This Top-Performing Investment's Big Splash Is Paying Off via a $1.3 Billion Windfall Profit
Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche ...
SUN COMMUNITIES, INC. ANNOUNCES SALE OF SAFE HARBOR MARINAS TO BLACKSTONE INFRASTRUCTURE IN AN ALL-CASH TRANSACTION FOR $5.65 BILLION
Re-focuses Business Strategy. Post-transaction, Sun’s North America MH and RV portfolio is expected to account for approximately 90% of the Company’s Net Operating Income (“NOI”), streamlining its ...
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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 ...
1 Magnificent Dividend Stock Down 15% to Buy and Hold Forever
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
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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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Sun Communities: Not Your Ordinary Residential Landlord
As you're aware, Sun Communities is one of a few REITs in its “current field”, that focuses on manufactured housing with exposure to RV communities, marinas and the like. The company is not ...
Sun Communities Reaps $5.65 Billion From Safe Harbor Sale, Refines Strategy
Sun Communities, Inc. (SUI) to sell Safe Harbor Marinas to Blackstone in all-cash purchase of $5.65 billion, improving financial flexibility and leverage profile.
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Sun Communities, Inc. Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call
About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of September 30, 2024, owned, operated, or had an interest in a portfolio of 659 developed properties comprising ...