Sun Communities Inc (NYSE: SUI) is a real estate investment trust that owns and operates manufactured housing and recreational vehicle communities across the U.S., Canada, and the UK. It makes money by collecting site lease income from residents and guests occupying developed sites within its communities, on both long-term annual and short-term transient bases. As of December 31, 2025, SUI owned or had an interest in 513 developed properties containing 178,650 developed sites, including 294 manufactured housing communities, 166 RV communities, and 53 UK communities operated under its Park Holidays brand. The portfolio spans 100,150 developed MH sites, 33,330 annual RV sites, 23,550 transient RV sites, 17,750 UK annual sites, and 3,870 UK transient RV sites. Headquartered at 27777 Franklin Road, Suite 300, Southfield, Michigan, SUI employed 3,614 full and part-time employees as of December 31, 2025.

Revenue model

Site lease income from manufactured housing residents on long-term leases, annual and seasonal usage rights for RV sites, and transient RV site rentals. UK communities operated under the Park Holidays brand generate additional annual and transient site revenue.

Products and services

Manufactured housing community sites, annual RV sites, seasonal RV usage rights, transient RV sites, UK holiday park sites (Park Holidays brand).

Customers and end markets

Manufactured housing residents occupying long-term sites, RV owners holding annual or seasonal usage rights, transient RV travelers, and UK holiday park guests.

Value-chain role

Property owner and operator of manufactured housing and RV communities. Directly manages site leasing, property operations, and guest services across its portfolio.

Geographic exposure

United States, Canada, and United Kingdom. UK operations are headquartered in Bexhill-on-Sea, East Sussex, under the Park Holidays brand. U.S. operations are managed from Southfield, Michigan, with regional property management offices throughout the U.S.

Source: SEC 10-K, filed 2026-02-25

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