BridgeCore Capital, Inc. has closed a $1,400,000 acquisition financing for a McDonald’s property in Saraland, Alabama, as announced by the company today. The transaction highlights BridgeCore’s ability to provide rapid, flexible funding for opportunistic real estate investments.
The borrower secured the property at a price below fair market value because the seller needed to quickly redeploy sale proceeds into an imminent acquisition. The borrower’s plan was to complete the purchase and subsequently sell the property at a higher valuation after obtaining the certificate of occupancy. To accommodate this strategy, BridgeCore structured a loan representing 92% of the purchase price with only three months minimum interest, ensuring certainty and speed of execution. The loan closed within 15 business days to meet the borrower’s expedited timeline.
BridgeCore worked closely with the mortgage advisory team, the sponsor, and the title company to coordinate an efficient closing process. By leveraging its in-house capabilities and flexible capital base, BridgeCore solved a critical timing challenge while delivering competitive financing terms. The company is known for its expertise in financing income-producing and value-add retail properties throughout the United States.
BridgeCore Capital provides bridge loans on commercial and non-owner occupied residential real estate, including senior, junior, and mezzanine debt, as well as preferred equity. Its “Bridge Loan Program” offers flexible pre-pay, interest-only, non-recourse, and floating-rate financing with one- to three-year terms for loans ranging from $15 million to $50 million and above. For more information, visit www.bridgecorecapital.com.
