• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Blackstone Infrastructure Completes Acquisition of Safe Harbor

    4/30/25 4:07:00 PM ET
    $BX
    $SUI
    Investment Managers
    Finance
    Real Estate Investment Trusts
    Real Estate
    Get the next $BX alert in real time by email

    Blackstone (NYSE:BX) announced today that funds managed by Blackstone Infrastructure ("Blackstone") have completed their acquisition of Safe Harbor Marinas ("Safe Harbor"), the largest marina and superyacht servicing business in the United States, from Sun Communities, Inc. (NYSE:SUI) for $5.65 billion.

    Heidi Boyd, a Senior Managing Director in Blackstone's infrastructure business, said, "We're pleased to close this transaction and look forward to working with Safe Harbor's terrific team to further develop their existing marinas and strategically scale their platform."

    "Blackstone offers a world of opportunity to Safe Harbor, and we couldn't be more excited for the journey ahead," said Baxter Underwood, CEO of Safe Harbor. "We are eager to pursue growth opportunities while maintaining our people-first culture and strong relationships with the local communities in which we operate, and we thank Sun Communities for its partnership over the past five years."

    The transaction was previously announced on February 24, 2025.

    Wells Fargo, J.P. Morgan Securities LLC, and Goldman Sachs & Co. LLC served as financial advisors to Blackstone Infrastructure, while Gibson, Dunn & Crutcher LLP and Simpson Thacher & Bartlett LLP served as legal advisors.

    About Blackstone Infrastructure

    Blackstone Infrastructure is an active investor across energy, transportation, digital infrastructure and water and waste infrastructure sectors. We seek to apply a long-term buy-and-hold strategy to large-scale infrastructure assets with a focus on delivering stable, long-term capital appreciation together with a predictable annual cash flow yield. Our approach to infrastructure investing is one that focuses on responsible stewardship and stakeholder engagement to create value for our investors and the communities we serve.

    About Safe Harbor Marinas:

    Safe Harbor is the largest owner and operator of marinas in the world. The company provides exceptional service and memorable experiences for the global boating community.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250430056790/en/

    Paula Chirhart

    [email protected]

    347-463-5453

    Safe Harbor

    [email protected]

    Get the next $BX alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $BX
    $SUI

    CompanyDatePrice TargetRatingAnalyst
    Sun Communities Inc.
    $SUI
    4/8/2025$150.00Buy
    Jefferies
    Blackstone Inc.
    $BX
    4/8/2025$165.00Mkt Perform → Mkt Outperform
    Citizens JMP
    Blackstone Inc.
    $BX
    3/17/2025$180.00Neutral → Buy
    UBS
    Sun Communities Inc.
    $SUI
    1/17/2025Hold → Buy
    Truist
    Blackstone Inc.
    $BX
    12/12/2024$188.00 → $195.00Overweight → Equal Weight
    Wells Fargo
    Blackstone Inc.
    $BX
    12/9/2024$149.00 → $230.00Hold → Buy
    TD Cowen
    Sun Communities Inc.
    $SUI
    11/14/2024$155.00 → $134.00Buy → Neutral
    UBS
    Sun Communities Inc.
    $SUI
    11/12/2024$114.00Neutral → Underperform
    BofA Securities
    More analyst ratings

    $BX
    $SUI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Porat Ruth bought $40,342 worth of shares (296 units at $136.49), increasing direct ownership by 0.64% to 37,067 units (SEC Form 4)

      4 - Blackstone Inc. (0001393818) (Issuer)

      5/6/25 5:22:40 PM ET
      $BX
      Investment Managers
      Finance
    • Adviser Blackstone Private Credit Strategies Llc bought $24,900,000 worth of Class I Common Shares of Beneficial Interest (1,660,000 units at $15.00) (SEC Form 4)

      4 - Blackstone Inc. (0001393818) (Reporting)

      5/2/25 4:30:24 PM ET
      $BX
      Investment Managers
      Finance
    • Director Porat Ruth bought $61,926 worth of shares (376 units at $164.84), increasing direct ownership by 0.83% to 36,829 units (SEC Form 4)

      4 - Blackstone Inc. (0001393818) (Issuer)

      2/20/25 4:52:10 PM ET
      $BX
      Investment Managers
      Finance

    $BX
    $SUI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Jefferies initiated coverage on Sun Communities with a new price target

      Jefferies initiated coverage of Sun Communities with a rating of Buy and set a new price target of $150.00

      4/8/25 9:31:30 AM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • Blackstone upgraded by Citizens JMP with a new price target

      Citizens JMP upgraded Blackstone from Mkt Perform to Mkt Outperform and set a new price target of $165.00

