The Mariner Group of Affiliated Companies
Javascript DHTML Drop Down Menu Powered by dhtml-menu-builder.com

The Mariner Group Profile

The Mariner Group of Affiliated Companies has specialized in high quality residential and recreational real estate development in Florida and The Bahamas from the early 1970’s to the present. Its primary focuses were the vacation islands of Sanibel, Captiva, Fort Myers Beach, and Marco Island on the west coast of Florida, selected locations in the Tampa / St Petersburg Beach area and on Florida’s east coast, and, more recently, the Bahamas.

A brief summary of its activities includes:

Experience

Resort Hotels
Mariner developed, and owned 10 Florida beachfront resort hotels including the internationally recognized South Seas Plantation Resort & Yacht Harbour on Captiva Island; all managed by Mariner owned South Seas Resorts Company. These properties were sold in 1998 to MeriStar Hospitality, Inc., a hotel REIT traded on the New York Stock Exchange and have been subsequently resold to Blackstone, the private equity firm that has made significant hospitality investments in recent years. More recently, Mariner developed and operated the Old Bahama Bay Resort & Yacht Harbour at West End, Grand Bahama Island and participated in the development and operation of the Tradewinds Resort on St. Pete Beach, Florida.

Second Home Condominiums
Mariner developed approximately 2,000 resort condominiums in Florida and The Bahamas, many of which were enrolled in the company’s Home & Villa rental programs.

Timeshare and Fractional Ownership
Mariner developed approximately 1,000 5-Star timeshare condominiums in 20 separate projects. Mariner later became a 50% partner with Hilton Hotels Corporation and developed Hilton branded timeshare projects in Orlando and Las Vegas. Mariner’s interest in this company was sold to Hilton in 1996. More recently, Mariner developed a luxury timeshare / fractional ownership project at South Seas Island Resort.

Golf Course Communities
Mariner developed three high quality golf course communities in the Southwest Florida area.

Boutique Shopping Centers
Mariner developed three award-winning boutique shopping centers on Sanibel and Captiva Islands and in Fort Myers, Florida.

Office Buildings
Mariner developed two Class A office building complexes in Fort Myers, Florida.

Hospitality Asset Management
Mariner, through its Mariner Advisory Group affiliate, provided hospitality asset management services to WCI Communities for their two luxury condo-hotel resorts – the Resort at Singer Island (a Starwood Luxury Collection Resort) on Singer Island, Florida and The Regent Bal Harbor Resort in Bal Harbor, Florida. These properties were successfully sold in 2009.

Real Estate Services
Mariner developed the largest general real estate brokerage company in Southwest Florida. It was supported by its own title insurance company, commercial and residential property management companies, and commercial investment company. Mariner also owned its own general contracting company to build its projects and to build for other developers. These companies were sold to their management teams in the late 1990’s and early 2000's.

Securities Offerings
Mariner organized, issued, marketed, and sold four public and eighteen private debt and equity securities offerings including seven real estate syndications that invested in hotels, shopping centers, and office buildings in Florida. These were liquidated in the late 1990’s.

Current Activities

Real Estate Marketing and Sales Services
Mariner, through its Mariner Advisory Group affiliate, is providing real estate marketing and sales services to the Old Bahama Bay Resort and Yacht Harbour at West End, Grand Bahama Island, The Bahamas, The South Seas Island Resort on Captiva Island, Florida, and the Lost Key Plantation Resort and Club on Perdido Key, Florida.

Development Management and Restructuring Services
Mariner, through its Mariner Advisory Group affiliate, is providing a variety of development management and restructuring services to developers and lenders of mixed use real estate projects in Florida and The Bahamas including the Old Bahama Bay Resort & Yacht Harbour at West End, Grand Bahama Island, the Chub Cay Club in the Berry Islands of The Bahamas, The Ocean Reef Club in Key Largo, Florida, a large hotel and timeshare project in Orlando, Florida, and a beachfront hotel and timeshare project at Lost Key Plantation on Perdido Key, Florida.

Furniture Retailing and Hospitality Interior Design
Mariner, through its affiliation with The Lubner Group, is providing interior design services and fine furnishings retail sales to customers world wide. The Lubner Group offers design, purchasing, manufacturing, shipping, warehousing, and installation services to the hospitality and vacation ownership industries.

Summary
Mariner’s business operations are characterized by the quality and value of the products and services offered to its customers. Its management and staff are trained professionals who take pride in being “the best that they can be”. The company has developed a reputation for honesty and integrity in all its business operations, and is known for its focus on fiscal stability and responsibility.