Sun Communities Announces $5.65 Billion Cash Sale of Safe Harbor Marinas to Blackstone Affiliate
Sun Communities Inc. (NYSE: SUI) announced on February 24, 2025, that it has entered into a definitive Membership Interest Purchase Agreement to sell its Safe Harbor Marinas business and associated SHM TRS interests for an all‐cash purchase price of approximately $5.65 billion. The transaction is being executed by Sun’s primary operating subsidiary, Sun Communities Operating […]
Sun Communities Inc. (NYSE: SUI) announced on February 24, 2025, that it has entered into a definitive Membership Interest Purchase Agreement to sell its Safe Harbor Marinas business and associated SHM TRS interests for an all‐cash purchase price of approximately $5.65 billion. The transaction is being executed by Sun’s primary operating subsidiary, Sun Communities Operating […]
