Acquiring Company
Blackstone
Acquired Company
Safe Harbor Marinas
New YorkDallasFinancial ServicesReal EstateFinanceReal Estate InvestmentReal EstateDescription
Sun Communities, Inc. has completed the sale of its interests in Safe Harbor Marinas to an affiliate of Blackstone Infrastructure. The transaction is part of Sun's strategy to focus on its core manufactured housing and recreational vehicle portfolio. The sale is expected to enhance Sun's financial flexibility and leverage profile. Sun will use the proceeds to reduce debt and allocate funds for future acquisitions.
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Frequently asked
Who acquired Safe Harbor Marinas?
Safe Harbor Marinas was acquired by Blackstone, based in New York. The deal was reported on April 30, 2025. Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Blackstone is publicly traded (BX) and operates in Financial Services.
When did Blackstone acquire Safe Harbor Marinas?
Blackstone's acquisition of Safe Harbor Marinas was reported on April 30, 2025. Sun Communities, Inc. has completed the sale of its interests in Safe Harbor Marinas to an affiliate of Blackstone Infrastructure. The transaction is part of Sun's strategy to focus on its core manufactured housing and recreational vehicle portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Safe Harbor Marinas do?
Safe Harbor Marinas is the largest marina and superyacht servicing business in the United States, owning and operating 138 marinas across the U.S. and Puerto Rico. They are the industry leader in the boat storage and servicing industry. It is privately held, operating in Real Estate, and is based in Dallas.
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