Marinas, dry-stack boat storage, and RV/boat storage facilities are specialty commercial real estate that most banks decline outright — the income model (slip rentals, storage fees, fuel dock revenue) doesn't fit a standard commercial underwriting box. We finance these deals directly, on the property's real income and location, with the speed a marina purchase or refinance actually needs.
Texas has thousands of miles of coastline and reservoir shoreline — Lake Travis, Lake Conroe, Lake Texoma, the Gulf Coast from Galveston to South Padre — and demand for wet slips, dry-stack storage, and boat/RV storage yards has outpaced supply in most of these markets for years. But marinas and storage facilities carry operational risk factors (seasonal revenue swings, environmental/wetland exposure, fuel dock liability, aging bulkheads and docks) that push most conventional and SBA lenders to decline the asset class entirely, regardless of how strong the actual occupancy and revenue numbers are.
What We Finance
Wet Slip Marinas
Purchase or refinance of operating marinas with dockage, fuel, and service income
Dry-Stack Storage
Indoor/rack boat storage facilities — purchase, refi, or expansion
Boat & RV Storage Yards
Outdoor covered/uncovered storage lots with fenced, gated access
Marina Redevelopment
Value-add acquisitions needing dock, bulkhead, or facility upgrades
Strong Underwriting Profile
Documented slip/storage occupancy and rate history — rent roll or POS revenue reports
Bulkheads, docks, and floating structures in serviceable condition with no deferred maintenance backlog
Clear title with resolved submerged-land lease or riparian rights documentation
Fuel dock and environmental compliance current (tank testing, spill containment)
Location on a stable or growing lake/coastal market with limited new supply
Harder to Finance
Unresolved submerged-land lease disputes with a river authority or the GLO
Significant hurricane/flood damage history with no completed repairs
Environmental contamination flags from fuel storage without remediation records
Speculative ground-up marina construction with no operating history
Facilities in declared floodway with unresolved permitting issues
Purchase, Refinance, or Cash-Out for Facility Improvements
Marina and storage operators often need capital a rigid bank use-of-funds policy won't accommodate — adding dry-stack racks, replacing aging bulkheads, buying out a partner, or funding a fuel dock upgrade. We structure purchase, refinance, and cash-out deals against the facility's real value and income, without the environmental-risk-averse box-checking that sinks most marina loan requests at conventional lenders.