Suntex Marinas acquires Faro Blanco in Marathon in the Florida Keys

Suntex Marinas acquires Faro Blanco in Marathon in the Florida Keys © Suntex Marinas

Suntex Marina Investors, LLC (Suntex), the premier owner and operator of best in-class marina properties, announced today its first acquisition within its new partnership with Centerbridge Capital and Resilient Capital Partners - the Faro Blanco Marina located in Marathon in the Florida Keys.

Faro Blanco is a first-class marina that offers safety, privacy, entertainment, activities, parking, convenient fuel and pump out services, dockside hookups and a resort-owned restaurant facing the marina, all in a setting with magnificent sunsets and expansive views. The Marina consists of 74 slips and accommodates vessels between 35- and 140-feet. The contiguous Faro Blanco Resort is pursuing major renovation to the hotel and grounds, with an expanded pool area, waterslide, tiki huts and more. Marina guests have full access to the hotel's outdoor amenities and restaurant.

"The Suntex team is so excited to add such an iconic destination to our premier network of marina assets," said Bryan Redmond, founder and president of Suntex Marinas. "Faro Blanco fits in perfectly with the type of location and amenities that make the Suntex experience so desirable for our customer base. We are appreciative that owners of the adjacent Faro Blanco Resort, EOS Investors, has entrusted Suntex to take the Faro Blanco Marina to a level of excellence in line with their vision for the entire property."

Faro Blanco is a desirable marina for yachting enthusiasts, situated in a spectacular setting. The location on Marathon's bay side provides a protected basin with excellent access for guests. Just one hour north of Key West and two hours south of Miami it is a perfect destination for cruising clubs and yacht rendezvous. Located near the famous Seven Mile Bridge, it provides access to the waters of the Atlantic Ocean and the Gulf of Mexico for excellent fishing, diving and pleasure boating. Situated between Islamorada and Key West in the heart of the Keys, Faro Blanco's central location is ideal for boaters and visitors, providing access to all the action and amenities that the Keys have to offer within a short distance such as, dolphin experiences, habitats, museums, private beaches, diving excursions and great restaurants.

The Suntex portfolio includes marinas located in California, Florida, Georgia, Iowa, Kentucky, Maryland, New Jersey, Oklahoma, Texas, Tennessee and Virginia. For more information on Suntex Marina Investors LLC, or the complete portfolio of Suntex marinas, please contact or visit www.suntex.com.