Sun Communities appoints Ileana McAlary as General Counsel and Executive Vice President, effective June 29, 2026.
Quiver AI Summary
Sun Communities, Inc. announced the appointment of Ileana McAlary as General Counsel, Executive Vice President, and Secretary, effective June 29, 2026. CEO Charles D. Young expressed enthusiasm about her strategic and governance expertise, which he believes will significantly benefit the company's growth and stakeholder value. McAlary joins from SpartanNash, where she held a senior legal role, and has previously worked with other major companies including Wolverine Worldwide, Meijer, and Amway Corporation. She is committed to supporting the company's mission of expanding accessible and affordable housing opportunities. Sun Communities, as of March 31, 2026, operates a portfolio of 515 properties across the U.S., Canada, and the U.K.
Potential Positives
- The appointment of Ileana McAlary as General Counsel and Executive Vice President strengthens the leadership team with her extensive experience in legal, compliance, and governance, which is vital for the company’s strategic priorities.
- Ms. McAlary's prior role at SpartanNash included overseeing critical functions such as compliance and government affairs, indicating her capability to enhance corporate governance and operational rigor at Sun Communities.
- Her commitment to expanding accessible and affordable housing opportunities aligns with the company's mission, potentially reinforcing its reputation and stakeholder relationships.
- The addition of a proven leader signals the company's focus on long-term value creation and strategic initiatives, which could positively impact investor confidence and stakeholder trust.
Potential Negatives
- The announcement of a new General Counsel may indicate previous legal challenges or governance issues that necessitated a strategic hire to bolster the company's compliance and legal strategy.
- The inclusion of a cautionary statement about forward-looking statements highlights potential risks and uncertainties that could impact the Company's future performance, suggesting a level of instability.
- The need for a new executive to support the Company’s growth and strategic initiatives might imply previous shortcomings in management performance or strategic execution.
FAQ
Who is Ileana McAlary?
Ileana McAlary is the newly appointed General Counsel, Executive Vice President, and Secretary of Sun Communities, effective June 29, 2026.
What prior experience does Ileana McAlary have?
Ms. McAlary has extensive experience in legal and governance roles, previously serving at SpartanNash and Wolverine Worldwide.
What is Sun Communities?
Sun Communities, Inc. is a real estate investment trust (REIT) that owns and operates manufactured housing and recreational vehicle communities.
What are Sun Communities' strategic priorities?
Sun Communities focuses on expanding accessible and affordable housing opportunities while maximizing value for stakeholders.
How many properties does Sun Communities own?
As of March 31, 2026, Sun Communities owned or operated 515 developed properties across the U.S., Canada, and the U.K.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SUI Insider Trading Activity
$SUI insiders have traded $SUI stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $SUI stock by insiders over the last 6 months:
- FERNANDO CASTRO-CARATINI (EVP, CFO, Sec. & Treas.) has made 0 purchases and 2 sales selling 23,750 shares for an estimated $2,955,280.
- CLUNET R LEWIS has made 0 purchases and 2 sales selling 7,000 shares for an estimated $952,518.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SUI Revenue
$SUI had revenues of $507.9M in Q1 2026. This is an increase of 8.02% from the same period in the prior year.
You can track SUI financials on Quiver Quantitative's SUI stock page.
You can access data on SUI stock through the Quiver Quantitative API.
$SUI Hedge Fund Activity
We have seen 242 institutional investors add shares of $SUI stock to their portfolio, and 305 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 2,018,226 shares (+18.9%) to their portfolio in Q1 2026, for an estimated $254,215,746
- COHEN & STEERS, INC. added 2,003,645 shares (+19.9%) to their portfolio in Q1 2026, for an estimated $252,379,124
- VANGUARD GROUP INC removed 1,624,979 shares (-8.9%) from their portfolio in Q4 2025, for an estimated $201,351,147
- NORGES BANK removed 1,240,223 shares (-16.9%) from their portfolio in Q4 2025, for an estimated $153,676,031
- CAPITAL INTERNATIONAL INVESTORS removed 882,808 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $111,198,495
- JANE STREET GROUP, LLC removed 877,465 shares (-93.1%) from their portfolio in Q1 2026, for an estimated $110,525,491
- WELLINGTON MANAGEMENT GROUP LLP added 803,048 shares (+15.9%) to their portfolio in Q1 2026, for an estimated $101,151,926
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SUI Price Targets
Multiple analysts have issued price targets for $SUI recently. We have seen 10 analysts offer price targets for $SUI in the last 6 months, with a median target of $142.5.
