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Edgewater Acquires Hampton Inn Atlanta/Stone Mountain

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…

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$4.1 million Debt Placement Received

Apalachicola, 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…

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Commercial Industrial Receivership Appointment

Flagler 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…

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Edgewater Acquires Multi-family Units by FSU

Tallahassee, 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…

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Edgewater Acquires Fairfield Inn & Suites by Marriot®

Holiday, 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…

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Hospitality/Condo (Full Service) Receivership Appointment

St. 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…

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Edgewater Acquires Student-Housing Oriented Multi-family Units

Tallahassee, 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…

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Hospitality (Limited Service) Receivership Appointment

Osceola 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…

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Hotel (Limited Service) Management Appointment

Windsor 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…

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Edgewater Acquires Historic Coombs House Inn & Suites

Apalachicola, 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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