Claim: In 1996 Sun Communities acquired 25 manufactured housing communities for $226 million, and made a bid to buy Chateau Properties Inc. for $370 million and as of June 30, 2020, it owned interest in 426 communities in the US and Canada.
Evidence: In March 1996, the company acquired 25 manufactured housing communities for $226 million. In August 1996, the company made a hostile bid to buy Chateau Properties Inc. for $370 million in stock. As of June 30, 2020, the company owned interests in 426 such communities in the United States and Canada consisting of nearly 143,000 sites.