Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
Is the $5.65B Deal a Win for Sun Communities or Blackstone?
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe26 MAR 2025 / BUSINESS
Sun Communities is selling its marina business, Safe Harbor Marinas, to Blackstone Infrastructure for $5.65 billion, allowing the company to focus on its core businesses of manufactured housing and RV parks. This strategic move will improve Sun Communities' financial stability and balance sheet, while giving Blackstone an opportunity to grow in the high-end boating business.
Sun Communities just pulled off a big-league deal, trading its marina empire for a hefty $5.65 billion payday. Think of it like swapping a decked-out superyacht for a steady cash-flowing rental empire because that’s where Sun sees the real dough. Th...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-(1)-1785429054.webp)
