Fix and Flip Loan

Single family | Purchase & Rehab | Connecticut

Stormfield Funded a $589,100 Fix and Flip Loan in Fairfield, CT

View Our Fix and Flip Loan Program

  • Loan Amount

    $589,100

  • LTV

    64%

  • Term

    12 Months

Transaction Overview

Stormfield Capital funded a $589,100 fix and flip loan secured by a single-family investment property in Fairfield, Connecticut. The repeat Stormfield sponsor, with established experience executing value-add projects in the Fairfield submarket, required acquisition financing and a renovation holdback to purchase and rehabilitate an older single-family home. The loan was structured at 65% LTV against a $599,000 purchase price, with a $50,000 rehab holdback targeting an $841,750 ARV. The sponsor’s demonstrated local market experience, strong execution track record, and the property’s location in a highly competitive Fairfield County submarket supported the financing decision.

Have a Similar Deal?

Stormfield Capital provides fix & flip, bridge, construction, and value-add multifamily financing nationwide. Get a term sheet within 24 hours.

Wesley W. Carpenter - Stormfield Capital

Wesley W. Carpenter

Co-Founder & Partner

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.