Sun Communities Land improvements and buildings increased by 0.6% to $9.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.3%, from $9.04B to $9.35B. Over 5 years (FY 2021 to FY 2026), Land improvements and buildings shows relatively stable performance with a 1.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Growth indicates ongoing investment in property upgrades or new construction, enhancing the revenue-generating capacity of the portfolio.
The historical cost of land improvements and buildings associated with the company's real estate portfolio. This metric...
Commonly reported by REITs; comparable to 'Buildings and Improvements' at peer residential or commercial REITs.
non_current_assets_real_estate_investment_property_land__b1994e| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.66B | $9.00B | $9.47B | $9.96B | $10.17B | $10.87B | $10.63B | $10.90B | $11.20B | $11.32B | $11.42B | $11.68B | $11.53B | $11.62B | $11.61B | $9.06B | $9.04B | $9.08B | $8.95B | $9.29B | $9.35B |
| QoQ Change | — | +3.8% | +5.3% | +5.2% | +2.1% | +6.9% | -2.2% | +2.5% | +2.7% | +1.1% | +0.8% | +2.3% | -1.3% | +0.8% | -0.1% | -22.0% | -0.2% | +0.4% | -1.4% | +3.8% | +0.6% |
| YoY Change | — | — | — | — | +17.4% | +20.8% | +12.3% | +9.5% | +10.2% | +4.2% | +7.4% | +7.1% | +2.9% | +2.6% | +1.7% | -22.5% | -21.6% | -21.9% | -22.9% | +2.5% | +3.3% |