Sun Communities, Inc.: Sun Communities Reports 2026 First Quarter Results
Sun Communities, Inc. reported a net loss attributable to common shareholders of $8.7 million, or $0.07 per diluted share, for the quarter ended March 31, 2026. North America Same Property Net Operating Income for manufactured housing and recreational vehicle communities increased by $13.6 million, or 6.3%, compared to the same period in 2025.
Sun Communities, Inc., a real estate investment trust, reported its first quarter results for 2026. The company had a net loss attributable to common shareholders of $8.7 million, or $0.07 per diluted share, for the quarter ended March 31, 2026. Core Funds from Operations was $1.40 per common share, compared to $1.26 for the same period in 2025. North America Same Property Net Operating Income for manufactured housing and recreational vehicle communities increased by $13.6 million, or 6.3%. The company completed the acquisition of two properties for $27.6 million during the quarter. As of March 31, 2026, the company had $4.3 billion in debt outstanding with a weighted average interest rate of 3.4% and a weighted average maturity of 6.8 years.
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