News and announcements

OCTOBER 11, 2021

SOUTHERN MARINAS ACQUIRES MILLSTONE RESORT AND MARINA

Growing Marina Portfolio Adds Premier Location on Lake of the Ozarks

Millstone Resort 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 today the purchase of Millstone Resort and Marina located on Lake of the Ozarks in Gravois Mills, Missouri.

Situated in the heart of Missouri, Lake of the Ozarks is one of the state’s premier vacation destinations. Millstone Marina is the largest and most tenured marina on the lake, and is the only RV resort with direct waterfront sites. The full-service marina and RV resort is comprised of covered wet slips, RV sites with full utility hookup, an extensive boat rental fleet, a ship’s store, a fuel dock, a boat service center, multiple swimming pools overlooking the lake, picnic areas, dog parks, and two on-site restaurants. The Resort is perfectly positioned on the tranquil side of the lake and features magnificent cliffside views along the main channel of Lake of the Ozarks.  

“Millstone Resort and Marina is the perfect addition to Southern Marinas’ rapidly growing portfolio of best-in-class waterfront recreational destinations,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “The former owner, Jeff Howell, transformed the aging property into one of the finest marinas and RV resorts in the country, and we look forward to building upon his hard work and further enhancing the customer experience in the years ahead.”

This purchase marks Southern Marinas’ fifth 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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CONTACT INFORMATION

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.