BridgeCore Capital, Inc. has closed a $1,400,000 acquisition financing for a McDonald’s property in Saraland, Alabama, the company announced today. The loan highlights BridgeCore’s ability to provide flexible, fast capital for time-sensitive commercial real estate transactions.
According to the announcement, the borrower secured the property at a price below fair market value because the seller needed to quickly redeploy proceeds into an imminent acquisition. The borrower’s business plan was to acquire the property and then sell it to another buyer at a higher valuation after the certificate of occupancy was issued.
Given the equity in the transaction, the borrower’s need for certainty and speed, and the anticipated short-term hold period, BridgeCore structured a loan representing 92% of the purchase price with only three months minimum interest. The company closed the transaction within 15 business days, meeting the borrower’s expedited timeline.
BridgeCore worked closely with the borrower’s mortgage advisory team, the sponsor, and the title company to coordinate an efficient closing process. The company’s in-house capabilities and flexible capital base allowed it to solve a critical timing challenge while delivering competitive financing terms.
This financing demonstrates the importance of speed and certainty in commercial real estate acquisitions, particularly when properties are acquired below market value due to seller constraints. For the industry, it underscores how lenders with flexible capital and rapid execution can enable borrowers to capitalize on time-sensitive opportunities. The quick turnaround also minimized the seller’s risk of losing their own acquisition, creating a ripple effect of successful transactions.
BridgeCore is known for financing income-producing and value-add retail properties across the United States. The company provides bridge loans on commercial and non-owner occupied residential real estate, including senior, junior, mezzanine debt, and preferred equity. Its “Bridge Loan Program” offers flexible prepayment, interest-only, non-recourse, and floating-rate financing with one-to three-year terms for loans from $15 million to $50 million and above.
For more information, visit www.bridgecorecapital.com.
