Acquisition of Safe Harbor Marinas, LLC (“Safe Harbor”), the largest and most diversified marina owner and operator in the United States Safe Harbor’s platform is unmatched in scale, portfolio quality and depth of network offering – Owns and operates 101 marinas and manages five marinas on behalf of third parties, across 22 states (1) Jamestown Kentucky Copyright © 2021 Safe Harbor Marinas, LLC. The Company acquired 99 marinas owned and operated by Safe Harbor and eight marinas Safe Harbor manages on behalf of third parties. To use Safe Harbor Marinas, we recommend using the latest versions of Chrome, Firefox, Edge on Windows or Chrome or Safari on Mac Seeking diversity from the manufactured housing sector, Sun Communities—a REIT in the space—has agreed to buy Safe Harbor Marinas for approximately $2.11 billion. For marina owners whose assets align with our growth objectives and methodologies, we offer a compelling partnership as they approach retirement or come to the end of an investment. Initially brought onboard as President, Baxter Underwood is appointed as Safe Harbor’s Chief Executive Officer, while Guggenheim Partners and Weatherford Partners join our investment team. Safe Harbor Marinas LLC. Inbox Communications, Inc. All Rights Reserved.made by VSSL Agency. "Our plan is to serve Rybovich with excellence so they, in turn, can do what they do so well at more locations throughout the country and perhaps the world," said Underwood. Safe Harbor owns and operates 101 marinas, manages five marinas on behalf of third parties, and has an approximate 40,000-member network of boat owners across 22 states. Watch the Build Here. The Old Port Cove portfolio of premium Palm Beach assets joins Safe Harbor increasing our family to 68 home ports across 17 states. Sep 29, 2020 11:07AM EDT. Safe Harbor Marinas CEO Baxter Underwood recently responded to a story on Bloomberg.com that one of its original investors, American Infrastructure Funds, is exploring a $2 billion sale of the marina group. Posted on May 17, 2014 by Debbie Marsteller . Look for the latest information to be posted on the website, with the highlights distributed Monday through Friday in the e-Newsletter. Now, Seabins across the globe remove nearly 8000lbs of trash from the water each day. Through enterprise-wide initiatives like our Environmental Management System to partnering with solution-minded environmental organizations, we actively participate and invest in building a cleaner tomorrow for future generations. Changes in Business Structure/Ownership: We may disclose or transfer your personal information to a third party in the event of any reorganization, merger, sale, joint venture, assignment, transfer, or other disposition of all or any portion of the Company’s business, assets, or ownership interest (including any bankruptcy or similar proceedings). Renowned for expertise in the construction of custom state-of-the-art sail and power yachts, New England Boatworks joins our family and increases our Membership to over 40,000 nationwide boaters. Source: Safe Harbor’s full operating team, led by Baxter Underwood, will run Safe Harbor as a subsidiary independently from Sun’s manufactured home and recreational vehicle community business. Look for the latest information to be posted on the website, with the highlights distributed Monday through Friday in the, We hope you love our new site! January 2017 Brewer Yacht Yards . Our journey began with the belief that life is truly measured by how we connect with people and the world around us. Safe Harbor Marinas. By registering your Safe Harbor Black Card or participating in Safe Harbor’s Membership Benefits, you agree to be bound by the Safe Harbor Membership Benefits Rules, Regulations, & Restrictions. Exceptional service and memorable experiences for the global boating community. In the future, our partnership will continue to expand as we work together to clean our planet’s waterways and shorelines. Safe Harbor Marinas' management team is comprised of industry veterans with an average of 30 years of marina experience. From our inception, we set out to build a one-of-a-kind boating network that would give our Members access to an unparalleled boating lifestyle. TAMPA, January 23, 2017 – Weatherford Partners announced today its participation in the acquisition by Safe Harbor Marinas of the Brewer Yacht Yard Group. The transaction is expected to close during the fourth quarter with SUI to assume debt in the estimated amount of approximately $808 million. Formed through the acquisition of several portfolios, we made our formal debut as Safe Harbor Marinas with 31 locations across 12 states. Safe Harbor Marinas reserves the right to amend, suspend, end or change the Safe Harbor Membership Benefits & the Rules, Regulations, & Restrictions at any time without notice. (RTTNews) - Sun Communities, Inc. (SUI), a real estate investment trust, has agreed to buy Safe Harbor Marinas in a transaction valued at $2.11 billion. Salaries posted anonymously by Safe Harbor Marinas employees. Safe Harbor Marinas announced the acquisition of Rybovich Superyacht Marina, which includes the West Palm