News and announcements

September 29, 2020

SOUTHERN MARINAS ACQUIRES INLET HARBOR MARINA

Growing Marina Portfolio Adds Ponce Inlet, Florida Location

North Palm Beach, Fla. – Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced today the purchase of Inlet Harbor Marina in Ponce Inlet, Florida, on September 24, 2020. This acquisition brings the growing Southern Marinas’ portfolio total to 12 properties.

Strategically located just a few minutes from the Ponce Inlet along Florida’s Intracoastal Waterway, Inlet Harbor Marina is a full-service marina, with best-in-class amenities, catering to savvy transient boaters, as well as providing the perfect home port for boaters looking for year-round storage. The marina features wet slips for boats up to 75 feet, dry storage slips that can accommodate boats to 38 feet, a high-speed fuel dock, boaters’ lounge, shower rooms, and a laundry facility. The property is also home to the very popular Off the Hook Grill, a great place to watch dolphins play in the Halifax River and enjoy a stunning Florida sunset. The restaurant is owned and operated by Mike Schaler, one of the area’s best-known restaurateurs. The marina has been recognized as a “Florida Clean Marina and Boatyard,” and has set the standard for protecting marine resources.

“We are fortunate to acquire such a wonderful asset in this vibrant boating community,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Inlet Harbor is the perfect addition to Southern’s rapidly growing portfolio of premier marinas, and we look forward to further enhancing the customer experience at this location.”

This purchase will mark Southern Marinas’ sixth acquisition in 2020, as the company continues to build a strong portfolio of best-in-class marinas strategically located across the United States.

For more information on Southern Marinas Holdings, LLC, or its current portfolio of marinas, please contact [email protected] or visit www.southernmarinas.com.

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11300 U.S. Highway One,
Suite 610 Palm Beach Gardens, Fl 33408
561-412-4941
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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.