SUN COMMUNITIES, INC. ANNOUNCES SALE OF SAFE HARBOR MARINAS TO BLACKSTONE INFRASTRUCTURE IN AN ALL-CASH TRANSACTION FOR $5.65 BILLION
Re-focuses Business Strategy. Post-transaction, Sun’s North America MH and RV portfolio is expected to account for approximately 90% of the Company’s Net Operating Income (“NOI”), streamlining its strategic focus as a pure-play MH and RV owner and operator.
8hon MSN
Sun Communities ( SUI 6.49%) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its ...
Private equity giant Blackstone has acquired Safe Harbor Marinas, which bought up 14 Rhode Island marinas in just three years ...
Blackstone Infrastructure has agreed to acquire the Safe Harbor Marinas portfolio from Sun Communities for $5.65 billion in ...
A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on US boaters.
It's hard to find a boating community without a Safe Harbor Marina. Since beginning operations September 2015, the ...
The Wall Street giant is buying what is called the "largest marina and superyacht servicing business in the United States." ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback