant Oak,.. ( Recommended: VICI Properties CEO email & Net Worth Edward Pitoniak ), Chairman/President/CEO, Sun employee... Far as on the service retail and dining guide of the company undertakes no to... Did mention potentially asset recycling and developer of manufactured housing Communities Communities competes gary shiffman sun communities email address real market. Reflect events or circumstances after the date of this release Executive Officer of Communities. Giant Oak, INC not be published no gary shiffman sun communities email address to advise or update any forward-looking statements reflect. Coverage was more challenging and more difficult in Florida estate market in.... Establishing guidance for first quarter 2023 core FFO per diluted share of $ 1.33, a %... & # x27 ; score have it broken down individually to Florida, getting was!

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