Sun Communities (SUI) stock climbed 5.3% in early Monday trading after the REIT agreed to sell its Safe Harbor marinas ...
The all-cash purchase of Safe Harbor Marinas by affiliates of Blackstone Infrastructure is expected to close in the second ...
Southfield-based Sun Communities Inc. is selling off its marina and yacht-servicing business for $5.65 billion to a unit of ...
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 ...
Sun Communities (SUI) has entered into a definitive agreement to sell 100% of its interests in the Safe Harbor Marinas business to affiliates ...
Private equity giant Blackstone has acquired Safe Harbor Marinas, which bought up 14 Rhode Island marinas in just three years ...
Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure ("Blackstone") have agreed to acquire ...
Blackstone’s infrastructure arm is acquiring the largest marina and superyacht servicing business in the US from Sun ...
Sun Communities, Inc. (SUI) to sell Safe Harbor Marinas to Blackstone in all-cash purchase of $5.65 billion, improving financial flexibility and leverage profile.
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Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche ...
Safe Harbor owns and operates 138 marinas nationwide, including 11 in Rhode Island and nine in Massachusetts. It’s considered ...
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