SUN COMMUNITIES, INC. (NYSE:SUI) Files An 8-K Regulation FD DisclosureItem 7.01Regulation FD Disclosure
Attached as Exhibit 99.1, and incorporated by reference, to this report is an investor presentation of Sun Communities, Inc. that will be made available to investors beginning on September 6, 2017. The presentation also will be posted on Sun Communities, Inc.'s website, www.suncommunities.com, on September 6, 2017.
The information contained in this Item 7.01 on Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended.
This report contains various “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and we intend that such forward-looking statements will be subject to the safe harbors created thereby. For this purpose, any statements contained in this filing that relate to expectations, beliefs, projections, future plans and strategies, trends or prospective events or developments and similar expressions concerning matters that are not historical facts are deemed to be forward-looking statements. Words such as “forecasts,” “intends,” “intend,” “intended,” “goal,” “estimate,” “estimates,” “expects,” “expect,” “expected,” “project,” “projected,” “projections,” “plans,” “predicts,” “potential,” “seeks,” “anticipates,” “anticipated,” “should,” “could,” “may,” “will,” “designed to,” “foreseeable future,” “believe,” “believes,” “scheduled,” "guidance" and similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain these words. These forward-looking statements reflect our current views with respect to future events and financial performance, but involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this filing. These risks and uncertainties may cause our actual results to be materially different from any future results expressed or implied by such forward-looking statements. In addition to the risks disclosed under “Risk Factors” contained in our Annual Report on Form 10-K for the year ended December 31, 2016 and our other filings with the SEC from time to time, such risks and uncertainties include but are not limited to:
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changes in general economic conditions, the real estate industry and the markets in which we operate; |
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difficulties in our ability to evaluate, finance, complete and integrate acquisitions, developments and expansions successfully; |
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our liquidity and refinancing demands; |
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our ability to obtain or refinance maturing debt; |
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our ability to maintain compliance with covenants contained in our debt facilities; |
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availability of capital; |
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changes in foreign currency exchange rates, specifically between the U.S. dollar and Canadian dollar; |
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our ability to maintain rental rates and occupancy levels; |
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our failure to maintain effective internal control over financial reporting and disclosure controls and procedures; |
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increases in interest rates and operating costs, including insurance premiums and real property taxes; |
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risks related to natural disasters; |
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general volatility of the capital markets and the market price of shares of our capital stock; |
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our failure to maintain our status as a REIT; |
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changes in real estate and zoning laws and regulations; |
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legislative or regulatory changes, including changes to laws governing the taxation of REITs; |
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litigation, judgments or settlements; |
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competitive market forces; |
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the ability of manufactured home buyers to obtain financing; and |
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the level of repossessions by manufactured home lenders. |
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. We undertake no obligation to publicly update or revise any forward-looking statements included in this filing, whether as a result of new information, future events, changes in our expectations or otherwise, except as required by law.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. All written and oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by these cautionary statements.
Item 9.01Financial Statements and Exhibits
(d)Exhibits.
99.1Investor Presentation
SUN COMMUNITIES INC ExhibitEX-99.1 2 a2q2017ipdraftvfinal.htm EXHIBIT 99.1 INVESTOR PRESENTATION a2q2017ipdraftvfinal INVESTOR PRESENTATION
SEPTEMBER 2017
WILDWOOD COMMUNITY – SANDWICH,…To view the full exhibit click here
About SUN COMMUNITIES, INC. (NYSE:SUI)
Sun Communities, Inc. (SHS) is a self-administered and self-managed real estate investment trust (REIT). The Company operates in two segments: Real Property Operations, and Home Sales and Rentals. The Real Property Operations segment owns, operates and develops manufactured housing (MH) and recreational vehicle (RV) throughout the United States and is in the business of acquiring, operating and expanding MH and RV communities. Real Property Operations include several home options of various sizes and designs and consist of MH communities and RV communities. The Home Sales and Rentals segment offers manufactured home sales and leasing services to tenants and prospective tenants of its communities. It is engaged in the marketing, selling and leasing of new and pre-owned homes to residents in its communities. It has regional property management offices located in Austin, Texas; Dayton, Ohio; Grand Rapids, Michigan; Traverse City, Michigan; Ft. Myers, Florida, and Orlando, Florida. SUN COMMUNITIES, INC. (NYSE:SUI) Recent Trading Information
SUN COMMUNITIES, INC. (NYSE:SUI) closed its last trading session down -0.24 at 90.90 with 462,513 shares trading hands.