Fix & Flip Loan for Single Family Residence in Greenwich, CT
Funded by Stormfield Capital, LLC
$2,800,000
)
Deal Details
Private Loan Type
Refinance
Approx. Funding Date
04/08/2026
Property Type
Single Family Residence
Property City
Greenwich
Property State
CT
Loan Term (months)
12
Loan-to-Value
35.53%
Renovation Project Scope
Heavy Rehab
Occupancy at Closing
Vacant
Number of Units
1
Building Square Footage
9,500
Borrower's Plan
Rehab and Sell
Exit Strategy
Sale
Deal Highlights
$2.8M refinance and completion financing
9,500+ SF single-family residence
35.53% LTV financing structure
Prime Greenwich location
Experienced local developer
Deal Summary
Stormfield funded a $2,800,000 fix and flip loan in Greenwich, CT for an experienced local developer refinancing existing bank debt to complete construction of a 9,500+ sq. ft. single-family residence. The loan was structured at 35.53% LTV against an underwritten value of $7,880,750, providing significant collateral coverage throughout the loan term. Key risk considerations included construction completion risk and the refinance structure, mitigated by the sponsor’s experience and the asset’s location within one of Connecticut’s most liquid luxury residential markets.
Funded By
Stormfield Capital, LLC
Direct Balance-Sheet Lender for Investment Properties