The document outlines Suntex's strategy and opportunity in acquiring marina properties. It highlights the company's experience, current properties, and the advantageous market conditions for acquiring high-quality marina assets. Key points include fragmented ownership, high barriers to entry, attractive cap rates, and a pathway to public markets through a REIT structure. Suntex aims to capitalize on these conditions to institutionalize the marina real estate sector.
documents/vol00010-efta01461037-pdf.pdf
{"title":"The Opportunity - Suntex Marina Acquisition","document_type":"correspondence","key_locations":["Quincy, MA","Jersey City, NJ","Fort Myers, FL","Rockwall, TX","Portsmouth, VA"],"key_organizations":["Suntex"]}