Tallahassee, FL – Edgecap Partners LLC (“Edgecap”), an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce a debt placement in the amount of $1.6 million. Proceeds were used to refinance existing debt at Chapel Hill apartments and return invested capital to its equity investors in Edgewater Valley Forge Fund LP, in which Edgecap is a Partner.
Debt placement was arranged by Alison Williams, Vice President of Walker & Dunlop.
Founded in 2008, Edgewater is a boutique multidisciplinary real estate Firm that provides distressed advisory, management and value-add investment services. Edgewater’s unique focus is on the micro and middle market segments in secondary and tertiary locations in the United States.