Edge House Residences Secures $10M Bridge Loan as Private Financing Surges in Miami’s Condo Market

The financing landscape for Miami’s luxury condo developments is evolving, and Edge House illustrates how projects are moving forward under the new playbook. With traditional banks tightening lending standards, private lenders like Vaster and Winston Capital are stepping in — most recently closing a $10 million bridge refinance loan for Edge House, pushing their joint transactions past $100 million.

A New Chapter for Edge House in Edgewater

Located at 1837 NE 4th Avenue, Edge House is a planned 57-story luxury tower that broke ground in March 2025. Designed by Kobi Karp Architecture & Interior Design, with interiors by Adriana Hoyos Design Studio, the project will deliver 592 fully furnished residences across 870,000 square feet of space. Each home is short-term rental–friendly and integrated with a built-in booking system, catering to the rising demand for flexible ownership models in Miami’s condo market.

Residences will be priced from the mid-$500,000s to approximately $1.9 million, offering investors and end-users alike access to a rare opportunity in the built-out Edgewater district. At sell-out, Edge House is projected to achieve between $400 million and $500 million in value, with completion slated for late 2028.

Why Private Financing Matters

The $10 million bridge loan, arranged for Meridian Real Estate Group LLC (led by Grupo T&C), will fund pre-development and entitlement work, including design, permitting, and site planning. This early-stage capital ensures project momentum while maximizing zoning potential in one of Miami’s most competitive neighborhoods.

The deal underscores the growing role of private lenders like Vaster and Winston Capital in advancing Miami’s next condo cycle. By backing one of Edgewater’s last high-density waterfront sites, they are positioning themselves as key players in shaping the city’s skyline.

Resort-Style Living with Investor Flexibility

Edge House is one of the few new luxury condo towers in Miami designed with short-term rentals in mind. Fully furnished residences, paired with world-class amenities—including two pools, a spa, a sky lounge, co-working spaces, a fitness center, and landscaped gardens—deliver the resort-style living buyers expect.

With Douglas Elliman handling sales and Thornton Construction as general contractor, the development team has brought together some of Miami’s most respected firms to execute the vision.

Prime Location in Edgewater

Situated across from Margaret Pace Park and steps from Biscayne Bay, Edge House offers residents unmatched walkability and access to Miami’s cultural and economic hubs. The project is minutes from Wynwood, the Design District, Midtown, and Downtown Miami, making it a premier address for buyers seeking both convenience and lifestyle.

The Bigger Picture: Private Lending Fuels Miami Growth

Together, Winston Capital and Vaster have now closed more than $100 million in private lending deals, signaling a broader trend in Miami condo financing. As developers pursue ambitious towers in land-constrained districts like Edgewater, private capital is proving essential to keep projects on track.

For Edge House, this financing milestone not only ensures steady progress but also highlights the project’s role as a flagship for Miami’s evolving real estate market.