Sun Communities (SUI) stock climbed 5.3% in early Monday trading after the REIT agreed to sell its Safe Harbor marinas ...
Sun Communities will sell its superyacht servicing business for $5.65 billion in cash, as the real estate investment trust ...
Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche ...
Play MH and RV Focused REIT; Enhances Flexibility Through Substantial De-Leveraging and Improves Margin and Cash Flow ProfileSouthfield, MI, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc.
Real estate investment trust Sun Communities said on Monday it would sell its superyacht servicing business, Safe Harbor Marinas, to Blackstone Infrastructure for $5.65 billion in cash. Shares of Sun ...
After the transaction, the Southfield, Michigan-based REIT said it expects its North America MH and RV portfolio to account for about 90% of its net operating income. Sun Communities' marinas ...
AvalonBay Communities' executives expect the firm’s portfolio to see an effective rent change of about 3% in 2025. However, ...
Sun Communities has delivered very steady growth over the last couple of decades. It's benefitting from durable demand for its niche properties. The REIT should continue to grow its income ...
Sun Communities REIT will sell Safe Harbor Marinas to Blackstone Infrastructure in a $5.7B all-cash transaction.
Sun Communities, Inc. (NYSE: SUI) (the "Company" or “Sun”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) and ...
Blackstone Infrastructure has agreed to acquire the Safe Harbor Marinas portfolio from Sun Communities for $5.65 billion in ...
Strategically Repositions Company as a Pure-Play MH and RV Focused REIT; Enhances Flexibility Through Substantial De-Leveraging and Improves Margin and Cash Flow Profile Southfield, MI, Feb. 24, 2025 ...