Case Study | Manchester, TN

Investment Type

Purchase Money Bridge Loan

Property Description

Multifamily

Location

Manchester, TN

Loan Amount

$4,660,500

Stormfield provided a $4,660,500 purchase money bridge loan to acquire a newly constructed 30-unit multifamily property. The sponsor initially engaged a bank for financing, but the bank’s credit committee significantly reduced the loan amount late in the process. The sponsor is a seasoned local investment firm with a portfolio exceeding 1,000 units across the Sun Belt.

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Wesley W. Carpenter

Co-Founder & Partner

Wesley Carpenter is a Founder and Partner of Stormfield Capital, LLC. At Stormfield, Wes leads the firm’s investment strategy and portfolio management. He serves on both the management and investment committees and plays a central role in credit and risk oversight across the platform. Under his leadership, Stormfield has deployed over $1.75 billion, spanning the origination, acquisition, and asset management of commercial and residential bridge loans.

Wes brings more than 15 years of experience in real estate credit and structured finance. Prior to founding Stormfield, he was a Vice President at Greenwich Associates, a boutique consultancy specializing in the financial services sector, where he advised senior executives at commercial and investment banks on balance sheet optimization and the adoption of structured credit strategies. He began his career in Corporate Development at Illinois Tool Works (NYSE: ITW), where he focused on M&A and strategic growth initiatives across the firm’s global industrial portfolio

Wes holds a B.S. from Fairfield University and an M.B.A. from Binghamton University.