      4/8/25 9:06:48 AM ET
      $BX
      Investment Managers
      Finance
    • Blackstone upgraded by UBS with a new price target

      UBS upgraded Blackstone from Neutral to Buy and set a new price target of $180.00

      3/17/25 7:24:34 AM ET
      $BX
      Investment Managers
      Finance

    $BX
    $SUI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Sun Communities Reports 2025 First Quarter Results; Announces Completion of Safe Harbor Sale

            Net Loss per Diluted Share of $0.34 for the Quarter Core FFO per Share of $1.26 for the Quarter       North America Same Property NOI for MH and RV Increased by 4.6% for the Quarter on a Year-over-Year Basis North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% Represents a 150 Basis Point Year-over-Year Increase       Establishing Post-Safe Harbor Sale Guidance for 2025 Expecting Core FFO per Share of $6.43 to $6.63 Expecting North American Same Property NOI Growth of 3.5% - 5.2% Expecting UK Same Property NOI Growth of 0.9% - 2.9%       Completed Initial Closing of Safe Harbor Marinas Sale in April for Net Pre-tax Cash Proceeds of $5.25 Billion Announced

      5/5/25 5:00:58 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • Blackstone Launches BMACX – Blackstone Private Multi-Asset Credit and Income Fund

      Blackstone (NYSE:BX) today announced the launch of Blackstone Private Multi-Asset Credit and Income Fund (BMACX), the firm's first private multi-asset credit interval fund (the "Fund"). Investors can now access BMACX through select registered investment advisers. BMACX aims to provide individual investors with a one-stop, private multi-asset credit solution designed to access strategies across Blackstone's leading $465 billion credit platform. The Fund offers ticker execution with daily subscriptions, quarterly liquidity, and low investment minimums with capital invested immediately. "We believe BMACX can be a powerful core portfolio building block to tap the expanding credit markets," sa

      5/1/25 8:30:00 AM ET
      $BX
      Investment Managers
      Finance
    • Blackstone Infrastructure Completes Acquisition of Safe Harbor

      Blackstone (NYSE:BX) announced today that funds managed by Blackstone Infrastructure ("Blackstone") have completed their acquisition of Safe Harbor Marinas ("Safe Harbor"), the largest marina and superyacht servicing business in the United States, from Sun Communities, Inc. (NYSE:SUI) for $5.65 billion. Heidi Boyd, a Senior Managing Director in Blackstone's infrastructure business, said, "We're pleased to close this transaction and look forward to working with Safe Harbor's terrific team to further develop their existing marinas and strategically scale their platform." "Blackstone offers a world of opportunity to Safe Harbor, and we couldn't be more excited for the journey ahead," said Ba

      4/30/25 4:07:00 PM ET
      $BX
      $SUI
      Investment Managers
      Finance
      Real Estate Investment Trusts
      Real Estate

    $BX
    $SUI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Blackstone Inc.

      SC 13G - Blackstone Inc. (0001393818) (Subject)

      11/13/24 3:07:30 PM ET
      $BX
      Investment Managers
      Finance
    • SEC Form SC 13G filed by Sun Communities Inc.

      SC 13G - SUN COMMUNITIES INC (0000912593) (Subject)

      11/7/24 12:36:07 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • SEC Form SC 13G/A filed by Blackstone Inc. (Amendment)

      SC 13G/A - Blackstone Inc. (0001393818) (Subject)

      2/13/24 4:55:49 PM ET
      $BX
      Investment Managers
      Finance

    $BX
    $SUI
    Leadership Updates

    Live Leadership Updates

    See more

    $BX
    $SUI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Wellington, Vanguard, and Blackstone to Collaborate on Investment Solutions Combining Public and Private Assets

      Wellington Management ("Wellington"), Vanguard, and Blackstone (NYSE:BX) today announced a strategic alliance to transform how investors access institutional-caliber investment opportunities. The three firms will collaborate on developing simplified multi-asset investment solutions that seamlessly integrate public and private markets as well as active and index strategies. The collaboration seeks to broaden access to sophisticated multi-asset portfolios ordinarily available to the largest global institutions. The new initiative, which is the first of its kind for the firms, brings together three world-class organizations drawing on their respective strengths: Wellington's nearly 100-year

      4/15/25 9:00:00 AM ET
      $BX
      Investment Managers
      Finance
    • Blackstone Appoints Rodney Zemmel as Global Head of Portfolio Operations

      Blackstone (NYSE:BX) announced today that Rodney Zemmel – a long-time Senior Partner at McKinsey, who served as the global leader of both McKinsey Digital and the firm's AI Transformation initiatives – has been appointed Global Head of Portfolio Operations. Mr. Zemmel will oversee Blackstone's Portfolio Operations group, a team of operating executives that provides expertise and support to Blackstone's portfolio companies across a wide range of functional areas to help create value for our investors. These include talent, data science and AI transformation, cybersecurity, group procurement, energy efficiency, operational excellence, and asset management – helping partner with company CEOs

