Stormfield Funded a $1,140,500 Ground Up Construction Loan in Orange, CT

Stormfield Capital funded a $1,140,500 ground-up construction loan to support the construction of a single-family investment property in Orange, Connecticut. The four-time repeat Stormfield borrower, with demonstrated ground-up construction experience, owned the subject lot free and clear prior to closing, eliminating acquisition risk and providing a strong equity foundation. The loan was structured at 63% LTV. The sponsor’s established repeat borrower track record with Stormfield and free-and-clear lot position supported the lending decision.