Carefree Communities

(June 10, 2016) — At closing, the company issued the seller $225 million in shares of the company’s common stock at an issuance price of $67.57 per share and paid the balance of the purchase price, or $1.455 billion, in cash.

(March 29, 2016) — The fifth Annual Carefree’s Got Talent (CGT) competition finale drew nearly 1,800 Carefree Community residents to the Lakeland Center in Lakeland, Fla., on March 23, and raised $33,243 to support Disabled American Veterans (DAV).

(March 23, 2016) — Sun Communities has entered into an agreement to acquire Carefree Communities from Centerbridge Capital Partners II, L.P. and its related entities in a transaction for cash and SUI shares as consideration.

(March 23, 2016) — Sun Communities has entered into an agreement to acquire Carefree Communities from Centerbridge Capital Partners II, L.P. and its related entities in a transaction for cash and SUI shares as consideration.

(Nov. 11, 2015) — Sun-N-Fun Carefree RV Resort and Campground in Sarasota, Fla., was named Mega Park of the Year by the National Association of RV Parks and Campgrounds (ARVC) during its annual hospitality conference held Nov. 2-6, in Daytona Beach, Fla.

(July 22, 2015) — Sherkston Shores and General Coach Canada introduced The Black Diamond Edition, a new line of luxury, contemporary park model homes exclusive to Sherkston Shores. The Black Diamond Edition offers style and comfort for buyers looking for a summer retreat with million dollar views and amenities.

(June 26, 2015) — Carefree Communities, Inc., owner and operator of over 100 manufactured home communities and RV resorts has successfully re-launched a new responsive website in wake of Google’s recent ranking algorithm, it announced in a press release.

(May 1, 2015) — Carefree Communities, Inc., owner and operator of over 100 manufactured home communities and RV resorts is further expanding its presence in the Florida market with the acquisition of Central Park, a Polk County manufactured home and RV community in Haines City, Fla.

(April 30, 2015) — Napp talks about the biggest changes he has seen in the campground business, as well as trends he’s noticing in the outdoor hospitality industry as well. He identifies several underserviced areas in the campground segment of the RV industry, such as finding investment dollars and land to create more RV parks. There are a number of things the campground industry can do to better reach its potential for customers and for investors, and he outlines how social media is a campground’s absolute best friend for maintaining a community of campers all year round.

(April 9, 2015) — Carefree Communities has just wrapped up its 4th annual Carefree’s Got Talent competition. The company said it is extremely excited to announce that during the event it was able to donate $25,000 to Disabled American Veterans (DAV).

(March 18, 2015) — The winners of Carefree’s Got Talent (CGT) amateur talent competitions, which were held at 29 different Carefree Communities across Florida, will gather in Lakeland on March 24, 2015 for a statewide finale competition.

(Nov. 11, 2014) — Carefree Communities has acquired Vedder Communities, a privately held, family-owned company that owns and operates eighteen manufactured home communities with 4,530 sites in California.

(Aug. 12, 2014) — “Bennett is not only a strategic thinker but we were impressed with his relaxed personality, enthusiasm and passion which match perfectly with Carefree’s values and culture,” added Edwards.

(Jan. 22, 2014) — The properties currently have approximately 3,000 RV sites with the capacity to expand to over 4,250 sites. Ten of the 13 properties are located on lakes and offer scenic waterfront sites and outdoor recreational amenities and activities.

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