Ari Kalton is S3 Capital’s chief financial officer, overseeing financial reporting, tax, and accounting for its real estate debt funds and implementing the firm’s compliance program. Previously, Ari held roles at DH Property Holdings and PricewaterhouseCoopers.

Betty Valouktzis joined S3 Capital as chief compliance officer in July 2025, working through Optima Partners in an outsourced capacity. Betty provides compliance guidance and has experience in U.S. securities law, regulatory compliance, and corporate governance.

Joshua Crane is a co-founder and principal of Spruce and S3 Capital. At Irongate, he developed Trump International Hotel and Tower at Waikiki Beach Walk.

Matan Kurman heads investments at S3 Capital and oversees its investment strategy. He joined in July 2014 to manage operations and underwriting, after working in acquisitions at Brookwood Financial Partners and serving as an Air Force pilot.

S3 Capital is a national construction and bridge lender. It offers dedicated capital for construction expenses and invests in Tier 1 markets, where properties have historically maintained value.

For new loan requests please email: originations@s3cap.com +1.212.300.8800 535 MADISON AVE. 19th FLOOR NEW YORK, NY 10022 info@s3cap.com

Founded in 2013, S3 Capital originated over $10.2 billion across more than 925 loans. It finances loans under $20 million and loans up to $300 million.

S3 Capital's Privacy Notice describes how it collects information from people who provide information to the Partnership or interact with it, including through its website.

S3 Capital provides **$52.5 million in construction financing** to a joint venture between **Grand Cru Real Estate (GCRE) and Visabe** for a condominium project on Manhattan’s Upper East Side. The funding supports development of a new residential tower in one of New York’s most affluent neighborhoods. The deal marks a collaboration between two real estate firms to advance high-end housing in the area.

Oct 2026Commercial ObserverNews article

Trinity Southern finalizes a $19.5 million construction loan to develop a boutique condo project on Miami Beach’s waterfront. The deal follows the acquisition of the development site, as confirmed by property records. The project targets a luxury residential segment along the city’s prime coastal location.

Oct 2026Commercial ObserverNews article

S3 Capital provides a $45 million loan to fund the construction of a new multifamily apartment complex in Williamsburg, Brooklyn. The project utilizes land owned by a local church. The financing supports residential development in the area.

Sep 2026Commercial ObserverNews article

S3 Capital targets **construction lending** in the **Sun Belt** and beyond as it seeks its next **$10 billion** in deal volume. The New York-based firm expands its focus beyond traditional markets to capitalize on regional growth. The move follows the firm’s achievement of a **$10 billion** lending milestone.

Jul 2026PRIVATE REAL ESTATENews article