Transaction includes “The Point Grill and Bar” Jupiter, FL (May 15, 2023) – SVN Marinas is pleased to announce it has advised the owner of Paradise Point Marina and RV Park on the sale of its marina, restaurant and RV Park located on Lay Lake in Columbiana, AL. The acquirer of the property is the…
Read MoreMany of the Marina & Marine business owners we work with do not employ optimal tax planning prior to selling their real estate and business assets. For that reason, we have joined with The Estate Planning Team to introduce a pre-packaged solution, called a Deferred Sales Trust™, to defer capital gains taxes when selling real…
Read MoreKendall earned global standard in commercial real estate. Kendall was among 157 individuals who earned commercial real estate’s global standard for professional achievement. Chicago (October 14th, 2022) – David Kendall, Managing Director of SVN | Marinas and founding member of SVN Marinas, recently received the Certified Commercial Investment Member (CCIM) designation from CCIM Institute. The designation…
Read MoreBUFORD, Ga., Aug. 24, 2022 (GLOBE NEWSWIRE) OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it has reached an agreement to acquire Taylor Marine Centers, which will further expand the Company’s presence in the Mid-Atlantic U.S. and enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction…
Read MoreCLEARWATER, Fla.–(BUSINESS WIRE)–MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (“IGY Marinas”), which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations. MarineMax will acquire…
Read MoreOneWater expands superyacht and charter services. OneWater Marine today announced it reached an agreement to acquire Denison Yachting. “We are thrilled to welcome Bob Denison and his team into the OneWater family, which expands and strengthens our presence in the superyacht and yacht categories,” OneWater CEO Austin Singleton said in a statement. “As we move through…
Read MorePower Lodge acquires Miller Marine: strategic implications. Marine and powersports dealer Power Lodge acquired Miller Marine in St. Cloud, Minn. Power Lodge owner Tom Dehn announced the sale in a statement. Miller Marine is the world’s largest seller of high-performance Bennington pontoons and is one of the largest single-point boat dealerships, the statement said. It was once…
Read MoreTopSide’s third marina, North Point Yacht Club, plans expansion. TopSide Marinas has acquired North Point Yacht Club on Lake Belton in Texas. TopSide plans to invest in the Temple, Tex., marina by adding more than 70 wet slips, TopSide cofounder Jacob Boan said Tuesday in a statement. The property, previously owned by the Brashear family, is…
Read MoreTrident Marine merges with Coastal, adds six Chesapeake marinas. Trident Marine Group announced that it merged with Coastal Properties Management, adding six Chesapeake Bay marinas to the management company’s portfolio. Trident already manages Nabbs Creek Marina & Yacht Yard, Chesapeake Harbour Marina and Annapolis Maryland Capital Yacht Club. The deal will add Coastal Properties’ Bowley’s…
Read MoreSuntex acquires The Wharf marina in Marathon, Fla. Suntex Marina Investors last week announced that it acquired The Wharf, a marina in Marathon, Fla., in the Keys. The company plans an extensive renovation of the property, which it plans to relaunch as Ocean View Marina. “In just the short year that we’ve owned Faro Blanco,…
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