Marina & Waterfront Hospitality Portfolio Acquisition

Client type: A leading global alternative asset manager
Transaction: Platform acquisition of the largest owner-operator of marina and waterfront hospitality assets in the United States
Blew’s role: National ALTA survey provider

Overview

Blew was engaged to provide ALTA Surveys across a national platform of marina and waterfront hospitality properties — one of the largest portfolios of its kind in the country, spanning [100+] assets across the U.S. from coast to coast. The engagement required Blew to deliver consistent, closing-ready surveys across a highly dispersed portfolio on a single, coordinated transaction timeline.

Scope of Services

ALTA Surveys for [100+] waterfront assets, prepared to lender and title standards and tailored to the unique demands of water-dependent real estate.

Why This Portfolio Was Different

Surveying marina and waterfront assets presents challenges that standard commercial properties do not:

• Submerged and tidal lands. Many assets sit on leased state-owned submerged lands, tidelands, or bottomlands. Accurately depicting these required careful treatment of lease boundaries and the ambiguous, movable line between upland fee ownership and sovereign public-trust waters.
• Riparian and littoral rights. Waterfront parcels carry water-access and shoreline rights that must be identified and represented correctly on the survey — issues that rarely arise on inland commercial property.
• Complex boundaries and encroachments. Docks, piers, breakwaters, and moorings extending over water demand precise field measurement and clear depiction relative to property lines, lease areas, and the water’s edge.
• Geographic breadth. With assets distributed nationwide, Blew coordinated field crews, standards, and communication across dozens of jurisdictions while holding quality and turnaround steady for the deal team.

Outcome

Blew delivered a portfolio-wide ALTA survey program that gave the acquiring institution a single point of accountability across every asset and every market — consistent, title- and lender-ready surveys delivered on a timeline that kept a complex, multi-asset closing on track.