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Sun Communities SUI Q4 2024 Earnings Transcript
Yahoo Finance· 2025-12-23 17:21
We are pleased with how this transaction allows us to simplify our business and is expected to improve our margins, earnings predictability and revenue to free cash flow conversion. Pro forma for this transaction, our core North American manufactured housing and RV NOI will increase from approximately 2/3 to above 90% of total company NOI and while also reducing our SR D&E exposure. In terms of our financial outlook, the sale is expected to generate proceeds that we intend to use to meaningfully delever wit ...