Sun Communities names Mark Patten as CFO effective January 2026

Sun Communities Inc. (NYSE: SUI) announced Mark E. Patten will join the company as chief financial officer effective January 5, 2026. Patten will replace Fernando Castro-Caratini, who will transition to an advisory role.

Patten currently serves as executive vice president, chief financial officer and treasurer at Essential Properties Realty Trust Inc. (NYSE: EPRT). He brings more than 35 years of experience in senior finance roles across real estate investment trusts and professional services. His previous positions include CFO at CTO Realty Growth Inc. (NYSE: CTO) and Alpine Income Property Trust Inc. (NYSE: PINE), as well as senior vice president and chief accounting officer at CNL Hotels & Resorts Inc. He was previously a partner at KPMG and holds a Bachelor of Science in Accounting from the University of Florida.

"We are delighted to welcome Mark to our leadership team," said Charles Young, Sun Communities' chief executive officer. "His REIT experience, financial and capital markets expertise, and proven track record make him an excellent addition as we advance our strategic and financial priorities and focus on driving sustainable growth."

Castro-Caratini has served as CFO for almost a decade. "After almost a decade at the company and having made significant progress on our strategy and balance sheet, this feels like the appropriate time to step aside," Castro-Caratini said.

Sun Communities is a REIT that as of September 30, 2025, owned, operated or had an interest in 501 developed properties comprising approximately 174,680 developed sites in the United States, Canada and the United Kingdom. The company focuses on manufactured housing and recreational vehicle communities.

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