Stormfield Funded a $1,700,000 Cash-Out Bridge Loan in New York, NY

Stormfield Capital funded a $1,700,000 cash-out bridge loan secured by a residential investment condominium in the Chelsea neighborhood of Manhattan, New York. The experienced real estate investor required bridge financing to recoup equity from the well-located asset, with the loan structured at 44% LTV, providing substantial collateral protection. The property’s location in one of Manhattan’s most sought-after and liquid submarkets, the sponsor’s demonstrated investment experience, and the conservative leverage structure supported a disciplined and well-secured lending decision.