Discontinued — last reported Q4 '25

Business Segments · Real estate tax

Marina — Real estate tax

Sun Communities Marina — Real estate tax remained flat by 0.0% to $5.48M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 0.9%, from $5.43M to $5.48M. Over 2 years (FY 2023 to FY 2025), Marina — Real estate tax shows relatively stable performance with a 3.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025Feb 28, 2025
Rolls up toProperty taxes

How to read this metric

An increase reflects higher property valuations or rising local tax rates, which can compress net operating margins.

Detailed definition

The total property tax obligations assessed by local and state jurisdictions on the marina real estate portfolio. These...

Peer comparison

Standard line item across all real estate investment trusts (REITs) as 'Property Taxes'.

Metric ID: sui_segment_marina_real_estate_tax

Historical Data

3 years
 FY'23FY'24FY'25
Value$20.30M$21.70M$21.90M
YoY Change+6.9%+0.9%
Range$20.30M$21.90M
CAGR+3.9%
Avg YoY Growth+3.9%
Median YoY Growth+3.9%
Current Streak2+ years growth

Frequently Asked Questions

What is Sun Communities's marina — real estate tax?
Sun Communities (SUI) reported marina — real estate tax of $5.48M in Q1 2025.
How has Sun Communities's marina — real estate tax changed year-over-year?
Sun Communities's marina — real estate tax increased by 0.9% year-over-year, from $5.43M to $5.48M.
What is the long-term trend for Sun Communities's marina — real estate tax?
Over 2 years (2023 to 2025), Sun Communities's marina — real estate tax has grown at a 3.9% compound annual growth rate (CAGR), from $20.30M to $21.90M.
What does marina — real estate tax mean?
The total property taxes paid for the marina real estate assets.