Sun Communities Highlights Growth and Leadership Changes in Latest Investor Presentation
Reuters
Dec 02
Sun Communities Highlights Growth and Leadership Changes in Latest Investor Presentation
Sun Communities Inc. (NYSE: SUI) has released an investor presentation highlighting its performance and operational strategy as a leading owner and operator of manufactured housing and recreational vehicle communities. The company reported a strong track record of net operating income (NOI) growth, with average annual same property NOI growth of 5.2% since 2000, outperforming multifamily REIT peers. The 2025 estimated rental revenue breakdown is comprised of 59% manufactured housing, 31% recreational vehicle communities, and 10% from operations in the UK. Real property operations are the primary driver of results, accounting for approximately 91% of NOI, with rental income generating 90% of total NOI. Charles Young has been appointed CEO and board member effective October 1, 2025, and the board has undergone significant refreshment since 2021. The company also noted recognition for its sustainability efforts, having been awarded Prime status by ISS ESG. You can access the full presentation through the link below.
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