Purchase Bridge Loan for Warehouse in Belleville, NJ
$3,120,000
)
Deal Details
Private Loan Type
Purchase
Approx. Funding Date
06/30/2026
Property Type
Property City
Belleville
Property State
NJ
Loan Term (months)
12
Occupancy at Closing
Owner-Occupied
Origination Points
1%
Deal Summary
Stormfield funded a $3,120,000 bridge loan for an experienced owner-operator purchasing a warehouse in Belleville, New Jersey. The borrower needed to close quickly, and Stormfield’s bridge financing provided certainty of execution on the acquisition timeline. The loan carries a 12-month term and is structured at approximately 58.4% LTV. Underwriting focused on the property and the sponsor’s operating experience, with moderate leverage supporting the structure
Funded By
Stormfield Capital, LLC
Direct Balance-Sheet Lender for Investment Properties
Dealmakers
Callahan Healy
Senior Associate
Callahan Healy is a Senior Associate at Stormfield Capital, focused on sourcing, underwriting, and structuring bridge and investment property loans.