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Edgecap Partners LLC Closes Equity Fund of Approx. $6.3 million

Paoli, PA – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the successful raise of Edgewater Valley Forge Fund, reaching a total fund size of approximately $6.3 million.  The fund will focus on opportunistic and/or value-add real estate assets including (but not limited to) loan notes and debt instruments…

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Edgewater Acquires The Water Street Hotel & Marina

Apalachicola, FL – Ashland Financial LLC, and affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of The Water Street Hotel & Marina (Water Street), by Panhandle Investments LLC. The acquisition encompasses 23 of the 30-unit condo-hotel. Opened in 2008, this approximately 80,000 square foot property boasts spacious one and two bedroom…

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Hospitality (Limited Service) Receivership Appointment

Sussex County, DE– Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for the Seaside Inn Hotel, owned by Tekmen & Taraila, LLC, located in Fenwick Island, DE. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services. Edgewater’s unique…

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Fitness Center Receivership Appointment

Lackawanna County, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for Core Fitness Studio, owned by Shale Holdings Inc., in Scranton, PA. 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…

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Commercial Industrial Receivership Appointed

Broward County, FL– Ketan Vora of Sunbelt Receivers LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a commercial industrial property owned by Lauderhill Business Center, LLC, located in Lauderhill, FL. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services.…

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Office Asset Receivership Appointment

Luzerne County, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for an office building owned by James Lagana & Lagana Enterprises, Inc, located in Hazle Township, PA.   Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment…

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Multifamily Asset Receivership Appointment

Luzerne County, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a multi-family asset owned by James Lagana & Lagana Enterprises, Inc, located in Butler Township, PA. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services.…

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Mobile Home Park Receivership Appointed

Luzerne County, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a mobile home park owned by James Lagana & Lagana Enterprises, Inc, located in Hazle Township, PA. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment…

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Commercial Asset Receivership Appointment

Luzerne County, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a commercial/industrial property owned by James Lagana & Lagana Enterprises, Inc, located in Hazle Township, PA. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services.…

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Retail Receivership Appointment

Luzerne County, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a retail asset owned by James Lagana & Lagana Enterprises, Inc, located in Hazle Township, PA. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services.…

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