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On the Record · SUN Communities

SUN Communities acquisitions, on the record

The businesses SUN Communities bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
one MH community with 68 sites and 72 development sites
Word for word“During the year ended December 31, 2023, we acquired one MH community with 68 sites and 72 development sites, and one marina with 24 wet slips and dry storage spaces, for a total purchase price of approximately $107.0 million.” 10-K for 2023
acquisitionDuring the year ended December 31, 2023approximately $107.0 million
one marina with 24 wet slips and dry storage spaces
Word for word“During the year ended December 31, 2023, we acquired one MH community with 68 sites and 72 development sites, and one marina with 24 wet slips and dry storage spaces, for a total purchase price of approximately $107.0 million.” 10-K for 2023
acquisitionDuring the year ended December 31, 2023approximately $107.0 million
one MH community located in Maine, with 155 sites
Word for word“During the year ended December 31, 2023, we sold one MH community located in Maine, with 155 sites for $6.8 million.” 10-K for 2023
divestitureDuring the year ended December 31, 2023$6.8 million
two parcels of land in the UK
Word for word“In addition, we sold two parcels of land in the UK for total consideration of $111.5 million, which primarily consisted of $108.8 million in the form of an operator note receivable and subsequently reacquired these two parcels of land at fair value as part of the settlement of the related note receivable, with no remeasurement gain or loss recognized.” 10-K for 2023
divestiture—total consideration of $111.5 million
Safe Harbor Sale
Word for word“RISKS RELATED TO THE SAFE HARBOR SALE • The Safe Harbor Sale may not be completed on the anticipated timeline or at all, which could adversely affect our business plans and financial condition.” 10-K for 2024
agreed divestiture——
10 MH properties, 13 RV properties, two UK properties, and three MH development properties
Word for word“During the year ended December 31, 2024, we sold 10 MH properties, 13 RV properties, two UK properties, and three MH development properties with an aggregate of 6,526 sites for a gross sale price of approximately $476.8 million, and received total cash consideration of approximately $326.7 million, net of settlement of the associated mortgage debt of $93.5 million.” 10-K for 2024
divestitureDuring the year ended December 31, 2024approximately $326.7 million
three marinas and three marina expansion assets
Word for word“We also selectively acquired three marinas and three marina expansion assets with an aggregate of 925 wet slips and dry storage spaces for an aggregate purchase price of approximately $63.8 million.” 10-K for 2024
acquisition—approximately $63.8 million
25 properties and three development properties
Word for word“During the year ended December 31, 2024, we sold 25 properties and three development properties for a total gross sales price of $476.8 million and commenced an internal restructuring initiative.” 10-K for 2024
divestitureDuring the year ended December 31, 2024total gross sales price of $476.8 million
25 communities located in the U.S, Canada, and the U.K.
Word for word“During the year ended December 31, 2024, we sold 25 communities located in the U.S, Canada, and the U.K., with 6,526 sites for $426.6 million.” 10-K for 2024
divestitureDuring the year ended December 31, 2024$426.6 million
three development properties in the U.S.
Word for word“In addition, we sold three development properties in the U.S. for total consideration of $50.2 million.” 10-K for 2024
divestiture—$50.2 million
10 MH properties, 17 RV properties, two UK properties, and three MH development properties
Word for word“During and subsequent to the year ended December 31, 2024, we sold 10 MH properties, 17 RV properties, two UK properties, and three MH development properties with an aggregate of 7,341 sites for a gross sale price of approximately $569.7 million, and received total cash consideration of approximately $419.3 million, net of settlement of the associated mortgage debt of $93.5 million.” 10-K for 2024
divestitureDuring and subsequent to the year ended December 31, 2024approximately $569.7 million
Safe Harbor Marinas business
Word for word“Completed the disposition of the Safe Harbor Marinas business for an aggregate purchase price of $5.65 billion .” 10-K for 2025
divestiture—$5.65 billion
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2020-12-31$1.95 billion$428.1 million
2021-12-31$1.65 billion$36.8 million
2022-12-31$2.21 billion$516 million
2023-12-31$47.2 million—
2024-12-31$22.1 million$200,000
2025-12-31$461.7 million—

Deal filings since 2016

Read from SUN Communities’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.