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Sun Communities (BSP:S2UI34) Lease Termination Revenue (USD Mil) : 0.00 (As of . 20)


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What is Sun Communities Lease Termination Revenue (USD Mil)?

In the railway industry, Lease Termination Revenue (USD Mil) is a one-time negotiated lump sum fee that a tenant pays the company to exit its lease early.

The historical rank and industry rank for Sun Communities's Lease Termination Revenue (USD Mil) or its related term are showing as below:


Sun Communities Lease Termination Revenue (USD Mil) Historical Data

The historical data trend for Sun Communities's Lease Termination Revenue (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sun Communities Lease Termination Revenue (USD Mil) Chart



Sun Communities  (BSP:S2UI34) Lease Termination Revenue (USD Mil) Explanation

Lease Termination Revenue (USD Mil) is a one-time negotiated lump sum fee that a tenant pays the company to exit its lease early. It's one kind of income which exhausts the future profitability of the REIT company focusing on leasing business.

Normal termination revenue is under control, but when the economic circle is under recession, there may be many ternant who cannot afford the payment. Then the profitability of the company will decrease. A company can amortize the lease termination revenue over the period of the remaining term of the original lease.


Sun Communities Lease Termination Revenue (USD Mil) Related Terms

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Sun Communities (BSP:S2UI34) Business Description

Industry
Traded in Other Exchanges
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.

Sun Communities (BSP:S2UI34) Headlines

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