$SUI (SUN COMMUNITIES) — 8-K: Sun Communities closes Park Holidays sale for $1.03 billion, becomes pure-play North American MH and RV REIT

Sun Communities received approximately $1.03 billion in net cash consideration from the sale of its UK assets, including Park Holidays, to Panther Bidco Limited, an affiliate of Aermont Capital. Proceeds are expected to be used primarily to repurchase shares, pay down debt and for general corporate purposes. Year-to-date through September 21, 2026, the company repurchased approximately 3.5 million shares for approximately $425 million. Sun expects to update its full-year 2026 outlook on its third quarter 2026 earnings call.

Sun Communities received approximately $1.03 billion in net cash consideration from the sale of its UK assets, including Park Holidays, to Panther Bidco Limited, an affiliate of Aermont Capital. Proce