Global Infrastructure SherpaBlackstone Infrastructure to acquire Safe Harbor Marinas for $5.65 billion
USD5.7B
Deal Value
Blackstone Infrastructure has agreed to acquire Safe Harbor Marinas, the largest marina and superyacht servicing business in the U.S., from Sun Communities, Inc. for $5.65 billion. Safe Harbor operates 138 marinas across the U.S. and Puerto Rico, benefiting from long-term thematic tailwinds in travel, leisure, and coastal population growth. This transaction further diversifies Blackstone Infrastructure's portfolio, which has grown approximately 40% year-over-year since inception.
Get daily hospitality deal alerts — free, no spam.
Counterparts (7)
Seller
parent_company
Buyer
Blackstone
Blackstone is the world's largest alternative asset manager, serving institutional and individual investors by building strong businesses that deliver lasting value. They invest in dynamic sectors positioned for long-term growth, leveraging their scale and operational expertise to drive transformation and create value.
B
Blackstone Infrastructure
Buy-Side Legal
Subscribe to access full counterpart details, deal analysis, and timeline.
Subscribe from €20/mo →Deal Analysis
Blackstone, the world's largest alternative asset manager, is expanding its infrastructure footprint with a $5.65 billion bet on leisure and hospitality. Its infrastructure arm is acquiring Safe Harbor Marinas, the U.S.'s largest marina and superyacht servicing business, from Sun Communities. This move brings 138 marinas across the U.S. and Puerto Rico into Blackstone's portfolio, aligning with long-term trends in travel, leisure, and coastal population growth. The deal further diversifies a Blackstone Infrastructure portfolio that has grown roughly 40% year-over-year since its inception, signaling confidence in recreational real estate.
- $5.65 billion acquisition by Blackstone Infrastructure.
- Safe Harbor Marinas operates 138 locations across the U.S. and Puerto Rico.
- Blackstone Infrastructure's portfolio grew approximately 40% year-over-year since inception.
- Blackstone is the world's largest alternative asset manager.
Timeline
Announced
Feb 24, 2025
Signed
Closed
Get the full picture — timeline, source intelligence, and counterpart analysis.
Subscribe from €20/mo →