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Loan Amount
$2,900,000
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LTV
65%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $2,900,000 bridge loan to support the acquisition of a 4-over-2 mixed-use investment property in the Harlem neighborhood of Manhattan, New York. The experienced real estate investor contributed over $2,000,000 in equity at closing, demonstrating strong borrower conviction and alignment of interests with the lender. The loan was structured at 65% LTV. The sponsor’s demonstrated investment experience, substantial equity commitment, and the property’s location in one of Manhattan’s most dynamic and actively transacting submarkets supported a disciplined and well-structured purchase money lending decision.