Analysis
The market is constantly shifting so it’s important to have the best information and analysis available, as you make decisions regarding your investment(s).
Sales Continue Through COVID-19
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...
Boat Sales (2020)
Beginning Q2 2020, recreational boating took the nation by storm and continues to be the underlying driver for marine industry growth to date. Recently hitting the milestone of accounting for 2.1% of national GDP ($460B), recreational boating specifically has an...
State of the Marina Market (2020)
Since March 2020 and well into the first half of 2021, COVID-19 affected the industry in ways no one could have predicted. While other industries were severely impacted, the pandemic quickly proved to play a strong role in the growth and success of marinas around the...
Marinas: Supply & Demand Factors
The Demand Side Occupancy One of the factors that has driven both marina use and boat sales is the demographic shift in the US from COVID. Most marinas are in suburban and rural markets. Over the last 18 months, however, there has been a flight of people from big...
Marina Industry Consolidation
Looking back at 2020 and well throughout the first half of 2021, consolidation is very much alive. At the institutional level we have seen numerous single-asset acquisitions and smaller portfolio sales; the success and outlook for these assets has captured the...
State of the Marina Market (2021)
Looking back at 2021, marinas continued to be open for business even as restrictions remained in-place for many states, largely due to marinas being designated as critical infrastructure by the Department of Homeland Security. Marina occupancies are at an all-time...
Selling: Tips for Improving Marina Appeal
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...
Safe Passage Through Hurricane Season
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...
