Savannah Yacht Center

Only facility in the Western Hemisphere where a 400-foot superyacht can get hauled and serviced without crossing the Atlantic. 459-foot graving dock at 24-foot depth, 3,240-ton shiplift, 366 meters of floating docks that can berth eight 80-meter superyachts simultaneously. Only $4.3M was cash — the remaining $100.6M came in Series K preferred OP units.

Seller Colonial Group (one of the largest privately held U.S. companies) built this from scratch under CEO Christian Demere. The securities-heavy deal structure suggests Demere wanted ongoing exposure to the rollup.

Per SEC filing (SUI 10-K FY2023).