Member News - Safe Harbor Marinas
By: MIASF Staff
Date posted: Oct 21, 2020 Wed
As reported in International Boat Industry (IBI), Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities and one of its subsidiaries in a transaction valued at $2.11 billion. Sun Communities is a premier real estate investment trust that owns and operates 426 properties across North America. Safe Harbor will operate independently from Sun’s other businesses but will benefit from its tremendous strength. Safe Harbor’s 45,000 members enjoy access to the largest network of marinas in the world. In June this year, Safe Harbor announced the acquisition of its 100th marina, located across 22 states in the US.