News and announcements

December 28, 2021

SOUTHERN MARINAS ACQUIRES CEDAR CREEK MARINA AND FOUR CORNERS YACHT CLUB AND RV PARK

Premier Marina Portfolio Adds Two Popular Tennessee Properties

Cedar Creek Marina

North Palm Beach, Fla. – Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, LLC, announced today the purchase of Four Corners Yacht Club and RV Park in Antioch, Tennessee and Cedar Creek Marina in Mt. Juliet, Tennessee. This transaction brings the total assets acquired by the partnership to ten in just seven months.

These popular marinas are located on two prominent lakes in the greater Nashville, Tennessee area. Cedar Creek Marina, on Old Hickory Lake, is a short, 25-minute drive from Downtown Nashville. Four Corners Yacht Club and RV Park is ideally situated to the Southeast of Nashville on J. Percy Priest Lake. ​ Both locations offer their members and guests a variety of amenities and outdoor recreational activities including covered and uncovered slips, floating Aqua Lodge rentals, fully stocked ship’s stores, on-site restaurants and bars, fuel docks, boat rental fleets and Freedom Boat Clubs. ​Additionally, Four Corners is home to one of the newest lakeside RV resorts in the area. Both marinas are in the process of expanding and will be adding new slips for the 2022 boating season.

“We are very excited to welcome these two best-in-class recreational properties to the Southern Marinas’ platform and to continue to expand our presence in one of the Country’s most dynamic regions,” said Gary Rosmarin, principal with Southern Marinas. “This purchase comes on the heels of three other recent portfolio additions in Tennessee within the last five months.”

Southern Marinas’ portfolio consists of ten locations that encompass 5,670 boat slips and 275 RV sites located across the United States in Florida, Idaho, Missouri, North Carolina, Tennessee and Washington. For more information on Southern Marinas and its current portfolio, please contact or visit www.southernmarinas.com.

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.