Barry Bierenbaum, Gail Bierenbaum, and Mongo Holdings are excited to announce their ongoing collaboration with Keel Funds in acquiring Grande Dunes Marina in Myrtle Beach South Carolina. They are delighted with the development of their marina investment platform, now bolstered by this top-notch property. This marks the Mongo-Keel team’s second acquisition in the Grand Strand area and is anticipated to be a highlight of their expanding portfolio. With this being the third marina added to their partnership, they foresee great potential for growth in their relationship and portfolio beyond 2024.
A high quality, 150-slip marina, the property is located directly on the Intercoastal Waterway, just south of Little River, SC, near the Atlantic Pass. Aside from full-service dining and casual dining options, it also features a ship store, fuel sales, and a boat rental operation for the public. The marina is located within the beautiful Grande Dunes master development, which includes full beach access for its residents and guests.
The Mongo-Keel team is eager to uphold the highest standard at Grande Dunes Marina and drive growth through enhancements of operations and physical infrastructure in the future. As Barry Bierenbaum, CEO and Chairman of Mongo Holdings stated, “We are thrilled to collaborate with Keel Funds on Grande Dunes Marina to expand our services and integrate within the prestigious Grande Dunes Master Community.” Keel Fund’s Advisor, Bill Boden, added that the location, accessibility, appearance, and current tenants of the Marina are exceptional. The property is strategically located within the expanding area’s development, which is considered the top-tier resort and planned community in the Grand Strand region. Our team has exciting plans for further improvements at Grande Dunes Marina and its surrounding land to elevate it as a year-round destination.