The all-cash purchase of Safe Harbor Marinas by affiliates of Blackstone Infrastructure is expected to close in the second ...
Sun Communities (SUI) stock climbed 5.3% in early Monday trading after the REIT agreed to sell its Safe Harbor marinas ...
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Stocktwits on MSNSun Communities’ Stock Surges After Blackstone Agrees To Acquire Its Safe Harbor Marinas ...Shares of real estate investment trust Sun Communities Inc. (SUI) soared approximately 7% on Monday after Blackstone Inc. (BX ...
A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on US boaters.
Blackstone (BX) announced that funds managed by Blackstone Infrastructure have agreed to acquire Safe Harbor Marinas from Sun Communities (SUI) ...
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 ...
Southfield-based Sun Communities Inc. is selling off its marina and yacht-servicing business for $5.65 billion to a unit of ...
It invests in infrastructure assets principally in North America, aiming to diversify Blackstone's portfolio. For the transaction, Lazard Freres & Co is the financial advisor to Sun Communities ...
24, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc ... to affiliates of Blackstone Infrastructure (“Blackstone”). The transaction accelerates Sun’s strategic goal of re-focusing on its ...
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