Real Estate News

Sun Communities Reports Results for the Second Quarter and First Six Months of 2024

Net Income per Diluted Share of $0.42 for the Quarter

Core FFO per Share of $1.86 for the Quarter

North America Same Property NOI increased by 3.6% for the Quarter and 5.6% for the First Six Months of 2024 versus corresponding 2023 Periods

North America Same Property Adjusted Blended Occupancy for MH and RV of 98.7% represents a 150 basis point year-over-year increase

Reiterating Full-Year Core FFO per Share Guidance for 2024 of $7.06 - $7.22

Full-Year North America Same Property NOI Growth Guidance Range of 4.7% - 5.7%, Maintaining 5.2% Midpoint and Revising Full-Year UK Same Property NOI Growth Guidance Range to 8.6% - 10.4%

Southfield, MI, July 31, 2024 (GLOBE NEWSWIRE) -- – Sun Communities, Inc.

Landsea Homes Reports Second Quarter 2024 Results

Home sales revenue increased 43.5% to $418.2 millionNet new home orders of 760 increased 34.5%Net income of $2.9 million or $0.08 per shareAdjusted net income of $13.3 million or $0.36 per share, a 9% increaseHome sales gross margin of 14.9%, 21.1% on an adjusted basisBook value per share of $17.94

DALLAS, Aug.

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