Question · Q3 2025
Jason Conley asked about the weaker-than-expected RV and marina annual performance, specifically if storm-damaged properties are still having an impact and if they are back online.
Answer
Patrick Waite, President and COO, confirmed the impact on the marina portfolio from three storm-damaged properties, noting delays in permitting and construction. He expects these properties to be fully online in 2026, attributing the issue to reduced capacity rather than an overall demand impact.
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