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Loan Amount
$1,415,000
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LTV
55.21%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $1,415,000 loan to recapitalize a two-lot single-family development project in West Barnstable, Massachusetts, treated as a single collateral pool. The 12-month facility was structured with disciplined sizing relative to the combined project as a whole. One home is already complete and listed for sale, providing a clear near-term exit for the sponsors, while the second remains under construction. The sponsors’ cash contribution at closing and development experience supported a lending decision consistent with a disciplined approach to recapitalization financing for this project.