Discontinued — last reported Q2 '22

Business Segments · Secured receivables, net

Real Property Operations Segment — Secured receivables, net

Sun Communities Real Property Operations Segment — Secured receivables, net increased by 2.9% to $30.25M in Q3 2021 compared to the prior quarter.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ2 2022Oct 26, 2021
Rolls up toMortgage loans

How to read this metric

Growth in this metric indicates an expansion of the company's internal financing programs for residents.

Detailed definition

This represents receivables that are backed by collateral, such as manufactured homes or other property interests, net o...

Peer comparison

Similar to 'Secured Notes Receivable' in residential or consumer finance sectors.

Metric ID: sui_segment_real_property_operations_segment_secured_receivables_net

Historical Data

3 periods
 Q4 '21Q1 '22Q2 '22
Value$31.76M$29.39M$30.25M
QoQ Change-7.5%+2.9%
Range$29.39M$31.76M

Frequently Asked Questions

What is Sun Communities's real property operations segment — secured receivables, net?
Sun Communities (SUI) reported real property operations segment — secured receivables, net of $30.25M in Q3 2021.
What does real property operations segment — secured receivables, net mean?
Money owed to the company that is protected by collateral like a manufactured home.