Stormfield Funded a $3,600,000 Multifamily Bridge Loan in New York, NY.

Stormfield Capital funded a $3,600,000 bridge loan secured by a fully-occupied, mixed-use property in New York, New York. The 12-month facility allowed a long-term owner to refinance maturing debt ahead of a planned sale, drawing on the asset’s fully stabilized, free-market rent roll. The loan was structured at approximately 59% LTV against a $6,072,250 underwritten value, reflecting conservative sizing relative to a fully leased, income-producing asset. The property’s full occupancy and free-market rent structure, combined with the owner’s long track record with the asset, supported a lending decision consistent with Stormfield’s disciplined approach to stabilized mixed-use collateral.