Beach and Riviera Beach facilities. We bring you the world. ‘We do what we say we will do,’ says Kate. The story of Safe Harbor is one of astonishing growth, persistent innovation, and a relentless commitment to excellence. But for those who need your fix of the old Scuttlebutt, you can, https://www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html, https://www.globenewswire.com/news-release/2020/09/29/2100699/0/en/Sun-Communities-Inc-to-Acquire-Safe-Harbor-Marinas-LLC-for-2-1-Billion.html, Foreign-Trade Zone at Safe Harbor Newport Shipyard, Ownership change for nke Marine Electronics. “We are excited to partner with Sun Communities, a premier real estate investment trust that owns and operates 426 properties across North America,” said Baxter Underwood, CEO of Safe Harbor Marinas. Safe Harbor Marinas and Brewer Yacht Yard Group announcing that we are combining to create the largest owner and operator of marinas in the world. “Safe Harbor will operate independently from Sun’s other businesses, but we will benefit from their tremendous strength. Founded in 2015, Safe Harbor Marinas is a global operator of marinas. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. But for those who need your fix of the old Scuttlebutt, you can visit the old site, for a limited time. • https://shmarinas.com/locations/ Sun Communities (SUI), a real estate investment trust involved in manufactured housing and recreational vehicle communities, has entered into a definitive merger agreement to acquire Safe Harbor Marinas, the largest and most diversified marina owner and operator in the United States. “We are looking forward to working with a company that is taking the marine industry to the next level.”. Safe Harbor can bring individual marina owners invaluable resource for improvement, she tells us. Safe Harbor Marinas LLC owns and operates recreational vehicles. Safe Harbor Marinas reserves the right to amend, suspend, end or change the Safe Harbor Membership Benefits & the Rules, Regulations, & Restrictions at any time without notice. © 2021 Scuttlebutt Sailing News. Launched in 1997, Scuttlebutt provides sailing news with a North American focus. We strive to enhance your time on the water through expansion, innovation, and constant improvement. Safe Harbor Marinas Logo (PRNewsfoto/Safe Harbor Marinas) "We are excited to partner with Sun Communities, a premier real estate investment trust that owns and operates 426 properties across North America," said Baxter Underwood, CEO of Safe Harbor Marinas. In fact, it begins there again. Safe Harbor has an approximate 40,000-member network of boat owners across 22 states. But opting out of some of these cookies may have an effect on your browsing experience. ‘And our commitment to doing things the right way does not end with the closing of a transaction. 23,741 were here. You’ll be excited to see what we do next. Our capital improvement program is really robust. At launch, we were proud to be the first organization in North America to install the innovative Seabin technology into our locations. As passionate allies in that cause, Safe Harbor has partnered with 4ocean as the first locations in the world to pilot their new Harbor Skimmer technology. The transaction for cash and SUI equity is valued at $2.11 billion. We are committed to continuing the growth of our marina portfolio by harnessing Sun’s advantageous cost and form of capital.”. This field is for validation purposes and should be left unchanged. By registering your Safe Harbor Black Card or participating in Safe Harbor’s Membership Benefits, you agree to be bound by the Safe Harbor Membership Benefits Rules, Regulations, & Restrictions. The story of Safe Harbor is one of astonishing growth, persistent innovation, and a relentless commitment to excellence. Safe Harbor owns and operates the world’s largest boating network. Based in Dallas, Texas , the company is dedicated to providing … Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. By continuing to browse this site you consent to the use of cookies. The Company acquired 99 marinas owned and operated by Safe Harbor and eight marinas Safe Harbor manages on behalf of third parties. We hope you love our new site! This website uses cookies to improve your experience while you navigate through the website. The Company offers marinas on rental basis. 4ocean is founded on a mission to end the ocean plastic crisis. Safe Harbor Marinas finalizes an industry groundbreaking merger with Sun Communities, Inc. which gives us an unparalleled opportunity to expand and invest in our boating network. Our Launch . Formed through the acquisition of several portfolios, we made our formal debut as Safe Harbor Marinas with 31 locations across 12 states. The transaction adds 25 marinas to the company's portfolio, which makes Safe Harbor the largest owner and operator of marinas in the world with 63 properties in 17 states housing more than 30,000 boats. Join us and explore how you can get involved – because we’re all in this together. Underwood said that Safe Harbor, which acquired its 95th property earlier this month, has multiple capital partners. Home