ADDED
Management's Discussion and Analysis of Financial Condition and Results of Operations 23 Item 7A.
Form 10-K Summary 48 Exhibits 49 Signatures 52 Index to the Consolidated Financial Statements and Financial Statement Schedules F - 1 SUN COMMUNITIES, INC.
We own manufactured housing ("MH") and recreational vehicle ("RV") communities in the United States ("U.S."), Canada, and the UK (together with MH and RV, the "properties").
In addition, we sell new and pre-owned homes to current and prospective customers, and provide vacation opportunities to individuals and families complemented by high-quality amenities.
As of December 31, 2025, we owned and operated, directly or indirectly, or had an interest in, a portfolio of 513 developed properties located in the U.S., Canada, and the UK, including 294 MH communities, 166 RV communities, and 53 UK communities.
As of December 31, 2025, the properties contained an aggregate of 178,650 developed sites comprised of 100,150 developed MH sites, 33,330 annual RV sites (inclusive of both annual and seasonal usage rights), 23,550 transient RV sites, 17,750 UK annual sites, and 3,870 UK transient RV sites.
Our Park Holidays principal office is located in Bexhill-on-Sea, East Sussex, UK.
We employed an aggregate of 3,614 full and part time employees as of December 31, 2025.
SAFE HARBOR SALE From 2020 through 2024, we were in the business of operating, acquiring, developing, and expanding marinas through our Safe Harbor Marinas, LLC subsidiary ("Safe Harbor").
In February 2025, we entered into a definitive agreement to sell Safe Harbor for an aggregate purchase price of approximately $5.65 billion, subject to certain adjustments (the "Safe Harbor Sale").
REMOVED
Management's Discussion and Analysis of Financial Condition and Results of Operations 48 Item 7A.
Form 10-K Summary 78 Exhibits 79 Signatures 82 Index to the Consolidated Financial Statements and Financial Statement Schedules F - 1 SUN COMMUNITIES, INC.
We own manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas in the United States ("U.S."), Canada, and the UK (marinas and, together with MH and RV, the "properties").
The majority of our marinas are concentrated in coastal regions and offer wet slip and dry storage space leases, end-to-end service (such as routine maintenance, repair, and winterization), fuel sales, and other high-end amenities.
These services and amenities offer convenience and resort-quality experiences to our members and guests.
As of December 31, 2024, we owned and operated, directly or indirectly, or had an interest in, a portfolio of 645 developed properties located in the U.S., Canada, and the UK, including 288 MH communities, 166 RV communities, 138 marinas, and 53 UK communities.
As of December 31, 2024, the properties contained an aggregate of 225,150 developed sites comprised of 97,430 developed MH sites, 32,100 annual RV sites (inclusive of both annual and seasonal usage rights), 24,830 transient RV sites, 17,690 UK annual sites, 4,340 UK transient RV sites, and 48,760 wet slips and dry storage spaces.
Additionally, we own or control land to support developing and expanding nearly 16,570 additional MH and RV sites suitable for development.
We also have principal offices in Dallas, Texas, and in Bexhill-on-Sea, East Sussex, UK.
We employed an aggregate of 6,590 full and part time employees as of December 31, 2024.