Sausalito Weighs Legal Response to Pelican Harbour Takeover
LitigationJul 2026
Sausalito's council told its city attorney to look at legal claims over Cameron Razavi's takeover of the 90-slip Pelican Harbour marina, and at ways to protect slip tenants facing rent increases of 150% or more. Razavi, who owns neighboring Bridgeway Marina, took control on 1 July by buying the owners' partnership interests after the city refused him the tidelands lease that had blocked a $13.4 million purchase.
Why This Matters
Legal disputes in the marina space can affect deal timelines, valuations, and ownership structures. Proxy fights and shareholder activism increasingly shape the industry.
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