Sun Communities, Inc. (SUI) Announces New $2 Billion Revolving Credit Facility

With significant revenue and dividend growth, Sun Communities, Inc. (NYSE:SUI) makes our list of the 20 Best Stocks to Buy and Hold for a Lifetime.

Leading Residential REIT Sun Communities, Inc. (NYSE:SUI) announced a new $2 billion revolving credit facility on September 22, 2025, to replace its previous $3.05 billion deal that was scheduled to mature in April 2026. The new facility permits borrowings in USD, Euros, Canadian dollars, and Australian dollars, with margins varying from 0% to 1.4% depending on the loan type. It has a maturity date of January 31, 2030, with potential six-month extensions. At closing, there were no outstanding borrowings.

This comes after Charles D. Young, Sun Communities, Inc. (NYSE:SUI)’s new CEO, was given a $1 million stock reward as a perk for joining on October 1, 2025. By supporting continued operations, possible acquisitions, and expansion plans throughout its portfolio of manufactured home and RV communities, the new credit arrangement increases the company’s financial flexibility.

A real estate investment trust (REIT), Sun Communities, Inc. (NYSE:SUI) owns or manages 501 developed properties with around 174,450 units throughout the United States, Canada, and the United Kingdom. It is one of the best stocks to buy.

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