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Edgewater Acquires The Wyvern Hotel

Punta Gorda, FL – Edgecap Partners II LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of The Wyvern Hotel in Punta Gorda, FL, by Wyvern Hospitality LLC (“Wyvern”), a subsidiary of Edgewater Valley Forge Fund II LP. This full-service upscale boutique hotel includes 63 guest rooms, a 650-square foot…

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Title Agency Receivership Appointment

Sumter County, FL – Ketan Vora of Sunbelt Receivers LLC, an affiliate of Edgewater Group LLC (“Edgewater), has been appointed as a Receiver for Guardian Land Title & Escrow Services, Inc in Bushnell, FL. Founded in 2008, Edgewater is a boutique multidisciplinary real estate Firm that provides distressed advisory, management and value-add investment services. Edgewater’s…

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Hospitality – Limited Service Hotel Management Receivership Appointment

Windsor Locks, CT – Edgewater Asset Management LLC, an affiliate of Edgewater Group LLC (“Edgewater”) completed the transition of hotel management of the 165 room Hillspoint Hotel & Conference Center, located in Windsor Locks, CT (“Hotel”) as part of Edgewater’s Client successfully completing the sale of the Hotel. During its management of the Hotel, Edgewater…

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Edgewater Acquires Two Retail Centers

Tallahassee, FL – Edgecap Partners II LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of two retail strip centers in Tallahassee, FL, by TPIS LLC, a subsidiary of Edgewater Valley Forge Fund II LP. The two parcels make up a total of approximately 26,000 square feet and are currently…

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Edgewater Acquires Cedars Office Park

Tallahassee, FL – Edgecap Partners II LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of Cedars Executive Office Park in Tallahassee, FL, by North Monroe Properties LLC, a subsidiary of Edgewater Valley Forge Fund II LP. Cedars is approximately 129,000 square feet of office space positioned in the path…

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$1.5 million Debt Placement Received

Paoli, PA – Edgewater Group LLC (“Edgewater”), a manager for Paoli Town Center (PTC), is pleased to announce a debt placement in the amount of $1.5 million. Proceeds were used to refinance existing debt at the PTC and return invested capital to its equity investors. Debt placement was arranged by Alison Williams, Vice President of…

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$2 million Debt Placement Received

Tallahassee, FL –  Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce a debt placement in the amount of $2 million. Proceeds were used to refinance existing debt at Coombs Inn & Suites and return invested capital to its equity investors in Edgewater Valley Forge Fund LP, in which Edgecap…

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$1.6 million Debt Placement Received

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…

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Edgecap Partners II LLC Closes Equity Fund of Approx. $14 million

Paoli, PA – Edgecap Partners II LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce its successful completion of the fund raising of its second equity fund, Edgewater Valley Forge Fund II, reaching a total fund size of approximately $14 million. The fund will focus on opportunistic and/or value-add real estate assets…

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Commercial Industrial Receivership Appointment

Lackawanna, PA – Edgewater Advisors LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a commercial industrial property, owned by Insite Dunmore (O’Neil), LLC. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services. Edgewater’s unique focus is on the micro…

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