Seasoned real estate investor required a bridge loan to capitalize the fit-up of a retail/office investment property. The borrower developed the property and pre-leased the building 91% prior to retiring the construction loan. Stormfield’s loan allowed the sponsor to refinance the loan with a lower rate and complete fit-up of the future tenants space.
Wesley Carpenter is a Co-Founder and Partner of Stormfield Capital. He leads the firm’s investment strategy and portfolio management, 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 $2 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 served as a Vice President at Greenwich Associates, a boutique financial services consultancy, 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), focusing on mergers and acquisitions and strategic growth initiatives across the firm’s global industrial portfolio.
He holds a B.S. from Fairfield University and an M.B.A. from Binghamton University.