Sun Communities, Inc. Provides Update on Recent Activities
NOI margin for the second half of 2023 was approximately $22,000, also in-line with management’s previously communicated range.
- NOI margin for the second half of 2023 was approximately $22,000, also in-line with management’s previously communicated range.
- Sun recently completed an administration process related to three real estate assets that collateralized a note receivable extended to Royale Holdings Group in the UK.
- On January 11, 2024, Sun completed a public offering of $500 million aggregate principal amount of 5.50% senior notes due 2029.
- The Company’s Full Year and Fourth Quarter 2023 results will be released on Tuesday, February 20, 2024, after markets close.