News and announcements

OCTOBER 29, 2021

SOUTHERN MARINAS ACQUIRES GRAND HARBOR CONDOMINIUMS AND MARINA

Premier Marina Portfolio Adds Popular Resort Destination Along America’s Great Loop

Grand Harbor Condominiums and Marina
North Palm Beach, Fla. – Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, LLC, announced that it has acquired Grand Harbor Condominiums and Marina on Pickwick Lake in Tennessee.

Grand Harbor Condominiums and Marina is perfectly situated on the Tennessee/Mississippi border and is less than a mile from the Alabama state line. The resort is a popular stopover for transient boaters who are navigating America’s Great Loop, the 6,000-mile trip along the Atlantic Intracoastal Waterway. The full-service marina and resort is comprised of covered wet slips, vacation condo rentals, an extensive boat rental fleet, a ship’s store, fuel dock, lakeside pool, tennis courts, fitness center, and a spa.

“Consistent with our goal of acquiring best-in-class, strategically located marina and resort properties, Grand Harbor is a unique asset that attracts boaters and vacationers from a broad demographic area,” said Gary Rosmarin, principal with Southern Marinas. “By the addition of Grand Harbor, our portfolio now extends its geographic footprint from the Northwest through the Midwest, and into the Southeast.”

Grand Harbor Condominiums and Marina sits on beautiful Pickwick Lake, which runs 50 miles from Wilson Dam in Florence, Alabama, to Pickwick Dam in Tennessee. It is surrounded by nearly 500 miles of winding shoreline, and has both recreational and historical area attractions nearby. Pickwick Lake is truly a boater’s paradise.

This purchase marks Southern Marinas’ sixth acquisition in 2021. By year-end, the portfolio will include 10 marina and resort properties. For more information on Southern Marinas and its current portfolio of marinas, please contact [email protected] or visit www.southernmarinas.com.

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Southern Marinas
11300 U.S. Highway One,
Suite 610 Palm Beach Gardens, Fl 33408
561-412-4941
[email protected]

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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.