Sun Communities sells marina and yacht servicing business for $5.65B

Sun Communities sells marina and yacht servicing business for $5.65B Southfield-based Sun Communities Inc. is selling off its marina and yacht-servicing business for $5.65 billion to a unit of Blackstone Inc. Affiliates of Blackstone Infrastructure are buying Safe Harbor Marinas from Sun Communities in an all-cash transaction, according to a statement. The price, which is…