Edge Student Village

Edge Student Village, Temple University

Location: Philadelphia, PA

Loan Amount: $52M

Loan Type: Acquisition/Value-Add

Property Type: Student Housing

Challenge iBorrow Solved:

The financing will support significant upgrades to the property, a 798-bed, 12-story building. The updates will strategically position the community to attract student residents as campus life continues to normalize following the pandemic. The borrower’s strategic upgrades to The Edge will enhance curb appeal and will drive up resident demand, resulting in a substantial increase in net operating income.