NexPoint Launches $42.7M Marina Delaware Statutory Trust Offering
Alternative investment firm NexPoint has launched NexPoint Marina DST, a Delaware statutory trust offering. The offering is backed by two full-service marina properties: Eufaula Cove Marina in Eufaula, Okla., and Grafton Harbor in Grafton, Ill.
With a total acquisition cost of approximately $38.7 million and seeking to raise $42.7 million from accredited investors, NexPoint Marina DST is backed by marina assets that the firm said benefit from steady boating demand and limited new supply.
Eufaula Cove Marina, located on Lake Eufaula – the largest lake located entirely within Oklahoma – features a comprehensive dock system, 459 marina slips and eight jest ski slips, along with multiple ancillary revenue sources including fuel, food and beverage, retail sales, and a Jellystone-branded RV and cabin resort. According to the company, the marina benefits from high occupancy, consistent regional tourism, and diverse income streams.
Grafton Harbor, situated along the Mississippi River near its confluence with the Illinois River, is a hospitality-oriented marina with 252 marina slips and 25 jet ski slips, fuel services, a floating pool, and strong transient demand from river travelers. Its location just 38 miles north of St. Louis positions it as both a regional destination and a critical stop along one of America’s most significant inland waterway systems.
“This offering reflects our focus on delivering differentiated institutional quality real estate through tax advantage structures,” said Taylor Colbert, director of real estate for NexPoint. “Marinas are supported by durable demand, high tenant retention, and meaningful barriers to new supply, making them a compelling real estate category over the long term.”
According to NexPoint, the U.S. marina industry benefits from sustained recreational boating participation, structural supply constraints, and high tenant retention. Waterfront development barriers, environmental permitting complexity, and scarcity of suitable land continue to limit new marina construction, supporting occupancy and pricing strength for existing assets, the firm said.
NexPoint is a Dallas-based multibillion-dollar alternative investment firm comprised of a group of investment advisers and sponsors, a broker-dealer, and a suite of related investment vehicles.
In December 2025, NexPoint fully subscribed its NexPoint Life Science II DST, which raised nearly $42 million in equity since its spring 2023 launch. Also that month, the company launched NexPoint Outlook DST, a $32.9 million offering tied to a multifamily property in Birmingham, Ala.
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