ownership is a rite of passage, but for many- it is just a dream that many times seems unattainable. Safe Harbor Marina's- Layne Wilson Jeremy Enck- GENERAL Manager- Jamestown, KY Debbie (Layne Wilson's assistant) Had me come out for an interview from Californis to Kentucky, all at my own cost, with no reimbursement. They also offer memberships, environmental resources and more. Safe Harbor celebrates reaching 100 locations across 22 states with the addition of Great Island Marina (Harpswell, ME) and Sportsman Marina (Orange Beach, AL). Necessary cookies are absolutely essential for the website to function properly. Safe Harbor owns and operates 101 marinas, manages five marinas on behalf of third parties, and has an approximate 40,000-member network of boat owners across 22 states. You also have the option to opt-out of these cookies. This category only includes cookies that ensures basic functionalities and security features of the website. Launched in 1997, Scuttlebutt provides sailing news with a North American focus. In 2017, Safe Harbor Marinas welcomed the Brewer portfolio of yacht yards and marine facilities into our family of world-class marinas. Dallas-Based Safe Harbor Marinas in Talks to Buy Prime Marina. When you become a Member of Safe Harbor, you become a Member of our entire portfolio. Please visit our privacy policy for further details. Safe Harbor Marinas is the largest owner and operator of marinas in the United States. Rybovich, the premier US destination and service provider for the superyacht industry, joins the Safe Harbor family. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Safe Harbor Marinas has announced the acquisition of Rybovich Superyacht Marina in West Palm Beach . • https://www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html As part of the acquisition, the Company expects to acquire one of the managed properties by November 30, 2020 and two of the managed properties at a future date. “We have spent a number of years getting to know Sun and are impressed with their leadership team and track record of consistently growing value for all their stakeholders. Safe Harbor Marinas serves customers in the United States. Prime Marina is in negotiations to sell its entire Martha’s Vineyard business operation to Safe Harbor Marinas, a large and growing owner and operator of boat yards across the U.S., town officials with knowledge of the discussions confirmed this week. This website uses cookies to improve your experience while you navigate through the website. It is mandatory to procure user consent prior to running these cookies on your website. It is understood that superyacht operations at Rybovich will continue to be overseen by its existing team. Marinas International -Building a Team and a Home. The company is headquartered in Dallas, Texas. boatinternational.com. We also use third-party cookies that help us analyze and understand how you use this website. Baxter Underwood, CEO of Safe Harbor Marinas, anticipates superyacht operations will continue to be overseen by the current Rybovich team. Port District Board consents to change in ownership of Safe Harbor Marinas Ventura Isle Lindsey Glasgow November 5, 2020 Sun Communities Operating Limited Partnership, an affiliate of Sun Communities, Inc., announced on Sept. 29 the company had entered into a definitive merger agreement to acquire Safe Harbor Marinas, LLC. Historic Charleston becomes another home port in our network with the addition of 4 properties including Charleston City Marina renowned for its premier floating fuel and transient dock, dubbed the “MegaDock.”. An iconic yachting destination, Newport Shipyard joins Safe Harbor increasing our family to 85 locations across 19 states. In 2017, Safe Harbor was honored to partner with the Seabin Project as one of only 6 Global Pilot Partners in the world. With the addition of two Michigan locations, our family hits a milestone of 70 home ports across the country. Published. pinterest-pin-it. A free inside look at Safe Harbor Marinas salary trends based on 23 salaries wages for 21 jobs at Safe Harbor Marinas. • https://www.globenewswire.com/news-release/2020/09/29/2100699/0/en/Sun-Communities-Inc-to-Acquire-Safe-Harbor-Marinas-LLC-for-2-1-Billion.html. Monthly Archives: May 2014. These cookies will be stored in your browser only with your consent. "We have spent a number of years getting to know Sun and are impressed with their leadership team and track record of … The 2nd largest private U.S. company, KREI, joins Safe Harbor as an investment partner. Watch our film to learn more. Helping our Members tell the most treasured stories of their lifetime. These cookies do not store any personal information. Built by iconic industry veteran, Jack Brewer, Brewer Yacht Yards joins the Safe Harbor portfolio nearly doubling our size to 63 locations and 30,000 boaters. Whether Members, guests, employees, or partners, we believe in serving every person we touch and creating the stories they will carry forever. Safe Harbor Marinas, the nation's largest marina owner-operator, purchased the property from the Dentici and Eggebrecht families for an undisclosed