Analysis

As with most businesses, preparing for the sale of a marina facility requires planning and sometimes clean-up so the marina is viewed in the best light possible on the market. As the owner of a marina, you may have operated the marina for many years or just a few....

Accruit is the leading, independent Qualified Intermediary (QI) for the 1031 Exchange. Since inception in 2000, Accruit has worked with Fortune 500 companies, individual property owners/operators, and everyone in-between. With over 200 years of collective experience...

Selling a commercial property is a process that most real estate investors do not frequently go through. This is particularly true for marina owners, where the real estate supports an operating business that usually also serves as the owner’s day-to-day workplace....

We recommend marina owners begin preparing for an exit well in advance of the actual sale year, and one-year at a minimum. This allows ample time to make preparations to the property, your finances and "next steps" without hastily deciding the best course of action....

As we learned in 2022, inflation can have a significant impact on the lending environment, making it more challenging for businesses to obtain financing. With rising prices and increased costs, lenders may be more hesitant to provide loans, and borrowers may struggle...

The intermediate subset is the predominant data set used to gauge YOY performance for marina investment activity. This subset curates sales between one and ten million dollars, since this is the price range where most marinas trade, while further capturing the...

Commercial real estate is feeling the impact of rising interest rates, and that includes marinas. Transaction activity declined in 2022 from the record-breaking levels set in 2021, creating an inflection point for marina valuations. At the forefront of this market...

Boat sales data is an important indicator of marine industry health, providing insights to consumer sentiment which can translate to demand at marinas down the line. The marine industry is turning the page on an exceptional ~24-30 months of boat buying demand as we...

The Economy and Marinas The economy is moving into a lower gear, following a historic post-pandemic recovery and expansion. The return of consumer and business demand was uneven, contributing to elevated inflation in 2022 that lingers into 2023. Marina owners are...

Towards the end of 2022, Rockval Real Estate engaged the Leisure Investment Properties Group for analysis on the marina asset class. Where Are We Now? Before the pandemic, only a handful of professional investment companies were building marina portfolios, and the...

The Leisure Investment Properties Group was featured in a recent article that addresses how marina owners and sellers can benefit by working with the LIPG/marina brokers ahead of a sale. "In today’s competitive real estate market, cash offers direct from buyer to...

LIPG Comments in Marina Dock Age Article "Sales Continue Through COVID-19" | June 2020 ________________________________________________________________________________________________________ Companies working in the marina market space are seeing an impact from...