Blackstone to buy Sun Communities' Safe Harbor marinas for $5.65B
Sun Communities (SUI) stock climbed 5.3% in early Monday trading after the REIT agreed to sell its Safe Harbor marinas ...
Blackstone strike $5.7B deal for Dallas marina operator with Tampa ties
The Wall Street giant is buying what is called the "largest marina and superyacht servicing business in the United States." ...
This Top-Performing Investment's Big Splash Is Paying Off via a $1.3 Billion Windfall Profit
Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche ...
Blackstone Infrastructure to Acquire Safe Harbor Marinas in $5.65B Transaction
Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure ("Blackstone") have agreed to acquire ...
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 ...
Blackstone to acquire Safe Harbor from Sun Communities for $5.65B
Blackstone (BX) announced that funds managed by Blackstone Infrastructure have agreed to acquire Safe Harbor Marinas from Sun Communities (SUI) ...
Blackstone Buying Safe Harbor
Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure have agreed to acquire Safe Harbor Marinas, the largest marina and superyacht servicing business in the United ...
Stocktwits on MSN1d
Sun Communities’ Stock Surges After Blackstone Agrees To Acquire Its Safe Harbor Marinas Business: Retail’s Unconvinced Yet
Shares of real estate investment trust Sun Communities Inc. (SUI) soared approximately 7% on Monday after Blackstone Inc. (BX ...
REIT Sun Communities to sell superyacht unit to Blackstone for $5.65 billion
Sun Communities will sell its superyacht servicing business for $5.65 billion in cash, as the real estate investment trust ...
1 Magnificent Dividend Stock Down 15% to Buy and Hold Forever
These dynamics help drive growing demand for space in its properties, enabling Sun Communities to continue increasing rents. For example, it plans to push through rental increases of 3.7% to 5.2% ...