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Loan Amount
$525,000
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LTV
59%
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Term
12 Months
Transaction Overview
Stormfield Capital funded a $525,000 bridge loan to support the acquisition of a nearly one-acre investment property improved with a duplex in Southlake, Texas, an affluent suburb of the Dallas-Fort Worth metro area. The sponsor, an active real estate investor with a track record of completed projects in the region, required bridge financing to move quickly on the acquisition and fund a development-oriented repositioning strategy. The loan was structured at 59% LTV against an $875,000 purchase price, with the sponsor contributing over 40% equity at closing. Strong sponsorship credentials and significant sponsor equity supported the lending decision.