Occupancy Pressure From ExpansionsSite expansion activity has contributed to eased occupancy in some manufactured home communities, creating short-term vacancy dilution and added carrying costs.
RV Business Volatility And Valuation PressureVolatility in the seasonal recreational vehicle business has weighed on investor sentiment and valuation despite being a smaller portion of overall revenue.
Storm And Hurricane DamageHurricane and storm-related property damage has increased insurance and repair costs and raised vacancy at affected communities, which can pressure operating margins.