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Sun Communities (BSP:S2UI34) Fixed Rate Debt (USD Mil) : 0.00 (As of . 20)


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What is Sun Communities Fixed Rate Debt (USD Mil)?

In the railway industry, Fixed Rate Debt (USD Mil) is the debt for which the company pays the same level of interest over its entire term to its creditor.

The historical rank and industry rank for Sun Communities's Fixed Rate Debt (USD Mil) or its related term are showing as below:

Sun Communities Fixed Rate Debt (USD Mil) Historical Data

The historical data trend for Sun Communities's Fixed Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sun Communities Fixed Rate Debt (USD Mil) Chart


Sun Communities  (BSP:S2UI34) Fixed Rate Debt (USD Mil) Explanation

Fixed Rate Debt (USD Mil) is the debt for which the company pays the same level of interest over its entire term to its creditor. An investor who wants to earn a guaranteed interest rate for a specified term could purchase a fixed-rate bond from a REIT. Then the REIT would use the money to invest in real estate and relative investment vehicles , which generate income such as rent, interest on mortgages that could be distributed to its creditor as a fixed interest.

A fixed rate debt, with no doubt, is part of a company's liabilities. With a higher level of debt, the REIT has to pay a higher amount of interest each period but will also be able to invest in more profitable real estate projects.

Sun Communities Fixed Rate Debt (USD Mil) Related Terms

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Sun Communities (BSP:S2UI34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sun Communities Inc (BSP:S2UI34) » Definitions » Fixed Rate Debt (USD Mil)
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Traded in Other Exchanges
SUI:USA SCZ:Germany
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Website
https://www.suncommunities.com
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.

Sun Communities (BSP:S2UI34) Headlines

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