Blackstone acquires 138 Marinas from Safe Harbor (Sun Communities) for $5.65 billion

Marina consolidation is demonstrated in largest Private Equity transaction of its type this year (2/24/25)

Marina revitalization is expected by Blackstone paying $5.65 Billion (2025) versus Sun Communities purchase price of $2.11 Billion (2020)

• The deal premium values Safe Harbor at 21X its estimated 2024 Funds from Operations (FFO)

With expected:

• Modernization of Marina properties

• Raising Marina rents

Visit: https://superyachtnews.com/business/safe-harbor-marinas-acquired-in-blackstone-billion-dollar-buyout

This Private Equity consolidation strategy can leverage Floating Town - Marina Revitalization program.