Real Property Revenue Increased 13.8%, Year-over-Year
Net Loss per Diluted Share of $0.24
Core FFO per Share of $1.23 Exceeded Midpoint of Guidance by 4.7%
Total Same Property NOI Grew 6.7%, Exceeding Internal Expectations
Strong Demand and Effective Expense Management Drove Outperformance
Same Property Adjusted Occupancy for MH and RV Increased 190 Basis Points, Year-over-Year
Solid Transient-to-Annual RV Conversions of 524 Sites
Reiterating Full-Year Core FFO per Share Guidance for 2023 of $7.22 - $7.42
Expecting Total Same Property NOI Growth of 5.0% - 6.0%
Southfield, MI, April 26, 2023 (GLOBE NEWSWIRE) -- Sun Communities, Inc.