Here are some recent targets:
- Brad Heffern from RBC Capital set a target price of $149.0 on 06/05/2026
- James Feldman from Wells Fargo set a target price of $142.0 on 05/29/2026
- Richard Hightower from Barclays set a target price of $147.0 on 05/22/2026
- Anthony Hau from Truist Securities set a target price of $141.0 on 05/05/2026
- Steve Sakwa from Evercore ISI Group set a target price of $144.0 on 04/29/2026
- Haendel St. Juste from Mizuho set a target price of $143.0 on 03/31/2026
- An analyst from Zelman & Assoc set a target price of $127.75 on 03/16/2026
Full Release
Southfield, MI, June 22, 2026 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) and recreational vehicle (“RV”) communities (collectively, the “properties”), today announced the appointment of Ileana McAlary as General Counsel, Executive Vice President, and Secretary, effective June 29, 2026.
“We are thrilled to welcome Ileana to Sun Communities,” said Charles D. Young, Chief Executive Officer. “She is a proven leader who brings a unique combination of strategic counsel, operational rigor, mergers and acquisitions expertise, and public company governance expertise that will be invaluable as we continue to execute on our strategic priorities. We are confident Ileana will make an immediate impact on our leadership team and help drive long-term value for our stakeholders.”
An experienced enterprise legal and governance executive, Ms. McAlary joins Sun Communities from SpartanNash (Nasdaq: SPTN), a Fortune 400 food solutions company, where she served as Executive Vice President, Chief Legal and Compliance Officer, and Corporate Secretary. In that role, she led the company’s legal, compliance, government affairs, aviation, and food safety and quality assurance functions.
“I am honored to join Sun Communities and look forward to working with the leadership team, Board of Directors, and all team members to support the Company’s continued growth, strategic initiatives, and commitment to maximizing value for all stakeholders including our team members, residents, guests, and shareholders,” said Ms. McAlary. “I share the Company’s deep commitment to expanding accessible and affordable housing opportunities, and I look forward to contributing to that mission in my new role.”
Earlier in her career, Ms. McAlary served as Vice President, Associate General Counsel and Compliance Officer at Wolverine Worldwide (NYSE: WWW) and held senior legal roles at Meijer and Amway Corporation.
Ms. McAlary earned her J.D. from Wayne State University Law School and holds a B.A. in International Relations and Business from Grand Valley State University. She is a member of the State Bar of Michigan.
About Sun Communities, Inc.
Sun Communities, Inc. is a REIT that, as of March 31, 2026, owned, operated, or had an interest in a portfolio of 515 developed properties comprising approximately 179,300 developed sites in the United States, Canada, and the United Kingdom.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This press release contains various “forward-looking statements” within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), and the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the Company intends that such forward-looking statements will be subject to the safe harbors created thereby. For this purpose, any statements contained in this press release 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,” “intend,” “goal,” “estimate,” “expect,” “project,” “projections,” “plans,” “predicts,” “potential,” “seeks,” “anticipates,” “should,” “could,” “may,” “will,” “designed to,” “foreseeable future,” “believe,” “scheduled,” “guidance,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. These forward-looking statements reflect the Company’s current views with respect to financial results and performance and future events, but involve known and unknown risks, uncertainties and other factors, both general and specific to the matters discussed in or incorporated herein, some of which are beyond the Company’s control. These risks, uncertainties and other factors may cause the Company’s actual results to be materially different from any future results expressed or implied by such forward-looking statements. Details of potential risks that may affect the Company are described in the Company’s periodic reports filed with the U.S. Securities and Exchange Commission, including in the “Risk Factors” section in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and in its Current Report on Form 8-K filed on May 21, 2026.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements included or incorporated by reference into this document, whether as a result of new information, future events, changes in the Company’s expectations or otherwise, except as required by law.
Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. All written and oral forward-looking statements attributable to the Company or persons acting on the Company’s behalf are qualified in their entirety by these cautionary statements.
For Further Information:
Sun Communities Investor Relations Team
[email protected]
(248) 208-2500
www.suninc.com