Core Viewpoint - Sun Communities, Inc. has appointed Mark E. Patten as Chief Financial Officer, effective January 5, 2026, succeeding Fernando Castro-Caratini, who will move to an advisory role [1][3]. Group 1: Appointment Details - Mark E. Patten joins Sun Communities from Essential Properties Realty Trust, where he served as Executive Vice President, CFO, and Treasurer [2]. - Patten has over 35 years of experience in senior finance leadership roles within the REIT and professional services sectors, including previous positions at CTO Realty Growth and Alpine Income Property Trust [2]. - He holds a Bachelor of Science in Accounting from the University of Florida [2]. Group 2: Leadership Transition - Charles Young, CEO of Sun Communities, expressed enthusiasm about Patten's appointment, highlighting his REIT experience and financial expertise as vital for advancing the company's strategic priorities [3]. - Fernando Castro-Caratini acknowledged his nearly decade-long tenure at Sun and expressed pride in the company's achievements, indicating a smooth transition to Patten [3]. Group 3: Company Overview - As of September 30, 2025, Sun Communities owned, operated, or had an interest in 501 developed properties, comprising approximately 174,680 developed sites across the United States, Canada, and the United Kingdom [4].
Sun Communities Announces Chief Financial Officer Transition