News and announcements

OCTOBER 4, 2021

SOUTHERN MARINAS ACQUIRES HAYDEN LAKE MARINA

Growing Marina Portfolio Adds Premier Coeur d’Alene, Idaho Location

Hayden Lake 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 Hayden Lake Marina, located on picturesque Hayden Lake in the Coeur d’Alene region of Idaho.

Surrounded by beautiful timber shores, crystal-clear waters, and 40 miles of shoreline, Hayden Lake Marina offers the only public moorage on Hayden Lake, one of the most popular lakes in the Coeur d’Alene region of North Idaho. The full-service marina includes covered wet slips, winter storage, an extensive boat rental fleet, a ship’s store, a fuel dock, and a boat service center, and is home to The Boathouse Bar & Grill. Hayden Lake Marina is ideally located 45 minutes from Spokane, Washington, and is nestled in one of the hottest real estate markets in the United States, known for its gorgeous summer weather and an abundance of outdoor activities.

“As we continue to expand our geographic footprint into the western U.S., Hayden Lake Marina complements our recent acquisition of Elliott Bay Marina in Seattle,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Being able to acquire the only marina on such a beautiful lake is a rare occurrence. The former owners, Anders and Julie Hainer, spent the past ten years expanding and upgrading the marina to a best-in-class property, and we look forward to building on their hard work and further enhancing the customer experience in the years ahead.”

This purchase marks Southern Marinas’ fourth acquisition in 2021. The company has plans to close on several other marinas before year end, as it continues to build a geographically diverse portfolio strategically located across the United States.

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.