Net Earnings per Diluted Share of $1.31 for the Quarter
Core FFO per Share of $2.57 for the Quarter Exceeded the High-End of Guidance Range
Total Same Property NOI Grew by 6.7% for the Quarter over the 2022 Period, Exceeding the High-End of Guidance Range by 220 Basis Points
Strong Demand and Effective Expense Management Continue to Drive Outperformance
Same Property Adjusted Occupancy for MH and RV Increased by 170 Basis Points, Year-over-Year
Transient-to-Annual RV Site Conversions of nearly 537 Sites for the Quarter and 1,815 for the Year-to-Date
Revising Full-Year Core FFO per Share Guidance for 2023 to $7.05 - $7.13
Increasing Guidance Range for Full-Year Total Same Property NOI Growth to 6.0% - 6.4%
Establishing Preliminary Guidance for 2024 Rental Rate Increases of 5.4% for MH, 6.5% for Annual RV, and 5.6% for Marina in North America, and 7.1% for UK
Southfield, MI, Oct.