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Marina competition slowly fading

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Re: Marina competition slowly fading

Postby pepmyster » April 15th, 2020, 4:00 pm

Yup, got the wife to cut my hair also, Damm, she did a great job . When I got to work, people were asking where I went for the cut! Marina to get back to me, Ha! We all know whats going to happen. I like the zoom idea, another way to get hammered!
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Re: Marina competition slowly fading

Postby bud37 » May 14th, 2021, 11:04 pm

So here is a tidbit for Georgian bay folk.....seems these people are ok cash wise......MLM just added three new marinas to their repertoire...

The MLM portfolio now consists of 11 operating Marinas with approx. 3,000 in-water slips, dry rack storage for over 1,500 boats, and almost 250,000sf. of indoor boat storage space......hmmmm...
FWIW.....The above is just my opinion.
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Re: Marina competition slowly fading

Postby km1125 » May 15th, 2021, 8:16 am

On this side of the border, Safe Harbor has been buying up a lot of the marinas. Luckily, at least so far, they are putting money into most of them so they are nicer facilities. Perhaps that will encourage other owners or investors to do the same in some of the surrounding marinas. There are some pretty sad-looking facilities out there that need quite a bit of TLC.
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Re: Marina competition slowly fading

Postby Viper » May 15th, 2021, 8:44 am

bud37 wrote:Source of the post ....MLM just added three new marinas to their repertoire....
Which marinas did they aquire?
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Re: Marina competition slowly fading

Postby bud37 » May 15th, 2021, 3:18 pm

They actually have more but at least one was closed down to make a water front condo development.

Heres the link....https://boatingindustry.ca/current-news ... 9291356A3S
FWIW.....The above is just my opinion.
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Re: Marina competition slowly fading

Postby tomschauer » May 16th, 2021, 9:59 pm

I found out this weekend, that Safe Harbor is buying our marina. The sale is planned to close in the next month or two.

http://skipjackcove.com/
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Re: Marina competition slowly fading

Postby bud37 » May 17th, 2021, 10:01 am

I wonder if all this property acquisition is more about water front real estate development than running marinas...
FWIW.....The above is just my opinion.
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Re: Marina competition slowly fading

Postby Viper » May 17th, 2021, 12:43 pm

bud37 wrote:Source of the post I wonder if all this property acquisition is more about water front real estate development than running marinas...

BINGO!
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Re: Marina competition slowly fading

Postby bud37 » May 17th, 2021, 4:49 pm

Viper wrote:Source of the post
bud37 wrote:Source of the post I wonder if all this property acquisition is more about water front real estate development than running marinas...

BINGO!


Yup one of my favourite games at the CNE..... :-D
FWIW.....The above is just my opinion.
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Re: Marina competition slowly fading

Postby RGrew176 » May 18th, 2021, 7:50 am

My marina Gibraltar Boat Yard has just been sold. Waiting to see what if any changes will occur under the new owner.
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