NEW YORK--(BUSINESS WIRE)--RealFi REIT has closed a bridge loan totaling $2,200,000 in the coastal town of Guilford, CT for an experienced multi-family developer. The loan is secured by a first lien on the property that will be developed into 42 residential units designed to appeal to downsizing empty nesters. The site, which already has plan approvals, is currently an underdeveloped 7 acres of land located only a few blocks from the Guilford train station.

Guilford is a combination of a year-round residential and a summer vacation community that allows residents the ability to live in a bucolic setting along the along the Long Island Sound shoreline and still have a reasonable commute to major cities in the region.

RealFi – Redefining Real Estate Lending

RealFi REIT is a specialized, asset-based lender that underwrites and funds high yield, short-term mortgage loans throughout the United States in the range of $1MM - $25MM. RealFi currently has approximately $43 million of AUM across several investment vehicles and its’ principals have originated over $300 million of real estate backed loans. Our objective is to identify viable transactions with responsible and experienced borrowers, protect downside risk, and generate superior risk-adjusted returns to our investment partners.