SEC Filings

424B5
SUN COMMUNITIES INC filed this Form 424B5 on 05/28/2019
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Table of Contents

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This prospectus and the documents incorporated by reference herein contain various “forward-looking statements” within the meaning of the Securities Act of 1933, as amended, or the Securities Act, and the Exchange Act, 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 prospectus and the documents incorporated by reference herein 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 prospectus and the documents incorporated by reference herein. 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 described under “Risk Factors” above and in our Annual Report on Form 10-K for the year ended December 31, 2017, and other filings we make with the SEC from time to time, such risks and uncertainties include:

 

   

changes in general economic conditions, the real estate industry and the markets in which we operate;

 

   

difficulties in our ability to evaluate, finance, complete and integrate acquisitions, developments and expansions successfully;

 

   

our liquidity and refinancing demands;

 

   

our ability to obtain or refinance maturing debt;

 

   

our ability to maintain compliance with covenants contained in our debt facilities;

 

   

availability of capital;

 

   

changes in foreign currency exchange rates, specifically between the U.S. dollar and Canadian dollar;

 

   

our ability to maintain rental rates and occupancy levels;

 

   

our failure to maintain effective internal control over financial reporting and disclosure controls and procedures;

 

   

increases in interest rates and operating costs, including insurance premiums and real property taxes;

 

   

risks related to natural disasters such as hurricanes, earthquakes, floods and wildfires;

 

   

general volatility of the capital markets and the market price of shares of our capital stock;

 

   

our failure to maintain our status as a REIT;

 

   

changes in real estate and zoning laws and regulations;

 

   

legislative or regulatory changes, including changes to laws governing the taxation of REITs;

 

   

litigation, judgments or settlements;

 

   

competitive market forces; and

 

   

the ability of manufactured home buyers to obtain financing; and

 

   

the level of repossessions by manufactured home lenders.

 

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