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 multidisciplinary real estate Firm that provides distressed advisory, management and value-add investment services. Edgewater’s unique focus is on the micro and middle market segments in secondary and tertiary locations in the United States.