Edgewater Group

What Edgewater Group does

Edgewater Group is a privately held, family-owned boutique property group operating in the Cayman Islands, founded in 1988 and headquartered in George Town, Grand Cayman. The company operates through two complementary divisions: Edgewater Development Ltd, which provides residential and commercial construction, renovation, fit-out, and project management services, and Edgewater Properties, a CIREBA-regulated full-service real estate agency handling residential and commercial sales, purchases, leasing, and property management. Together, the two divisions form an integrated build-to-manage platform that the company describes as the only one of its kind in the Cayman Islands.

The company serves individuals, families, businesses, and off-island property owners across all three Cayman Islands (Grand Cayman, Cayman Brac, and Little Cayman). Its flagship development is The Meadows at Batabano, a 113-townhome residential community in West Bay featuring five distinct home designs (Sea Grape, Naesberry, Mango, Breadfruit, and Calabash). The firm earns revenue through four streams: commission-based real estate transactions, recurring property management fees, project-based construction and development fees, and rental placement commissions. Pricing follows local Cayman Islands market norms, with real estate commissions typically ranging from 5% to 10% of purchase price and a one-time 7.5% stamp duty applied to purchasers.

Edgewater Group distributes its services through a physical office in George Town and a direct-to-consumer website (edgewater.ky) that supports property search, listings, and newsletter subscriptions. The company is owned and operated by Kris and Debi Bergstrom and their family members, with no external institutional investment, private equity, or venture capital backing. It maintains CIREBA membership for regulatory compliance and is not publicly traded. The business model is relationship-driven, with notable clients including hospitality operators (Hemmingways Restaurant, The Lobster Pot) and individual custom-home buyers.

Name

Edgewater Group

Legal name

Edgewater Development Limited

Website

https://edgewater.ky

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

11–50 employees

Short description

Edgewater Group is a family-owned boutique property company in the Cayman Islands operating two integrated divisions: Edgewater Development (residential and commercial construction) and Edgewater Properties (CIREBA-regulated real estate agency), serving buyers, sellers, and off-island property owners across all three Cayman Islands.

Ownership category

akta.pro rank

Product category

Real Estate Services

NAICS

Rental and Leasing Services (532), Other Activities Related to Real Estate (53139)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Residential real estate
• Property management
• Construction services
• Commercial construction
• Property development

Headquarters

HQ city

George Town

HQ country

Cayman Islands

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Real Estate Sales and Purchases: Commission-based real estate sales and purchasing services. Edgewater Properties facilitates property transactions as a CIREBA-regulated agency, earning commissions on completed sales.
2. Property Management Services: Property management services for both off-island and local clients, providing ongoing management fees.
3. Construction and Development: Building, renovation, fit-out, and project management services for residential and commercial projects across all three Cayman Islands.
4. Property Rental and Leasing: Rental and leasing services connecting tenants with properties, earning commissions on successful placements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Edgewater Group operates two complementary divisions in the Cayman Islands: Edgewater Properties, a CIREBA-regulated full-service real estate agency handling residential and commercial sales, purchases, leases, and property management; and Edgewater Development Ltd, which provides residential and commercial construction, fit-out, and renovation services. Together, the divisions deliver integrated property services spanning building, buying, selling, renting, and ongoing management across all three Cayman Islands.

Product overview

Edgewater Group is a boutique property group operating two distinct but complementary divisions in the Cayman Islands: Edgewater Properties (a CIREBA-regulated full-service property agency handling residential and commercial sales, purchases, leases, and property management) and Edgewater Development (a construction company providing residential construction, commercial construction, renovations, and fit-out services). The company's flagship development is The Meadows at Batabano, a 113-home residential community in West Bay. Together, these divisions enable Edgewater Group to offer comprehensive property services from building and development through buying, selling, renting, and property management.

Differentiator

Problem solved

Functional benefit

Brands

• Edgewater Development: Construction and property development division offering residential construction, commercial construction, fit out, and renovation services.
• Edgewater Properties
• The Meadows at Batabano

Products and services

• Edgewater Properties A full-service CIREBA-regulated property agency offering residential and commercial sales, purchases, leases, and property management services across all three Cayman Islands, serving both local and international clients.
• Edgewater Development A construction and development company offering residential construction, commercial construction, renovations, and fit-out services for projects of any size across the Cayman Islands, distinguished by its design-led approach.
• The Meadows at Batabano A 113-townhome residential development in West Bay, Grand Cayman featuring community amenities, with townhome designs named Sea Grape, Naesberry, Mango, Breadfruit, and Calabash, ranging from 660 to 2,367 square feet with one to three bedrooms.
• Property Management Property management services for both off-island and on-island clients, handling rental properties, tenant coordination, and maintenance oversight.
• Rental Services Long-term and short-term rental assistance including property finding, lease negotiation, and utility setup guidance for tenants and landlords across the Cayman Islands.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• CIREBA (Cayman Islands Real Estate Brokers Association)coreOthersEdgewater Properties is a proud member of CIREBA, the Cayman Islands Real Estate Brokers Association. This regulatory membership ensures the company adheres to professional standards and codes of conduct in real estate transactions across the Cayman Islands.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Sea Glass Properties (Cayman): Boutique Cayman real estate agency focused on luxury and vacation rental inventory — partial overlap with Edgewater's rental and luxury-segment offerings in the same geography.

Direct peers

• ERA Cayman: Cayman-based real estate agency providing residential and commercial sales, rentals, and property management — directly competitive with Edgewater's agency division.
• Century 21 Cayman Islands: International franchise brokerage operating in the Cayman Islands, offering sales, rentals, and management competing for similar residential and commercial mandates.
• RE/MAX Cayman Islands: Globally affiliated Cayman brokerage offering residential sales, rentals, and property management services — directly overlapping Edgewater Properties' core offerings.
• Coldwell Banker Cayman Islands: Branded Cayman real estate firm competing for CIREBA-regulated residential and commercial transactions, with comparable listing, leasing, and management services.
• Cayman Islands Sotheby's International Realty: Luxury-branded Cayman real estate brokerage competing for high-end residential and international buyer mandates across Grand Cayman and the sister islands.
• Provenance Properties (Cayman): Boutique Cayman Islands real estate agency offering sales, rentals, and property management — directly comparable in scope and scale to Edgewater Properties and competing for the same CIREBA-regulated buyer/renter pool.

Broad incumbents

• Dart Realty (Cayman Islands): Largest Cayman real estate developer, best known for the Camana Bay master-planned community — a broad incumbent competing with Edgewater Development on larger residential and mixed-use projects.

Others

• Cayman Property Centre: Cayman's largest MLS-style property listing portal used by local brokerages including Edgewater Properties — overlapping ecosystem participant on listings and lead generation.

Regional players

• The Phoenix Group (Cayman): Cayman real estate development and investment firm active in commercial and residential projects — adjacent competitor to Edgewater Development with overlap in fit-out and construction services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Edgewater_Group
• Facebookfacebook.com/edgewatergroupltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Edgewater Group