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Loan Amount
$733,600
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LTV
70%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $733,600 bridge loan to refinance a single-family spec home in Nashville, Tennessee. The 12-month facility allowed an experienced, repeat borrower to recapitalize the asset following the maturity of existing debt, structured as a full-leverage bridge position reflecting the sponsor’s track record. The loan was structured at 70% LTV against a $1,048,000 underwritten value, consistent with a time-sensitive recapitalization need. The sponsor’s local market experience, combined with Stormfield’s ability to move quickly, supported a financing solution a traditional lender could not have executed on the same timeline for this well-located asset.
