In many areas of the country, the 2019 boating season came to an end after the Labor Day holiday and the arrival of cooler weather. It’s also the time of year some marina owners may start questioning if they want to run the business another season or list the property for sale. Deciding to sell

2020 Marina Investment Report

Wednesday, 15 January 2020 by

Interview: F3 Marina

Tuesday, 14 January 2020 by

For many marina operators, hiring a third-party management company is the ideal route to ensuring optimal success, premier customer service, and consistent profitability. Our interview with F3 Marina (a leader in professional marina management and consulting services to marina owners in the United States and internationally) dives into some of the best practices for marina

Preparing Your Marina For Sale

Friday, 29 November 2019 by

In November 2019, Marina Dock Age interviewed Steven Ekovich (National Managing Director) and Brett Murphy (Investment Advisor, Marinas) for an article title “Trends in Marina Sales: Tips for Improving Seller Appeal”. The article’s focus is on preparing your marina for sale, covering an array of topics from business planning and factors to consider when deciding

Interview: Freedom Boat Club

Friday, 01 February 2019 by

The LIPG Marina Team is excited to have interviewed John Giglio, President and CEO of Freedom Boat Club.  This interview dives into the leading boat club company’s outlook on the marina industry, sentiment towards the rental boat market and FBC’s strategy moving forward. We thank John for his participation. Since John assumed the helm, the

New Owner at Lady’s Island Marina

Wednesday, 16 January 2019 by

In January 2019, Mia Overton of Marina Dock Age published an article that focused on the new owner at Lady’s Island Marina in Beaufort, SC. Steven Ekovich, the National Managing Director, sold Lady’s Island Marina to Tom Daniels after determining that he was the best buyer for the property. Tom Daniels embarked on a new

Marina Industry Consolidation

Wednesday, 16 January 2019 by

In January 2019, Mia Overton of Marina Dock Age published a Q&A with Steven Ekovich (National Managing Director) and Brett Murphy (Investment Advisor) in an article titled “Marina Acquisitions and Industry Consolidation Continues; Markets Remain Strong but Face Rising Interest Rates”. The interview covers topics from year-over-year comparisons to why owners are selling in today’s

MARINA FINANCING

Tuesday, 27 November 2018 by

By Terence Vanek ◊ Terence.Vanek@MarcusMillichap.com Getting Your Marina Acquisition Approved By A Lender Over the past decade, marinas have gotten a bad reputation from financial industries, commonly viewed as dangerous investments that are more subject to economic cycles because of their recreational nature. Translation, boats are expensive, thus vulnerable during hard times when consumers tighten

Safe Passage Through Hurricane Season

Thursday, 23 August 2018 by

Every year, marinas located along the Gulf, throughout Florida, the Eastern Seaboard, and the Caribbean are faced with a prevalent threat – hurricanes. Here we focus on tips and best practices for guiding your marina’s safe passage through hurricane season. As we all know and have likely experienced first-hand, these natural disasters destroy homes, businesses,

Why Use a Broker?

Wednesday, 19 October 2016 by

Why should you use a broker when you decide to sell your marina? We are a nation of do-it-yourselfers.  Nowhere is the do-it-yourself (“DIY”) phenomenon more evident than in the home improvement market where Joe Homeowner decides to tile his bathroom, build a deck, or install new fixtures without a contractor.  Whole television shows have

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