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REIT Comments |
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07/26/2010
SUI $28
Sun Communities SUI expected to report positive results for 2Q 2010 tomorrow before market opening
SUI previous guidance for FFO for 2010 indicated potential for 4% growth that may be exceeded
SUI results for 1Q 2010 better than expected, with higher sales of manufactured homes as well as increase in average monthly rent for manufactured home communities
SUI sales of manufactured homes to benefit from extension of first time homebuyers tax credit to closings through September 2010
SUI a Specialty REIT with a portfolio of manufactured home communities
SUI we rank 2 BUY
SUI market cap $591 million
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