Discontinued — last reported Q1 '24
Products & Services · Real property
Interest — Real property
Sun Communities Interest — Real property increased by 22.8% to $14.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 91.8%, from $7.30M to $14.00M.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2024Jul 27, 2023
Rolls up toTotal Revenue
How to read this metric
An increase in interest expense for real property may indicate higher leverage or rising borrowing costs on property-specific debt, while an increase in interest income suggests higher yields on property-related financing assets.
Detailed definition
This metric represents the interest income or expense specifically attributable to the real property assets within the c...
Peer comparison
Comparable to interest expense or interest income line items reported by other residential REITs focusing on manufactured housing or land-lease communities.
Metric ID:
sui_segment_interest_real_propertyHistorical Data
8 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $2.60M | $2.80M | $2.60M | $6.80M | $7.30M | $11.20M | $11.40M | $14.00M |
| QoQ Change | — | +7.7% | -7.1% | +161.5% | +7.4% | +53.4% | +1.8% | +22.8% |
| YoY Change | — | — | — | +161.5% | +160.7% | +330.8% | +67.6% | +91.8% |
Range$2.60M – $14.00M
CAGR+161.7%
Avg YoY Growth+162.5%
Median YoY Growth+160.7%
Current Streak5 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Sun Communities's interest — real property?
- Sun Communities (SUI) reported interest — real property of $14.00M in Q2 2023.
- How has Sun Communities's interest — real property changed year-over-year?
- Sun Communities's interest — real property increased by 91.8% year-over-year, from $7.30M to $14.00M.
- What does interest — real property mean?
- Interest income or expense directly related to the company's real estate property portfolio.