Launch Catch-Up — Results Announced October 26, 2026
Sun Communities reported third-quarter net income attributable to common shareholders of $120.7 million, or $1 a diluted share, in its October 26 results. A year earlier, it earned $8.5 million, or seven cents a share.
The manufactured-housing and recreational-vehicle community operator reported core funds from operations of $2.35 a share, compared with $2.28. Core FFO is a supplemental operating measure that differs from net income.
Same-property net operating income increased 3.6%. Across the overall portfolio, manufactured-housing and annual RV sites were 98.2% occupied at September 30, down from 98.4% a year earlier.
Sun’s preliminary 2027 rental-rate assumptions call for increases of 5.4% for manufactured housing and 4.4% for annual RV sites. These are company forecasts, not a statement that every resident will receive the same increase.
The company also confirmed that its previously announced UK business sale closed September 22, producing approximately $1.03 billion in net proceeds.
Sources Sun Communities — October 26 results: https://suncommunities.gcs-web.com/news-releases/news-release-details/sun-communities-reports-results-third-quarter-2026