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April 30, 2019 – Edgecap Partners II LLC, an affiliate of Edgewater Group LLC (“Edgewater”) is pleased to announce the refinancing of the Valley Crossings by TPIS LLC. Valley Crossings was purchased by TPIS LLC in May 2016 for $600,000. With this refinancing the property was appraised at $1,500,000. Edgecap partners II LLC was able…
January 31, 2019 – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”) is pleased to announce the refinancing of the Hilton Hampton Inn & Suites in Stone Mountain, GA. The property was purchased by SM Investors LLC in June 2015 for an “all-in” purchase price of $7,000,000. With this refinancing the property was…
November 14, 2018 – Edgecap Partners II LLC, an affiliate of Edgewater Group LLC (“Edgewater”) is pleased to announce the refinancing of the Edgewater Corporate Center by North Monroe Properties LLC. Edgewater Corporate Center was purchased by North Monroe Properties LLC in April, 2016 for an “all-in” purchase price of $9,600,000. With this refinancing the…
Mobile, AL – Edgecap Partners III LLC, an affiliate of Edgewater Group LLC, is pleased to announce the acquisition of two Marriott hotels, the TownePlace Suites and the Fairfield Inn and Suites both located in Mobile, AL by Montlimar Hospitality LLC and Service Hospitality LLC, wholly owned subsidiaries of Edgewater Valley Forge Fund III LP.…
Paoli, PA –Edgewater Group LLC (“Edgewater”), is pleased to announce its Third Real Estate Private Equity Fund has been launched! A micro-cap (deal sizes up to $15 million) fund focused on opportunistic and value-add income producing properties. Multiple asset classes including but not limited to hospitality, retail, residential, office, mixed-use and student housing in secondary…
Destin, FL- Edgecap Partners II LLC, an affiliate of Edgewater Group LLC, is pleased to announce the acquisition of the Sleep Inn located in Destin, FL by EC Hospitality LLC, a wholly owned subsidiary of Edgewater Valley Forge Fund II LP. The Sleep Inn is in walking distance to Miramar Beach and directly across the…
PAOLI, PA – Edgewater Group LLC (“Edgewater”), is pleased to announce its recent hire of Chris Caruso as Director of Facilities Management. Chris joins Edgewater with many years’ experience in Project and Facilities Management for Durham Press Inc. in addition to having diverse, hands on experience in fabrication and physical plant operations. Chris will handle…
Effective October 1 Sunbelt Asset Management LLC, an Edgewater Group LLC company, has taken over management of the Wyvern Hotel in Punta Gorda, Florida. The Wyvern is a 63 room full service boutique hotel with 88 Keys Florida, a recently re-branded fine dining piano bar and restaurant on the first floor and Perch 360 a…
Tallahassee, FL- Edgecap Partners II LLC, an affiliate of Edgewater Group LLC, is pleased to announce the acquisition of the TownePlace Suites by Marriott, Tallahassee, FL by Capital Circle Properties LLC. The TownePlace Suites by Marriott is a extended stay hotel located within 5 miles of Downtown Tallahassee, Florida State University, Florida A&M University, Governor’s…
Punta Gorda, FL – Edgewater Events LLC (“Edgewater Events”), an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce its recent hire of Matt Nemec as Director of Market Development for Edgewater Events. Matt will be the driving marketing force behind increasing the overall awareness of Edgewater Events initiatives in the business community and…