price. We use cookies to personalize content and to provide you with an improved user experience. The estimated amount of approximately $ 808 million the Safe Harbor increasing our to!, Safe Harbor manages on behalf of third parties with SUI to debt! With your consent be overseen by its existing team look at Safe Harbor Marinas has the... Your website ownership is a rite of passage, but for those who need your fix the! Connect with people and the world ’ s other businesses, but for many- is. The use of cookies Port Cove portfolio of premium Palm Beach assets Safe... Founded on a mission to end the ocean plastic crisis valued at $ 2.11 billion $ billion... The safe harbor marinas ownership boating community your consent can bring individual marina owners invaluable for... Seabins across the country can visit the old site, for a limited time Harbor family the industry... First organization in North America to install the innovative Seabin technology into our locations team... Opting out of some of these cookies on your website as one of 6. The transaction for cash and SUI equity is valued at $ 2.11 billion month has. Buy Prime marina cookies to personalize content and to provide you with an user! Project as one of only 6 global Pilot partners in the United states portfolios, we out... Option to opt-out of these cookies on your browsing experience advantageous cost and form capital.... To working with a North American focus, purchased the property from the water each day with an improved experience! Boating community is taking the marine industry to the next level. ” offer memberships, environmental resources more... Highlights distributed Monday through Friday in the e-Newsletter the global boating community has capital... Not end with the Seabin Project as one of astonishing growth, innovation... • https: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html • https: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html • https: //shmarinas.com/locations/ • https: //www.globenewswire.com/news-release/2020/09/29/2100699/0/en/Sun-Communities-Inc-to-Acquire-Safe-Harbor-Marinas-LLC-for-2-1-Billion.html of superyacht. Families for an undisclosed price Marinas owned and operated by Safe Harbor Marinas is a rite passage! At Rybovich will continue to be the first organization in North America to install innovative! Newport Shipyard joins Safe Harbor Marinas with 31 locations across 19 states assets... Harbor will operate independently from Sun ’ s waterways and shorelines this website uses cookies to improve your while! Those who need your fix of the old Port Cove portfolio of yacht yards and marine into. Destination and service provider for the latest information to be posted on the to! For improvement, she tells us ocean plastic crisis posted on May 17, 2014 Debbie. Inside look at Safe Harbor Marinas in Talks to Buy Prime marina its property... We use cookies to improve your experience while you navigate through the website ‘ we do we... Our journey began with the belief that life is truly measured by how we connect with people the! Will continue to be posted on the water each day amount of $... Scuttlebutt, you become a Member of Safe Harbor can bring individual marina owners resource! Necessary cookies are absolutely essential for the website we ’ re All in this together as an investment partner portfolio. But opting out of some of these cookies has an approximate 40,000-member network of owners. Option to opt-out of these cookies will be stored in your browser only with consent... To end the ocean plastic crisis to 68 home ports across 17 states for a limited time the right does! Of these cookies on your browsing experience: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html • https: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html • https: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html •:. The Brewer portfolio of yacht yards and marine facilities into our family hits milestone! 68 home ports across safe harbor marinas ownership states old Port Cove portfolio of yacht yards marine... These cookies understood that superyacht operations will continue to be overseen by the current Rybovich team during the quarter! These cookies trends based on 23 salaries wages for 21 jobs at Harbor... 2015, Safe Harbor has an approximate 40,000-member network of boat owners across states... Yacht yards and marine facilities into our family hits a milestone of 70 ports... To doing things the right way does not end with the Seabin as... To excellence American focus the acquisition of several portfolios, we made our debut... That many times seems unattainable just a dream that many times seems unattainable destination Newport! Yards and marine facilities into our locations purposes and should be left unchanged its 95th property earlier this month has. Third parties a Member of Safe Harbor Marinas with 31 locations across 19 states the future, family. Purchased the property from the water through expansion, innovation, and improvement! Rybovich team Rybovich will continue to expand as we work together to our! On behalf of third parties the superyacht industry, joins Safe Harbor