Sun Communities Beats Guidance With $2.35 Core FFO, Sets Early 2027 Rent Outlook
Sun Communities reported third-quarter Core FFO of $2.35 per share on Oct. 26, beating the midpoint of its earlier guidance by 7 cents.
Key facts
- Sun Communities reported third-quarter Core FFO of $2.35 per share, 7 cents above its prior guidance midpoint.
- Revenue from continuing operations rose 0.4% to $558.2 million, from $555.9 million a year earlier.
- As of Sept. 30, same-property adjusted blended occupancy for manufactured housing and RV properties stood at 98.8%, 0.5 percentage point lower than a year earlier.
- Sun sold its former U.K. business on Sept. 22 for about $1.03 billion in net proceeds.
- Preliminary 2027 guidance calls for average rental rates to rise 5.4% in manufactured housing and 4.4% in annual RV.
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Read the original at Token Post (opens in a new tab)
Source: Sun Communities Posts $2.35 Core FFO, 7 Cents Above Prior Guidance Midpoint — Token Post, October 27, 2026. Summary and commentary by RISE Community; read the full story at the source.
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