News and announcements

November 7, 2019

SOUTHERN MARINAS ACQUIRES RIVERS EDGE MARINA

Growing Marina Portfolio Adds North Charleston, South Carolina Location

Rivers Edge Marina

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 Rivers Edge Marina in North Charleston, South Carolina on October 31, 2019.

Rivers Edge Marina is nestled along Charleston’s Ashley River in South Carolina’s beautiful Lowcountry. It is conveniently located near the historic Ashley River Plantations and just six miles from the Charleston Harbor. The deep-water, full-service marina encompasses 460 dry slips in a protected dry stack building, and 54 wet slips. The facility includes a fuel dock, ship’s store, captain’s lounge, and picnic area.

“We are fortunate to acquire such a wonderful asset in a great boating community,” said Andrew Gendron, principal and chief investment officer with Southern Marinas. “Rivers Edge Marina is the perfect addition to our growing portfolio of marinas that will extend our footprint into the South Carolina market.”

This purchase will mark Southern Marinas fourth acquisition this year as they continue to build a strong portfolio of best-in-class marinas in the Southeast, and in other strategically located geographic regions of the country.

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