Bareboat charter enthusiasts understand that two Florida docks are the latest to fall victim to tough economic times.
This is a popular overnight anchorage for bareboat sailors. It foreclosed in what is one of the largest commercial foreclosure amounts in the city this year. This report comes from a local report by TCPalm.
The owner, Damien Gilliams, also owns the Paradise Marina and the No Name Sports Bar. These enterprises are all located in Indian River County. As of last Friday, Gilliams was trying to sell both Flagship and Paradise marinas.
The Hideaway Marina Limited Partnership at Pompano Beach, Florida, filed for Chapter 11 last Friday, according to a report on MSN.com.
If you are planning an upcoming bareboat charter in the Pompano beach area – don’t panic. This mooring is operating, and the bankruptcy petition states the business has been in the hands of a receiver since June.
This entry was posted in Yacht Charter News Educational and tagged bareboat charter, bareboat charter florida, The Flagship Marina, The Hideaway Marina Limited Partnership, bankruptcy, Pompano Beach yacht charter, msn.com, marina foreclosuresPosted on