Stormfield Funded a $585,000 Residential Bridge Loan in Pennington, NJ.

Stormfield Capital funded a $585,000 cash-out bridge loan secured by two free-and-clear single-family investment properties in Pennington and Asbury Park, New Jersey, treated as a single collateral pool. The 12-month facility allowed an experienced real estate investor to access equity across the combined portfolio for further investment. The loan was structured at approximately 60% LTV against a $975,000 combined underwritten value, reflecting disciplined sizing relative to the strength of the collateral. The combined collateral strength and the sponsor’s local market experience helped support the position, consistent with Stormfield’s conservative approach to cash-out financing across a multi-property pool.