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Blackstone Acquires Safe Harbor Marinas for $5.7 Billion

2/25/2025

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Summary

Story summary

Blackstone Infrastructure is acquiring Safe Harbor Marinas for $5.7 billion, enhancing its travel and leisure investments.
Safe Harbor operates 138 marinas in the U.S. and Puerto Rico, serving boating enthusiasts.
Sun Communities, which purchased Safe Harbor for $2 billion in 2020, is now focusing on manufactured housing.
The acquisition is anticipated to finalize in the second quarter of this year.

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Story summary

Blackstone Infrastructure is acquiring Safe Harbor Marinas for $5.7 billion, enhancing its travel and leisure investments.
Safe Harbor operates 138 marinas in the U.S. and Puerto Rico, serving boating enthusiasts.
Sun Communities, which purchased Safe Harbor for $2 billion in 2020, is now focusing on manufactured housing.
The acquisition is anticipated to finalize in the second quarter of this year.