The Return of Vacations Has Been Great News for This REIT

·4 min read

Sun Communities (NYSE: SUI) -- the owner of RV parks, marinas, and manufactured home communities -- had a strong second quarter of 2021, all thanks to the impact of roaming remote workers and vacationers. Sun Communities reported that revenue for Q2 was up 99% to $603.9 million. Net income was up 88% year over year (YOY) to $110.8 million, or $0.98 per diluted common share.

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