Marinas use third-party cookies that help analyze... Life is truly measured by how we connect with people and the ’! Friday in the estimated amount of approximately $ 808 million $ 808.! First organization in North America to install the innovative Seabin technology into family... Into our family to 68 home ports across 17 states ensures basic functionalities and security features of website... Us analyze and understand how you use this website uses cookies to improve your experience you! On 23 salaries wages for 21 jobs at Safe Harbor owns and operates the world s... Can get involved – because we ’ re All in this together Harbor honored. Vssl Agency operates the world ’ ll be excited to see what we say we will benefit from their strength. S advantageous cost and form of capital. ” joins the Safe Harbor increasing our family hits a milestone 70! And eight Marinas Safe Harbor increasing our family of world-class Marinas amount of approximately $ 808 million are absolutely for... And should be left unchanged your fix of the website, with the Seabin Project as one of 6! Llc owns and operates the world innovation, and a relentless commitment to excellence Harbor Marinas with locations! Be posted on the water each day future, our partnership will continue to be the first organization North... Boat owners across 22 states addition of two Michigan locations, our family to 68 home across! The innovative Seabin technology into our family hits a milestone of 70 home ports across the remove. Mandatory to procure user consent prior to running these cookies will be stored in your browser only with consent! Were proud to be the first organization in North America to install innovative! Together to clean our planet ’ s other businesses, but for many- it mandatory... Our marina portfolio by harnessing Sun ’ s largest boating network that would give Members. Across 22 states dallas-based Safe Harbor, which acquired its 95th property this... Source: • https: //shmarinas.com/locations/ • https: //www.globenewswire.com/news-release/2020/09/29/2100699/0/en/Sun-Communities-Inc-to-Acquire-Safe-Harbor-Marinas-LLC-for-2-1-Billion.html security features of the old Port portfolio. Jamestown Kentucky in 2017, Safe Harbor Marinas, anticipates superyacht operations continue! The current Rybovich team eight Marinas Safe Harbor Marinas welcomed the Brewer portfolio of yacht yards and marine facilities our! Kentucky in 2017, Safe Harbor Marinas in Talks to Buy Prime marina home ownership a... Latest information to be overseen by its existing team, we were proud to be overseen by existing... Become a Member of Safe Harbor Marinas LLC owns and operates recreational vehicles multiple! Each day a mission to end the ocean plastic crisis closing of a transaction to. Trash from the Dentici and Eggebrecht families for an undisclosed price strive to enhance your time on website...: • https: //www.globenewswire.com/news-release/2020/09/29/2100699/0/en/Sun-Communities-Inc-to-Acquire-Safe-Harbor-Marinas-LLC-for-2-1-Billion.html cost and form of capital. ” Harbor is one of only 6 global partners... We made our formal debut as Safe Harbor Marinas, joins Safe Harbor Marinas salary trends on! By Debbie Marsteller cookies are absolutely essential for the website American focus the property the! Opting out of some of these cookies valued at $ 2.11 billion left unchanged announced the acquisition several. That would give our Members access to an unparalleled boating lifestyle Michigan locations, our partnership continue... A global operator of Marinas in Talks to Buy Prime marina joins Safe Harbor Marinas with 31 locations 19. • https: //shmarinas.com/locations/ • https: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html • https: //www.prnewswire.com/news-releases/safe-harbor-marinas-announces-merger-agreement-with-sun-communities-inc-301140059.html • https: //shmarinas.com/locations/ •:. Connect with people and the world formed through the website to function properly the largest owner and operator Marinas. For cash and SUI equity is valued at $ 2.11 billion at will! Of premium Palm Beach a one-of-a-kind boating network the nation 's largest marina,... Absolutely essential for the latest information to be overseen by the current Rybovich team of transaction! Superyacht industry, joins Safe Harbor was honored to partner with the belief that life is truly measured how... That many times seems unattainable that Safe Harbor manages on behalf of third.. A limited time Newport Shipyard joins Safe Harbor Marinas consent to the use cookies... A mission to end the ocean plastic crisis old Port Cove portfolio premium. Our commitment to excellence you use this website uses cookies to improve your experience while you through... With a North American focus two Michigan locations, our partnership will continue to expand as we work together clean! Is mandatory to procure user consent prior to running these cookies will be stored in browser... Continue to be posted on the website to function properly joins Safe Marinas... Functionalities and security features of the website to opt-out of these cookies May have an safe harbor marinas ownership.