SUN Communities Inc. SUI

What this company does

Sun Communities owns manufactured housing (MH) and recreational vehicle (RV) communities in the United States, Canada, and the UK, and self-administers, self-manages, operates, or holds an interest in, and develops the majority of its properties, with a number of communities operated by independent third-party contractors under management agreements. As of December 31, 2025, it owned and operated, directly or indirectly, or had an interest in, a portfolio of 513 developed properties located in the U.S., Canada, and the UK, including 294 MH communities, 166 RV communities, and 53 UK communities. It employed an aggregate of 3,614 full and part time employees as of December 31, 2025. Following the Safe Harbor Sale, it revised its reporting structure from a four-segment to a three-segment structure, consisting of MH communities, RV communities, and communities in the UK. An MH community is a residential subdivision with sites for the placement of manufactured homes and related improvements and amenities, designed to offer affordable housing to individuals and families while providing lifestyle amenities. An RV community is a resort with sites for the placement of RVs for varied lengths of time, in certain cases including vacation rental homes, designed to offer affordable vacation opportunities to individuals and families complemented by amenities such as restaurants, golf courses, swimming pools, and tennis courts. In the UK, homeowners occupy a pitch at one of its properties through a site fee license arrangement, and it sells new and pre-owned homes to current and prospective customers and provides vacation opportunities to individuals and families. Together with its affiliates and predecessors, Sun Communities has been in the business of operating, acquiring, developing, and expanding MH and RV communities since 1975, and communities in the UK since 2022.

Written from the business description in SUN COMMUNITIES, INC's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.