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Loan Amount
$1,428,000
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LTV
68.78%
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Term
6 Months
Transaction Overview
Stormfield Capital funded a $1,428,000 bridge loan to refinance existing debt secured by two residential condominium units in South Boston, Massachusetts, treated as a single collateral pool. The 6-month facility was structured with sizing consistent with the borrower’s overall track record and the strength of the combined collateral. The two-unit structure and Stormfield’s ability to move quickly on a straightforward refinance supported the transaction. The disciplined loan sizing and combined collateral value supported a lending decision consistent with Stormfield’s conservative approach to bridge-to-sale financing for this experienced investor.