Safe Harbor Marinas Acquires Chula Vista Marina and Marina Bay Yacht Harbor

Sun Communities Acquires Safe Harbor Marinas for $2.11 Billion

September 29, 2020

Real Estate

Sun Communities, Inc. entered into a definitive agreement to acquire Safe Harbor Marinas, LLC for an aggregate purchase price of approximately $2.11 billion. Safe Harbor will operate as a standalone subsidiary led by its existing management team, providing Sun with a new marina platform that diversifies its geographic and customer footprint and is expected to be accretive to 2021 Core FFO per share.

Safe Harbor Marinas Acquires Monaco Marine

July 31, 2025

Real Estate

Safe Harbor Marinas has acquired Monaco Marine, expanding its footprint into the Mediterranean with nine marina and shipyard locations across the South of France and Monaco that provide slips, storage and refit/maintenance services for vessels up to 90 meters. The deal increases Safe Harbor’s global portfolio to 149 marinas and shipyards and extends its service offering into premier Mediterranean yachting destinations such as Saint-Tropez, Antibes and Monaco.

Blackstone Infrastructure Acquires Safe Harbor Marinas from Sun Communities for $5.65B

April 30, 2025

Infrastructure

Funds managed by Blackstone Infrastructure have completed the $5.65 billion acquisition of Safe Harbor Marinas, the largest marina and superyacht servicing business in the United States, from Sun Communities. Blackstone said it will work with Safe Harbor's management to develop existing marinas and strategically scale the platform.

Safe Harbor Marinas (Sun Communities) Acquires Savannah Yacht Center from Colonial Group

March 23, 2023

Real Estate

Safe Harbor Marinas has acquired the Savannah Yacht Center from Colonial Group, Inc.; consideration for the transaction was paid in securities of Safe Harbor’s parent company, Sun Communities Inc. The facility — which can accommodate the largest superyachts and includes a 140-meter graving dock, a 3,240-ton shiplift and extensive floating docks — will continue operations and its ~50 employees will join Safe Harbor.

Safe Harbor Marinas Acquires Port Annapolis

November 11, 2025

Real Estate

Safe Harbor Marinas closed its acquisition of Port Annapolis (a 16-acre, 250-slip marina and boatyard) on November 11, 2025, adding the facility to its global portfolio. As a result, subsidiary Bluewater Yacht Sales will relocate operations to the Port Annapolis site to expand storage, service capabilities, and yacht sales presence in the Annapolis/Chesapeake Bay market.

BlueWater Marinas and Bain Capital Real Estate Acquire Bayside Marine

February 16, 2026

Real Estate

BlueWater Marinas, backed by Bain Capital Real Estate, has acquired Bayside Marine, a full-service marina in Duxbury, Massachusetts. The Kent family will remain in place to oversee day-to-day operations as the acquisition expands BlueWater/Bain's portfolio of East Coast marina properties.