Discontinued — last reported Q2 '25
Sun Communities Marina — Fixed lease income increased by 10.9% to $131.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $125.80M to $131.80M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates higher long-term occupancy or successful rate adjustments, while a decrease may signal rising vacancy or competitive pressure.
Represents the recurring revenue generated from long-term slip rentals and storage agreements within the marina portfoli...
Similar to rental income in residential REITs or base rent in commercial property portfolios.
sui_segment_marina_fixed_lease_income| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q2 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $73.33M | $73.33M | $73.33M | $73.33M | $115.80M | $89.10M | $111.70M | $125.80M | $97.70M | $96.40M | $118.80M | $131.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +57.9% | -23.1% | +25.4% | +12.6% | -22.3% | -1.3% | +23.2% | +10.9% |
| YoY Change | — | — | — | — | +57.9% | +21.5% | — | +8.6% | — | +8.2% | +6.4% | +4.8% |