More Info »"/>

The Triton

Where in the World

Rybovich refinanced

ADVERTISEMENT

Florida Community Bank announced in January that it has provided a $65 million loan to refinance existing debt at Rybovich, the 69-slip megayacht marina and repair facility in West Palm Beach. The bank also provided the yard with a $2.5 million line of credit.

“As a Florida-based, Florida-focused bank, we are extremely proud of the opportunity to work with Huizenga Holdings and Holliday Fenoglio Fowler to provide comprehensive financing for one of the leading enterprises within the marine industry,” said Kent Ellert, FCB’s president and CEO.

Rybovich Boat Company is controlled by Huizenga Holdings. Located on the Intracoastal Waterway, the marina offers direct access to the Atlantic Ocean and can accommodate deep-draft yachts up to 330 feet.

 

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

Editor’s Picks

New restrictions to affect travelers to U.S., UK from eight countries

New restrictions to affect travelers to U.S., UK from eight countries

By Dorie Cox New restrictions on airplane travel to the United States and United Kingdom from several countries in the Middle East may …

PBIBS17: On the docks on Wednesday, prep day

PBIBS17: On the docks on Wednesday, prep day

Captains and crew cleaned, polished and decorated yachts on a busy prep day to prepare for Thursday’s opening of the 32nd annual Palm …

General manager at Miami Beach Marina, Jorge Kates, dies

General manager at Miami Beach Marina, Jorge Kates, dies

By Dorie Cox Jorge E. Kates, general manager of Miami Beach Marina (MBM), died March 18 at home in Miami. He was 63. "He was the face …

Yacht crew dies in accident on S/Y Germania Nova

Yacht crew dies in accident on S/Y Germania Nova

By Dorie Cox Deckhand Bethany Smith, 18, died in an accident onboard S/Y Germania Nova, a 181-foot schooner, on March 14 in Jamaica. She …