SEC Filings
Sun Communities Booked A $78.9 Million Tax Asset From Its UK Sale, Then Wrote All Of It Off
The UK exit left tax-loss carryforwards the company has fully reserved against, while buybacks took a large share of the cash.
Sun Communities (SUI) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
SEC Filings
The UK exit left tax-loss carryforwards the company has fully reserved against, while buybacks took a large share of the cash.
Earnings
CFO Bob Garachana said the core business is growing well, but full 2027 guidance waits until fourth-quarter results in February.
Earnings
Charles Young would not say whether the rental-home program will shrink, but said his outside view sees room for change.
SEC Filings
The landlord sold Park Holidays for about $1.03 billion net, is spending the proceeds mainly on buybacks, and guided 2027 rent gains above 2026's.
Deals
The real estate investment trust issued 283,126 Series M Preferred Units at $100 each to the seller rather than paying cash for the acquisition.