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 Reports 2024 Fourth Quarter and Full Year Results; Provides 2025 Guidance
Net Income / (Loss) per Diluted Share of $(1.77) and $0.71 for the Quarter and Full Year Core FFO per Share of $1.41 and $6.81 for the Quarter and Full Year North America Same Property NOI increased ...
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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 ...
Sun Communities: Q4 Earnings Snapshot
Sun Communities Inc. (SUI) on Wednesday reported a key measure of profitability in its fourth quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in ...
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 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.
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.
Sun Communities, Inc. Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call
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 approximately 179,130 developed sites and ...
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Sun Communities (SUI) Beats Q4 FFO and Revenue Estimates
Sun Communities (SUI) came out with quarterly funds from operations (FFO) of $1.41 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to FFO of $1.34 per share a year ...