Stormfield Funded a $1,007,500 Ground Up Construction Loan in Middletown, NJ

Stormfield Capital funded a $1,007,500 ground up construction loan to support the acquisition of an approved lot and construction of a 4,500+ square foot luxury single-family residence with a pool in Middletown, New Jersey. The repeat Stormfield spec builder, with multiple completed ground-up projects in the Monmouth County market, required acquisition and full construction financing for the luxury build. The loan was structured at 58% LTV against a $1,730,500 ARV, on a $550,000 lot acquisition. The sponsor’s established construction track record, disciplined project execution, and conservative leverage supported a disciplined lending decision.