Cushman & Wakefield arranges $50m in programmatic JV equity for Epum Holdings

Cushman & Wakefield has served as the exclusive adviser to Epum Holdings in the procurement of $50 million in programmatic joint venture equity for the Epum Marina Partners Fund, a platform targeting marina acquisition and development opportunities across the Northeast, Great Lakes and Mid-Atlantic.

“The marina industry presents significant investment opportunities that can drive high returns,” said Steve Michels, on the Cushman & Wakefield Capital Markets team. “Given the attractive market dynamics and robust acquisition pipeline Epum has procured, we were able to attract significant institutional equity interest in what has historically been a niche real estate asset class.”

The sponsor’s expansion, targeting value-add marina properties across the Northeast, Great Lakes and the Mid-Atlantic, is fueled by a joint venture partnership with an institutional private investment management firm.

“After reviewing REIT-eligible product types that ex