Americus, GA. (October 2024) – Edgewater GroupTM LLC, a multidisciplinary real estate investment firm, proudly announces the acquisition by an affiliate, 120 North Lee QOZB LP of a historic bank building in Americus, Georgia. This acquisition marks Edgewater’s continued commitment to expanding its portfolio, which includes a diverse array of hospitality, retail, office, and residential assets.
Edgewater Group is excited to breathe new life into this circa 1900 building, transforming it into a distinctive upscale extended-stay property, Alluxsuites™ at the Vault. This development will preserve the building’s historic charm while introducing modern enhancements, setting it apart from other extended-stay options in the region.
“Alluxsuites at the Vault is designed to elevate your travel experience, blending history with contemporary comforts,” said Ketan Vora, Principal of Edgewater Group. “Our suites will offer spacious accommodations for both work and leisure, featuring state-of-the-art amenities and stylish décor to create an upscale yet affordable home away from home.”
This acquisition represents Edgewater’s vision for growth and innovation in Americus, GA, as the firm continues to develop properties that honor the past while meeting the needs of today’s travelers.
Alluxsuites at the Vault is located at 120 North Lee Street, Americus, GA 31709.
About Edgewater:
Edgewater was founded in 2008 with a focus on providing advisory services to financial institutions. Since its formation, it has grown into a 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. Edgewater’s representative clients include Federal and State Courts, lenders, investors, and micro and middle market companies. Services include but are not limited to receiverships, restructuring, turnarounds, mergers and acquisitions, and equity and debt capital placement. For more information, please visit edgewatergrpllc.com.