Puerto del Rey

Largest marina in the Caribbean by slip count. Filed Chapter 11 in 2013 with $44.3M in debt. Greenwich hedge fund Putnam Bridge bought it out of bankruptcy for $47.5M.

Safe Harbor then paid $91.9M in 2021 — roughly 2x the bankruptcy-exit price in eight years. 140-acre facility holds ~1,000 wet slips on concrete fixed piers and 750+ dry-stack spaces three-high, totaling 1,750+ vessel positions. At ~$52K per position — cheapest per-unit cost of any major Safe Harbor acquisition that year.

Built 1988, rebuilt 2014. Hurricane-resistant steel-and-cement tie-down facility. Per SEC filing (SUI 10-K FY2021).