Real Estate News

Landsea Homes Reports Fourth Quarter and Full Year 2024 Results

Record fourth quarter home sales revenue of $450.6 millionRecord fourth quarter home closings of 937, up 41%Record full year total revenue of $1.55 billionFourth quarter net new home orders of 636, up 60%Fourth quarter cash from operations of $47.8 millionFourth quarter net income of $3.0 million, or $0.08 per diluted shareFull year net income of $17.2 million or $0.47 per diluted shareYear-end book value per share of $18.37

DALLAS, Feb.

Sun Communities Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Guidance

Net Income / (Loss) per Diluted Share of $(1.77) and $0.71 for the Quarter and Full Year

Core FFO per Share of $1.41 and $6.81 for the Quarter and Full Year

North America Same Property NOI increased by 5.7% for the Quarter and 4.1% for the Full Year of 2024 versus corresponding 2023 Periods

North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% represents a 160 basis point year-over-year increase

Expecting North American Same Property NOI Growth of 4.3% - 5.6%

Expecting UK Same Property NOI Growth of 0.9% - 2.9%

Southfield, Michigan, Feb.

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