Sun Communities, Inc.
With boomers hitting retirement without big nest eggs, mobile home real estate investment trusts (REITs) like Equity Lifestyle Properties (NYSE: ELS), Sun Communities (NYSE: SUI), and UMH Properties (NYSE: UMH) are worth keeping an eye on.
In the Movies
Television shows and movies often depict mobile home parks as scary places filled with destitute and disreputable characters. While there are certainly such places, it's far more common to find more »
Value never goes out of fashion, both for equity investing and for purchasing or renting a home. In terms of housing choices, manufactured homes are much more affordable than single family site-built homes or apartments. When it comes to investing, manufactured housing REITs’ defensiveness in the form of low turnover rates and limited overbuilding risks remains very attractive to value investors. Sun Communities (NYSE: SUI), a REIT that owns and more »
Anything automatic or predictable seem to be impossible to find lately. I certainly can't predict the political landscape and decision making, nor did I predict the Super Bowl matchup--Baltimore Ravens and San Fransisco 49ers--really?
Two stocks that have been automatic in my portfolio, for you dividend lovers, are Prospect Capital Corp (NASDAQ: PSEC) and Sun Communities Corp (NYSE: SUI). One pays a quarterly dividend of $.63 and the other more »
Saturday Night Live’s hilarious bit about a motivational speaker’s “high-class” living accommodations brought some laughs, although it was no place that we would want to call home. Fortunately, the rebounding U.S. economy and slow rise in new hiring is allowing more people to avoid that fate and join the ranks of homeowners. In December, the U.S. Census Bureau reported that sales of new single-family homes reached more »