Suntex Marina Investors Llc Secures Investment Capital for Growth and Consolidation

Suntex Marina Investors LLC (Suntex), an owner and operator of marina properties, announced today that it raised over $200 million of equity commitments in a series of private placement transactions.

As part of the transaction, Suntex has also acquired the assets and personnel of Suntex Waterfront Advisors (SWA), a premier manager of marina properties. The combination of equity commitments and third-party debt financing will provide Suntex with over $500 million of buying power to acquire domestic marinas.

The Company also announced that Bill Anderson, president of Westrec Marinas, has joined the Suntex Board of Directors and brings with him over 30 years of marina industry experience. Westrec is the largest manager of marinas in the country with such prestigious assets as the Harbour Towne Marina in Fort Lauderdale and Holiday Marina on Lake Lanier, as well as the management of the Chicago Harbors for the City of Chicago.

“We see Suntex as the primary consolidator in the industry, with a focus and culture very similar to our own,” said Bill Anderson. “Suntex Marina Investors has an excellent leadership team that will provide the foundation for continued success in the marketplace.”

Suntex CEO Johnny Powers stated, “With the completion of this capital raise, we are financially poised for rapid growth. Increasing our portfolio will not only benefit investors, but we are confident that by extending our high standards of customer service to additional marinas, the boating public will also benefit from the Suntex approach: Improve the customer experience by offering superior hospitality services that are unique in the marina industry.”

Deutsche Bank Securities Inc. acted as the sole placement agent for the financing.

About Suntex

Suntex is a recently formed Delaware limited liability company that engages in the ownership and management of marina properties. On July 31, 2015, Suntex acquired substantially all of the assets of SWA and, as a result, acquired the Suntex management platform, including SWA’s management contracts. The principals of SWA, who are now the executive officers of Suntex, have over 100 years combined experience investing in, acquiring and managing marinas. Through the acquisition of the SWA platform, the Company currently manages 24 marina properties and intends to leverage the Suntex marina ownership and management platform to capitalize on the fragmentation in the marina industry by acquiring institutional quality marinas at attractive current yields. Suntex strives to enhance the customer experience at their premier destination marinas. The tools and principles that rank Suntex among the best in the marina industry include: superior customer service, experienced marina managers and staff, conscious contributions to marina communities, and general enthusiasm for creating memorable experiences on the water.

Forward-Looking Statements

This release, like many written and oral communications presented by Suntex and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of Suntex, are generally identified by use of words "anticipate," "believe," "estimate," "expect," "intend," "plan," "project," "seek," "strive," "try," or future or conditional verbs such as "could," "may," "should," "will," "would," or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results may differ materially from anticipated results. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date when made, when evaluating the information presented in this press release. Suntex assumes no obligation to update any forward-looking information contained in prior releases.

The Units sold in the Financing have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and may not be resold absent registration under or exemption from the Securities Act. The Units were offered only to accredited investors.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

For more information on Suntex Marina Investors LLC, please contact info@suntex.com or visit www.suntex.com.