Fireside Investments, D1 Capital Partners, And Makena Capital Management Provide $645M Loan For Marina In Palm Beach Gardens, Fort Lauderdale, Tampa & Tierra Verde, FL

A loan in the amount of $645,000,000 has been secured for a marina in Palm Beach Gardens, Fort Lauderdale, Tampa, and Tierra Verde, Florida. The lenders involved in the transaction are Fireside Investments represented by Jon Langer, D1 Capital Partners represented by Dan Sundheim, and Makena Capital Management. The landlord of the marina is PORT 32 Marinas LLC represented by Joe H. Miller IV. The brokers involved in the deal are Dustin Stolly, Jordan Roeschlaub, and Chris Kramer of ewmark.

Summary of transaction details

• Property Type: Marina
• Transaction Amount: $645,000,000
• Date: 08/2021
• Market: Palm Beach Gardens, Fort Lauderdale, Tampa, and Tierra Verde, Florida

This transaction involved several key individuals and companies. Jordan Roeschlaub, Dan Sundheim, Jon Langer, and Dustin Stolly were instrumental in securing the loan for the marina. They were joined by Chris Kramer as representatives of ewmark. Fireside Investments, D1 Capital Partners, and Makena Capital Management provided the necessary funding. Joe H. Miller IV represented PORT 32 Marinas LLC as the landlord of the property.