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 streamlined operations and significantly reduced extremely high historical operating losses thus enabling its Client continue its ownership of the Property thru the concluded sale.
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.