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Stone Mountain, GA – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of the Hampton Inn Atlanta/Stone Mountain, GA, by SM Investors LLC, a subsidiary of Edgewater Valley Forge Fund LP. The property is situated off Highway 78, centrally located between I-285 and Stone Mountain Park. Accommodations…
Read MoreApalachicola, FL – Ashland Financial LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce a debt placement in the amount of $4.1 million. Proceeds were used to refinance existing debt at the Water Street Hotel & Marina and return invested capital to its equity investors. Founded in 2008, Edgewater is a boutique…
Read MoreFlagler 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 K&R Business Investments, LLC. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services. Edgewater’s unique focus is…
Read MoreTallahassee, FL – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of four 4-BR town homes and a two-story apartment complex consisting of four, 2-BR units, by Belmyers LLC, a subsidiary of Edgewater Valley Forge Fund LP. Significant renovations are planned to reposition the properties. The property…
Read MoreHoliday, FL – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of the Fairfield Inn & Suites by Marriot® in Holiday, FL, by HOLFFI LLC, a subsidiary of Edgewater Valley Forge Fund LP. The hotel is situated just off of Highway 19 just 30 miles from the…
Read MoreSt. Joseph County, IN – Edgewater Asset Management LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a substitute Receiver for a full-service hotel/condo property owned by SB Condo, LLC, located in South Bend, IN. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment…
Read MoreTallahassee, FL – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of 14 buildings totaling 38 bedroom units in Tallahassee, FL, by Chapel Hill Partners LLC, a subsidiary of Edgewater Valley Forge Fund LP. The apartments are in a prime location, less than a half a mile…
Read MoreOsceola County, FL –Ketan Vora of Sunbelt Receivers LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been appointed as a Receiver for a limited service hotel, Shan Motel, located in Kissimmee, FL. Founded in 2008, Edgewater is a multidisciplinary real estate Firm that provides distressed advisory, management and investment services. Edgewater’s unique focus is…
Read MoreWindsor Locks, CT – Edgewater Asset Management LLC, an affiliate of Edgewater Group LLC (“Edgewater”), has been retained to manage the Hillspoint Hotel after foreclosure by a bank. 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 and middle…
Read MoreApalachicola, FL – Edgecap Partners LLC, an affiliate of Edgewater Group LLC (“Edgewater”), is pleased to announce the acquisition of the historic Coombs House Inn & Suites (Coombs) in Apalachicola, FL, by CHI Apalach LLC, a subsidiary of Edgewater Valley Forge Fund LP. Built in 1905, the Coombs is a boutique hotel with 23 rooms,…
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