Discontinued — last reported Q4 '25
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.
An increase reflects higher property valuations or rising local tax rates, which can compress net operating margins.
The total property tax obligations assessed by local and state jurisdictions on the marina real estate portfolio. These...
Standard line item across all real estate investment trusts (REITs) as 'Property Taxes'.
sui_segment_marina_real_estate_tax| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $20.30M | $21.70M | $21.90M |
| YoY Change | — | +6.9% | +0.9% |