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Fix and Flip Loan

Single-Family | Florida

Stormfield funded a $199k Hard Money Fix and Flip Loan in Tampa, FL

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Single-family home in Tampa, FL

  • Loan Amount

    $198,500

  • LTV

    64.29%

  • Term

    12 Months

Transaction Overview

Stormfield funded a $198,500 fix and flip loan for experienced real estate investors acquiring and renovating a single-family investment property in Tampa, Florida. The sponsorship group are repeat Stormfield clients, and the financing covers both the purchase and the renovation plan for the home. The loan is structured at approximately 64.3% LTV. Underwriting weighed the renovation scope and local resale demand, with the sponsors’ experience and history with Stormfield supporting the exit. The deal shows how Stormfield provides reliable hard money purchase and rehab capital to repeat investors pursuing residential renovation projects.

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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.