# SUN COMMUNITIES INC (SUI) — capital_return/buyback_authorization [pending]
Source: SEC API (secapi.ai) · situation sit_9e8ce8e2170602877362 · retrieved 2026-08-11T16:13:21.566Z

## Overview
Sun Communities, Inc. is a real estate investment trust (REIT) that owns and operates manufactured housing (MH) and recreational vehicle (RV) communities in North America and the United Kingdom.

Sun Communities, Inc. entered into an agreement to sell all outstanding equity of its UK subsidiaries (Park Holidays) for a base consideration of £785.7 million (approximately $1.04 billion USD). The transaction is subject to customary locked-box adjustments and requires regulatory approval from the UK Financial Conduct Authority. Closing is expected in the second half of 2026. The company recorded a $1.1 billion non-cash valuation allowance in Q2 2026 to reduce the UK business assets to estimated fair value less costs to sell, reflecting the classification as a discontinued operation.

## Terms
- Deal value: $1.04B · Consideration: cash · Stake: 100%

## Key dates
- Announced 2026-07-27 · Expected close 2026-12-31

## Timeline
- 2026-07-27 · 8-K (0000912593-26-000231): 8-K - SUN COMMUNITIES INC — *Sun Communities, Inc. is a real estate investment trust (REIT) that owns and operates manufactured housing (MH) and recreational vehicle (RV) communities in North America and the United Kingdom.* Sun Communities, Inc. entered into an agreement to sell all outstanding equity of its UK subsidiaries (Park Holidays) for a base consideration of £785.7 million (approximately $1.04 billion USD). The transaction is subject to customary locked-box adjustments and requires regulatory approval from the UK Financial Conduct Authority. Closing is expected in the second half of 2026. The company recorded a $1.1 billion non-cash valuation allowance in Q2 2026 to reduce the UK business assets to estimated fair value less costs to sell, reflecting the classification as a discontinued operation.
  https://www.sec.gov/Archives/edgar/data/912593/0000912593-26-000231.txt

## Citations
- 0000912593-26-000231 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000091259326000231