 Bloomberg -- American Infrastructure Funds is exploring the sale of Landmark Dividend LLC, a company that acquires and develops real estate and infrastructure such as data-center and solar projects, according to people with knowledge of the matter.The firm is working with a financial adviser that has begun contacting potential suitors including other infrastructure funds, said the people, who asked not to be identified because the talks are private. Landmark Dividend could fetch 400 million to 500 million, some of the people said.Landmark Dividend, led by Chief Executive Officer Arthur Tim Brazy, manages more than 3 billion across private vehicles and U.S.-listed entity Landmark Infrastructure Partners LP, one of the people said. The El Segundo, California-based company focuses on digital infrastructure, outdoor advertising, wireless communications and renewable power generation, its website shows.Representatives for American Infrastructure Funds and Landmark Dividend didnt immediately respond to requests for comment.American Infrastructure Funds first invested in Landmark Dividend in 2013. The Foster City, California-based firm had been exploring the sale of Safe Harbor Marinas LLC, one of the largest owners of U.S. marinas, Bloomberg reported in January.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.2020 Bloomberg L.P. 