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 ...

Southfield-based Sun Communities Inc. is selling off its marina and yacht-servicing business for $5.65 billion to a unit of Blackstone Inc. Affiliates of Blackstone Infrastructure are buying Safe ...

Blackstone (BX) announced that funds managed by Blackstone Infrastructure have agreed to acquire Safe Harbor Marinas from Sun Communities (SUI) ...

Blackstone’s infrastructure arm is acquiring the largest marina and superyacht servicing business in the US from Sun ...

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 Infrastructure has agreed to acquire the Safe Harbor Marinas portfolio from Sun Communities for $5.65 billion in ...

Shares of real estate investment trust Sun Communities Inc. (SUI) soared approximately 7% on Monday after Blackstone Inc. (BX ...

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 ...

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.