---
schema_version: "secwatch.filing_event.v1"
accession: "0000912593-25-000164"
form_type: "8-K"
ticker: "SUI"
cik: "0000912593"
company_name: "SUN COMMUNITIES INC"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T15:52:39.531857+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sun closes Safe Harbor sale for ~$5.25B net; redeems $900M notes, authorizes $1B buyback, special $4 dividend

## Summary
- Initial closing of Safe Harbor sale to Blackstone affiliate; net cash proceeds ~$5.25B.
- Redemption of all $500M 5.5% notes due 2029 and $400M 5.7% notes due 2033 on May 10, 2025.
- Board authorized $1B stock repurchase program expiring April 30, 2026.
- Special one-time cash distribution of $4.00/share payable May 22, 2025 to record May 14, 2025.
- Plans to increase quarterly distribution ~10.6% to $1.04/share; expects annualized interest savings ~$160M.

## SEC filing metadata
- accession: 0000912593-25-000164
- form_type: 8-K
- ticker: SUI
- cik: 0000912593
- company_name: SUN COMMUNITIES INC
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- confidence: high
- sec_items: 2.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912593/000091259325000164/0000912593-25-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912593/000091259325000164/sui-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912593-25-000164
- JSON: https://secwatch.observer/filing/0000912593-25-000164.json
- Plain text: https://secwatch.observer/filing/0000912593-25-000164.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.