Michigan-based Sun Communities, a real estate investment trust (REIT) that owns and operates, or has an interest in, manufactured housing and RV communities and marinas, did not incur any material building or structure damage as a result of Hurricane Helene.
The company has access to all its properties, and assessments are still in the early stages. Clean-up and restoration efforts are underway at all affected communities and marinas. At this time, the company said it does not expect Hurricane Helene to have a significant impact on operating results or financial condition.
“The safety and well-being of our residents, guests and team members is our top priority. Our Preparedness Plan and experienced team has enabled a quick response to the storm and put us in a position to swiftly bring our properties back to full operation,” said Gary Shiffman, chairman and CEO. “Our people are our strength, and we could not be prouder of them. They lead by example and set the standard in post-storm support. Our thoughts continue to be with all those impacted by Hurricane Helene.”
