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Sun Communities (SUI) investor relations material

Sun Communities Citi’s Miami Global Property CEO Conference 2026 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Citi’s Miami Global Property CEO Conference 2026 summary2 Mar, 2026

Opening remarks and business transformation

  • 2025 marked a transformational year with the sale of marinas, simplifying the business and strengthening the balance sheet.

  • Reduced leverage led to credit upgrades and over $1.5 billion returned to shareholders.

  • Focus is now on core manufactured housing (MH) and annual RV businesses, which show strong fundamentals and high occupancy.

  • Strategy centers on disciplined capital allocation, operational optimization, and strategic investment in communities and digital infrastructure.

  • Leadership emphasizes building on existing strengths and culture, with a focus on thoughtful, team-oriented change.

Digital transformation and data strategy

  • Recent ERP implementation provides greater data access, enabling transparency and targeted decision-making.

  • Efforts underway to build a unified digital backbone, including new booking channels and centralized contact centers.

  • Data-driven marketing and revenue management are improving efficiency and guest experience, especially in RV operations.

  • Ongoing investment in data architecture aims to enhance operational efficiency and long-term value.

  • AI adoption is currently focused on buying and partnering, with future plans to build capabilities as data infrastructure matures.

Portfolio performance and outlook

  • Annual RV segment saw a tempered 4% rent increase in 2025, prioritizing retention and resulting in strong renewal pace.

  • Net leasing of annual sites added 600 in 2025, with similar expectations for 2026.

  • Transient RV revenue is stabilizing after prior declines, with guidance for a smaller decrease in 2026.

  • Strategic asset dispositions and conversions have led to a balanced and healthy RV portfolio.

Quantify expected ROI from digital backbone investment
Prioritize capital use given current market conditions
How will HUD code changes impact MH supply/design?
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Q1 20265 May, 2026
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Frequently asked questions

Homes for recreation

Sun Communities is a Canadian real estate investment trust (REIT) that owns and operates over 200 manufactured home communities. They have developed more than 400 properties into appealing communities since Milton M. Shiffman started the company in 1975. Today, they have a mix of recreational vehicles (RV), marinas, and mobile homes, representing over 60 percent of their portfolio.

Sun Communities were listed on the New York Stock Exchange in 1993.

People who are interested in Sun Communities are usually curious about the following companies: Essex Property Trust, Equity LifeStyle Properties, and Equity Residential.

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