Sun Communities delivered Q3 2025 results marked by a positive net income of $8.5 million, EPS of $0.07, and strong performance in its North American manufactured housing operations. Core FFO per share was $2.28, and adjusted blended occupancy in North America reached 99.2%.
Net income attributable to common shareholders was $8.5 million, with diluted EPS of $0.07.
Core FFO per share was $2.28, slightly below last year’s $2.36.
North America blended MH and RV occupancy hit 99.2%, up 130 basis points YoY.
Q3 revenue totaled $697.2 million, driven by strong MH operations despite softness in RV and home sales.
Sun Communities raised its full-year 2025 Core FFO guidance slightly and increased NOI growth expectations for both North America and the UK.
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