In today’s market, buyers think in terms of income optimization through efficient operations and/or redevelopment plays. Individual marinas are being added to existing portfolios to create critical mass and assemblage value. Each property use has its own risk and reward drivers. Therefore, each profit center must be carefully analyzed in order to build a blended cap rate.
For lenders, Newmark Knight Frank V&A brings confidence to the lending process. Our years of experience, vast data bank and personal relationships with many of the most active marina players in the market allow us to analyze each transaction from a balanced perspective.