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Blackstone Reaches $5.7B Deal To Buy Superyacht Marina Owner
Sun Communities REIT will sell Safe Harbor Marinas to Blackstone Infrastructure in a $5.7B all-cash transaction.
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Blackstone Buys Marina Portfolio in $5.7B Deal
Blackstone Infrastructure has agreed to acquire the Safe Harbor Marinas portfolio from Sun Communities for $5.65 billion in ...
Safe Harbor Marinas, owner of multiple RI boatyards, sold to Blackstone private equity
Private equity giant Blackstone has acquired Safe Harbor Marinas, which bought up 14 Rhode Island marinas in just three years ...
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." ...
Sun Communities reports Q4 core FFO $1.41, consensus $1.39
Reports Q4 revenue $745.9M, consensus $719.35M. “In the fourth quarter we continued to advance our strategic priorities focused on further ...
This Top-Performing Investment's Big Splash Is Paying Off via a $1.3 Billion Windfall Profit
Sun Communities ( SUI 6.49%) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its ...