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Stock Market & Financial Investment News

News Breaks
January 3, 2013
17:38 EDTSUISun Communities acquires two properties for $102.6M
Sun Communities announced that it acquired two properties, Palm Creek Golf & RV resort and Lake in Wood. The two properties contain approximately 2,288 sites for a stated purchase price of $102.6M. The company acquired Palm Creek Golf & RV and related improvements, personal property and associated intangibles for $70.4M and a contiguous parcel of land being developed to add approximately 990 vehicle, or 500 manufactured housing sites, for $15M. The aggregate purchase price of $88M includes the reimbursement of $2.6M for construction costs. The company assumed $41.7M of mortgage debt secured by the community. Lake in Wood was purchased for $14.6M paid in cash.
News For SUI From The Last 14 Days
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October 30, 2014
08:10 EDTSUISun Communities sees FY14 EPS $3.36-$3.40, consensus $3.42
Sees FY14 revenue midpoint of $265.1M, up 6.4% from FY13.
08:09 EDTSUISun Communities sees Q4 FFO 67c-71c, consensus 80c
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08:07 EDTSUISun Communities reports Q3 FFO 96c, consensus 89c
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