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Sun Communities, Inc. Completes Partnership with Blackstone Infrastructure for Safe Harbor Marinas
Apr 30, 2025•about 1 year ago
Contract Type
partnership
Description
Sun Communities, Inc. has completed the initial closing of the sale of its interests in the Safe Harbor Marinas business to an affiliate of Blackstone Infrastructure. This partnership accelerates Sun’s strategy of focusing on its core MH and RV portfolio and significantly enhances its leverage profile and financial flexibility.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months