News and announcements

May 15, 2019

SOUTHERN MARINAS ACQUIRES RIVERWATCH MARINA

Growing Marina Portfolio Adds Stuart, Florida Location

North Palm Beach, Fla. – Southern Marinas Holdings, LLC, a partnership between a New York-based investment firm and Southern Marinas, announced today the purchase of Riverwatch Marina in Stuart, Florida.

Conveniently located in the heart of Martin County, Riverwatch Marina is perfectly positioned to provide storage and marina services to the cities of Hobe Sound, Palm City, Jensen Beach, and Stuart. The full-service marina features 368 dry and wet slips, a comprehensive marine service department, a fuel dock, a boat brokerage, and a boat club. For more than 15 years, Riverwatch has been owned and operated by a private investor in Stuart, Florida. During that time, the marina has enhanced its reputation, and has become a fixture within Stuart’s active boating community. 

“We are fortunate to acquire such a wonderful asset in a great boating market,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Riverwatch Marina is the perfect addition to our growing portfolio of marinas that will extend our footprint into the Florida market.”

Over the past six months, Southern Marinas has developed a strong pipeline of assets and, in 2019 and beyond, will be acquiring a select number of best-in-class marinas in the Southeast and other strategically located geographic regions of the country.

For more information on Southern Marinas Holdings, LLC or its current portfolio of marinas, please contact info@southernmarinas.com or visit www.southernmarinas.com. 

Southern Marinas logo

NAVIGATION

CONTACT INFORMATION

Southern Marinas
11300 U.S. Highway One,
Suite 610 Palm Beach Gardens, Fl 33408
561-412-4941
info@southernmarinas.com

2021 © Southern Marinas, LLC. All rights reserved.  |  Policies and Accessibility

Bio Coming Soon...

Kyle Bogardus serves as a Senior Accountant for Southern Marinas. His core responsibility is to prepare financial statements for numerous properties in accordance with US GAAP standards. Prior to Southern Marinas, Kyle was based in New York City serving as a Senior Accountant in the Technology sector. Kyle holds a BS in Accounting from Siena College.

Prior to joining the Southern Marinas' accounting team as an Accounts Payable Specialist, Teresa Phillips was the Business Office Administrator at Dale Hollow State Park Marina in Kentucky.  Teresa came to Kentucky by way of Kansas where she established an extensive history of bookkeeping experience in both the Dairy and Construction Industries. 

Please check back soon for John's Bio...

Adam Rosmarin has more than 16 years of experience across a wide array of industries; including marinas, finance, hospitality, and real estate. Prior to joining Southern Marinas, Adam worked as lead strategist and media buyer for a premier marketing and consulting firm. During his tenure, he managed outbound marketing budgets and website development for Loggerhead Marinas' portfolio of properties from lease up through sale. Additionally, Adam was responsible for allocating annual marketing spends for VanEck, an asset manager and ETF provider. While engaged with VanEck, he contributed to the launch of more than 60 exchange-traded products and helped grow the brand from inception to $50B AUM. Finally, Adam has worked alongside Southern Marinas since its inception to develop branding and the website platform used across the portfolio of marinas. In his role as VP of Business Development, he will source, evaluate, and close deals to grow the platform. Adam is a family man and a true southern sportsman. When he is not in the office, you will likely find him somewhere between the crystal-clear waters of the Bahamas and the backwoods of Georgia.