S3 Capital Provides $131.5M Construction Loan to Edge Property Group for Washington Heights Student Housing

S3 Capital Provides $131.5M Construction Loan to Edge Property Group for Washington Heights Student Housing

Jun 1, 2026

Deal Summary

Edge Property Group secured a $131.5 million construction loan from S3 Capital to fund a 28‑story, 276‑unit student housing project at 465 West 165th Street in Washington Heights, Manhattan. The financing also refinances existing debt and expands S3’s presence in the student housing sector. Institutional Property Advisors negotiated the loan on behalf of Edge Property Group.

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