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Monarch Alternative Capital Launches Investment in Marinas, RV Resorts

Firm’s New Unit Recapitalizes Two Portfolios Owned by Safe Harbor Development
The Bay Harbor Marina in Erie, Pennsylvania, is among 11 marinas recapitalized through Monarch Alternative Capital. (CoStar)
The Bay Harbor Marina in Erie, Pennsylvania, is among 11 marinas recapitalized through Monarch Alternative Capital. (CoStar)

Monarch Alternative Capital, an investment firm with about $11 billion of assets under management, has set course for investing in new property types: marinas and recreational vehicle parks.

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