      2/27/25 10:15:00 AM ET
      $BX
      Investment Managers
      Finance
    • Acushnet Holdings Set to Join S&P SmallCap 600

      NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Acushnet Holdings Corp. (NYSE:GOLF) will replace Retail Opportunity Investments Corp. (NASD: ROIC) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, February 13. S&P 500 constituent Blackstone Inc. (NYSE:BX) is acquiring Retail Opportunity Investments in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector Feb 13, 2025 S&P SmallCap 600 Addition Acushnet Holdings GOLF Consumer Discretionary Feb 13, 2025 S&P SmallCap 600 Delet

      2/10/25 6:32:00 PM ET
      $BX
      $GOLF
      $ROIC
      $SPGI
      Investment Managers
      Finance
      Recreational Games/Products/Toys
      Consumer Discretionary
    • Large owner Blackstone Holdings Iv L.P. sold $145,031,664 worth of shares (1,792,557 units at $80.91) (SEC Form 4)

      4 - Blackstone Inc. (0001393818) (Reporting)

      5/20/25 4:33:17 PM ET
      $BX
      Investment Managers
      Finance
    • Director Denien Mark A was granted 1,200 shares (SEC Form 4)

      4 - SUN COMMUNITIES INC (0000912593) (Issuer)

      5/14/25 12:00:15 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • SEC Form 3 filed by new insider Denien Mark A

      3 - SUN COMMUNITIES INC (0000912593) (Issuer)

      5/14/25 11:53:46 AM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate

    $BX
    $SUI
    SEC Filings

    See more
    • SEC Form 13F-HR filed by Blackstone Inc.

      13F-HR - Blackstone Inc. (0001393818) (Filer)

      5/15/25 5:15:02 PM ET
      $BX
      Investment Managers
      Finance
    • Sun Communities Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - SUN COMMUNITIES INC (0000912593) (Filer)

      5/15/25 4:58:38 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • Sun Communities Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits

      8-K - SUN COMMUNITIES INC (0000912593) (Filer)

      5/6/25 5:10:53 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate

    $BX
    $SUI
    Financials

    Live finance-specific insights

    See more
    • Sun Communities Reports 2025 First Quarter Results; Announces Completion of Safe Harbor Sale

            Net Loss per Diluted Share of $0.34 for the Quarter Core FFO per Share of $1.26 for the Quarter       North America Same Property NOI for MH and RV Increased by 4.6% for the Quarter on a Year-over-Year Basis North America Same Property Adjusted Blended Occupancy for MH and RV of 99.0% Represents a 150 Basis Point Year-over-Year Increase       Establishing Post-Safe Harbor Sale Guidance for 2025 Expecting Core FFO per Share of $6.43 to $6.63 Expecting North American Same Property NOI Growth of 3.5% - 5.2% Expecting UK Same Property NOI Growth of 0.9% - 2.9%       Completed Initial Closing of Safe Harbor Marinas Sale in April for Net Pre-tax Cash Proceeds of $5.25 Billion Announced

      5/5/25 5:00:58 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • Sun Communities, Inc. Completes Sale of Safe Harbor Marinas to Blackstone Infrastructure

      Southfield, MI, April 30, 2025 (GLOBE NEWSWIRE) -- 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 recreational vehicle (RV) communities, today announced that it has completed the initial closing (the "Initial Closing") of the sale of its interests in the Safe Harbor Marinas business ("Safe Harbor"), the largest marina and superyacht servicing business in the United States, to an affiliate of Blackstone Infrastructure. The transaction accelerates Sun's strategy of focusing on its core MH and RV portfolio and significantly enhances its leverage profile and financial

      4/30/25 4:01:37 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate
    • Sun Communities, Inc. Announces Date for First Quarter 2025 Earnings Release and Conference Call

      Southfield, MI, April 21, 2025 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE:SUI) (the "Company"), a real estate investment trust ("REIT") that owns and operates, or has an interest in, manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas, announces it will release first quarter 2025 operating results after the market closes on Monday, May 5, 2025. The Company will host a conference call to discuss these results on Tuesday, May 6, 2025, at 11:00 A.M. ET.  To Participate in the Conference Call: Dial at least 5 minutes prior to start time.U.S. and Canada: (877) 407-9039International: (201) 689-8470 The conference call will also be available live on the Com

      4/21/25 1:54:12 PM ET
      $SUI
      Real Estate Investment Trusts
      Real Estate