BridgeCore Capital, Inc. has closed a $1,400,000 acquisition financing of a McDonald’s property in Saraland, Alabama, the company announced today. The transaction highlights the lender’s ability to provide fast, flexible capital for opportunistic real estate deals where timing is critical.
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 business plan involved completing the acquisition and subsequently selling the property to another buyer at a higher valuation after the certificate of occupancy was issued. This short-term hold strategy required a lender that could move quickly and offer terms tailored to a swift turnaround.
Given the equity in the transaction, the borrower’s need for certainty and speed of execution, 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 successfully closed the transaction within 15 business days to meet the borrower’s expedited timeline, a feat not all lenders can achieve.
BridgeCore worked closely with the trusted mortgage advisory team, the sponsor, and the title company to coordinate an efficient closing process and ensure the acquisition was completed within the required timeline. By leveraging its extensive experience, in-house capabilities, and flexible capital base, BridgeCore was able to solve a critical timing challenge while delivering highly competitive financing terms.
This deal underscores the importance of specialized bridge lenders in the commercial real estate market. For borrowers who need to act quickly—whether to capitalize on a below-market purchase or to meet a tight closing date—traditional bank financing often falls short due to lengthy underwriting processes. BridgeCore’s ability to close in 15 business days provides a crucial alternative.
The impact of such financing extends beyond individual transactions. For the commercial real estate industry, the availability of fast, flexible capital enables more transactions to occur, particularly in the acquisition and repositioning of income-producing properties. In this case, the borrower was able to secure a property below market value and execute a value-add business plan that could ultimately lead to higher property values and increased economic activity in Saraland, Alabama.
BridgeCore is widely recognized for its expertise and proven track record in financing income-producing and value-add retail properties throughout the United States. The company provides bridge loans on commercial and non-owner occupied residential real estate, including senior, junior, and mezzanine debt, as well as preferred equity. For more information, visit www.bridgecorecapital.com.
