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CONSULTING
& MANAGEMENT MARKETING MARINA
PROPERTIES INVESTMENT
OPPORTUNITIES INDUSTRY
LINKS NEWS
ITEMS CONTACT
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Marinas
for Sale
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Operating
Marinas, Boatyards & Resorts Since the 2007-08 crash of the real estate market, entitled marina and commercial waterfront property has generally dropped to it's lowest levels since 1992. There are a significant number of short term interest only loans from late 2006 through mid 2008 that are now maturing. A high percentage of these will not be financed, rolled-over, extended or renewed adding more distressed properties to bank portfolios. In addition, many banks have held REO marina and waterfront properties in hope of recapturing value but now find that they may be forced to part with them for much less than previously anticipated. While we believe it will be another 24 months (Q1-2013) or so before we see significant strengthening in this niche market, when it does it will be too late to obtain the best deals. This property class always reaches higher value per sqaure foot than any other property type because of its rare, irreplaceable nature and even rarer marina entitlements. If you are interested in this unique asset class, please contact us with your criterion as, under the current conditions, we are no longer publicly listing our Off-market, REO, Short Sale or JV opportunities |
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NOTICE: The sale of a Marina, Resort, Boatyard or similar water dependent facility is typically kept strictly confidential. We are NOT NECESSARILY THE LISTING BROKER for each of the opportunties we disclose, but are qualified to provide due diligence and acquisition consulting for them. We have thoroughly researched the properties disclosed and we are only able to provide you with generic information until a Non-Disclosure agreement has been executed between you and the listing broker which we are happy to facilitate. |