Sun Communities will sell its superyacht servicing business for $5.65 billion in cash, as the real estate investment trust ...
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 ...
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 ...
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) ...
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Sun Communities’ Stock Surges After Blackstone Agrees To Acquire Its Safe Harbor Marinas Business: Retail’s Unconvinced YetShares of real estate investment trust Sun Communities Inc. (SUI) soared approximately 7% on Monday after Blackstone Inc. (BX ...
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.
Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure ("Blackstone") have agreed to acquire ...
Sun Communities REIT will sell Safe Harbor Marinas to Blackstone Infrastructure in a $5.7B all-cash transaction.
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