Residential REIT
I would like to add another residential REIT to my portfolio in the near future. The classics like Mid American Apartments $MAA (-0.03%) Camden $CPT (-0.44%) Essex Property $ESS (-0.32%) AvalonBay $AVB (-0.34%) and Sun Communities $SUI (+0%) have already been looked at and I also have a favorite. My question to you would therefore be whether you know of any other stocks in this area that tend to fly under the radar and can provide both positive and negative feedback.
The price target is $136.50 and the stock is covered by 14 analysts.
Buy
8
Hold
6
Sell
0
Sun Communities, Inc. is a fully integrated real estate investment trust (REIT). The Company owns manufactured housing (MH) and recreational vehicle (RV) communities and marinas in the United States, the United Kingdom, and Canada. The Company operates through four segments: MH communities, RV communities, Marinas, and communities in the United Kingdom (UK). The MH communities segment offers affordable housing to individuals and families, while also providing certain amenities. The RV communities offers affordable vacation opportunities to individuals and families with various amenities. The Marinas offers wet slip and dry storage space leases, end-to-end services, fuel sales and other amenities. The UK segment owns, operates, develops, or has an interest in, a portfolio of communities, referred to as holiday parks, and is in the business of acquiring, operating, and developing communities in the United Kingdom. The Company owns and operates portfolio of 665 developed properties.
