$10,000,000 Marina Acquisition Bridge Loan

In December 2022, Stabilis successfully provided approximately $10.0 million in funding for the acquisition of a marina located in Southampton, NY. The borrower boasts significant expertise in opening and managing marinas within the vicinity, ensuring a well-executed operation. The property itself enjoys an exceptionally favorable location with convenient access to the Shinnecock Canal and Shinnecock Bay, making it an attractive and strategically positioned investment.