Sun Communities : Sun Communities, Inc. Announces Acquisition of Ten Recreational Vehicle Communities, Closing of New Credit

     Sun Communities : Sun Communities, Inc. Announces Acquisition of Ten
  Recreational Vehicle Communities, Closing of New Credit Facility and 2013

Karen J. Dearing
Chief Financial Officer
(248) 208-2500

Southfield, MI, February  13, 2013 -  Sun Communities, Inc.  (NYSE: SUI)  (the 
"Company"), a real  estate investment  trust ("REIT") that  owns and  operates 
manufactured housing  and  recreational vehicle  communities,today  announced 
that,  on  February  8,  2013,  it  acquired  ten  (10)  recreational  vehicle 
communities, personal property  and other associated  intangibles from  Gwynns 
Island RV Resort LLC, Indian Creek RV  Resort LLC, Lake Laurie RV Resort  LLC, 
Newpoint RV Resort LLC, Peters Pond RV Resort Inc., Seaport LLC, Virginia Tent
LLC, Wagon Wheel Maine LLC, Westward Ho RV Resort LLC and Wild Acres LLC  (the 
"Contributors") for an  aggregate purchase price  of $111,475,000 (subject  to 
adjustments and prorations). The purchase price was paid by cash in an  amount 
necessary to  pay off  all existing  secured debt  (other than  the  Company's 
January 2, 2013 secured loan to four of the Contributors and one affiliate  of 
the Contributors  which was  assumed  in the  transaction)  and a  portion  of 
Contributors' mezzanine debt and the balance of which was paid by the issuance
to the Contributors of  approximately $4 million of  newly created Series  A-3 
Preferred  Units  of  Sun  Communities  Operating  Limited  Partnership.   In 
connection with this transaction, the Company also purchased certain  cottages 
and homes located in the communities for an additional $1,321,750.

The acquired communities, three  of which are located  in Maine, two of  which 
are located in Virginia and the other communities are located in  Connecticut, 
Massachusetts, New Jersey, Ohio and  Wisconsin, are comprised of nearly  3,700 
sites of which approximately 40 percent are filled with recreational  vehicles 
under annual rental contracts. 

"While currently under managed and in need of immediate capital  improvements, 
these "Class A" locations afford us a unique opportunity to enhance  long-term 
growth through  application of  our  existing management  expertise,  superior 
reservation systems and  marketing programs and  provide us entry  into a  new 
geographic footprint," said  Gary A.  Shiffman, Chairman  and Chief  Executive 
Officer. "The  acquired  portfolio  provides economies  of  scale  and  cross 
marketing opportunities from  North to  South when combined  with our  current 
recreational vehicle holdings, and tempers seasonality of our revenues as  the 
majority of  these communities  have seasons  that run  from May  -  September 
rather than the traditional October - April," Shiffman added.

The Company  also announced  that,  on February  6,  2013, it  borrowed  $61.5 
million from Bank of Montreal, as lender and administrative agent, secured  by 
first priority liens on  all of the Company's  equity interests in certain  of 
its subsidiaries that directly or indirectly own twenty (20) manufactured home
or recreational vehicle  communities. This debt  currently bears interest  at 
LIBOR plus 1.50% and matures on August 6, 2013 but, at the Company's election,
the maturity  date may  be extended  for  an additional  six (6)  months  upon 
compliance with certain conditions.

Inclusive of the acquisitions  announced above, the  Company expects that  its 
Funds from Operations will be in the range of $3.45 - $3.55 per diluted  share 
and OP unit for the year ending December 31, 2013. Additional information and
assumptions underlying this guidance will be further detailed in our  upcoming 
fourth quarter 2012 earnings release.

Sun Communities, Inc. is a REIT  that currently owns and operates a  portfolio 
of 183 communities comprising approximately 67,381 developed sites.   

               For more information about Sun Communities, Inc.
              visit our website at   

Forward Looking Statements

This press release  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  the Company intends  that such  forward-looking 
statements  will   be   subject  to   the   safe  harbors   created   thereby. 
Forward-looking statements can be identified  by words such as "will,"  "may," 
"could," "expect,"  "anticipate,"  "believes," "intends,"  "should,"  "plans," 
"estimates," "approximate", "guidance" and  similar expressions in this  press 
release that predict  or indicate  future events and  trends and  that do  not 
report historical matters.

These forward-looking  statements reflect  the  Company's current  views  with 
respect to  future events  and financial  performance, but  involve known  and 
unknown risks, uncertainties, and other factors, some of which are beyond  our 
control. These risks, uncertainties,  and other factors  may cause the  actual 
results of the  Company to  be materially  different from  any future  results 
expressed or  implied  by  such forward-looking  statements.  Such  risks  and 
uncertainties include  national, regional  and  local economic  climates,  the 
ability to  maintain rental  rates and  occupancy levels,  competitive  market 
forces, changes in market rates of interest, the ability of manufactured  home 
buyers to obtain financing,  the level of  repossessions by manufactured  home 
lenders and  those  risks  and uncertainties  referenced  under  the  headings 
entitled "Risk Factors" contained in our Form 10-K for the year ended December
31, 2011, andthe  Company's other  periodicfilings with  the Securities  and 
Exchange Commission.

The forward-looking statements contained in  this press release speak only  as 
of the  date hereof  and the  Company expressly  disclaims any  obligation  to 
provide public  updates,  revisions  or amendments  to  any  forward-  looking 
statements made  herein  to  reflect changes  in  the  Company's  assumptions, 
expectations of future events, or trends.


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The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Sun Communities via Thomson Reuters ONE
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