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Shrinking Interest Rate May Boost Marina Sales

Shrinking Interest Rate May Boost Marina Sales

The first week of November ushered in the election of a new President and another interest rate cut by the Federal Reserve. Both actions spurred economists to start looking into the future and making predictions of where the U.S. economy may be heading. Aside from...
The Role of Amenities in Boosting the Marina’s Income

The Role of Amenities in Boosting the Marina’s Income

When we work with potential buyers of marinas, we make sure they understand that a marina is more than just a place to store boats. It is a complex business that can combine hospitality, service, and, yes, storage. For today’s boater, the more service and hospitality...
Preliminary Steps to Selling Your Marina

Preliminary Steps to Selling Your Marina

There is a trifecta in place right now guiding the boom in marina sales. First, according to Marina Dock  Age magazine’s annual survey, the average length of time that marina owners and operators have been  in place is rather high with about 64% having been at the...

Why Marinas Have Been Attractive Investments

If you follow the marina industry at all you may have noticed that marinas are changing hands at breakneck speed. Where once investors shied away from a business that has many facets and, to some, can be just plain hard to understand, now they are lining up to get...

U.S. Federal Reserve Raises Key Interest Rate

The U.S. Federal Reserve increased the federal funds interest rate yesterday by a quarter-percentage point to 0.25-0.50 percent. It is the first increase in the lending rate since 2018. “Inflation remains elevated, reflecting supply and demand imbalances related to...