BridgeCore Capital, Inc. has closed a $1,500,000 acquisition financing transaction for a Grease Monkey property in Auburndale, Florida. The financing was structured as a sale-leaseback for the car-wash and oil service property, with the borrower facing an unexpected delay from their original bank financing source.
The transaction's timing was critical, as the borrower needed to complete the acquisition by the end of 2025 to secure important tax benefits. BridgeCore was able to match the leverage originally offered by the bank at 70% of the purchase price while providing the rapid execution the situation demanded. The company underwrote the loan, completed due diligence, and funded the entire transaction within just seven business days from the term sheet signing.
BridgeCore coordinated closely with the broker team, borrower, and title company to meet the tight deadline, enabling the borrower to secure the property acquisition without compromising on financing terms. The company leveraged its comprehensive resources and experience to solve what could have been a significant obstacle for the borrower's business plans.
This transaction demonstrates BridgeCore's capability in providing flexible financing solutions for commercial real estate acquisitions. The company specializes in bridge loans for commercial and non-owner occupied residential properties throughout the United States, offering various debt structures including senior, junior, and mezzanine debt, as well as preferred equity arrangements.
For business leaders and investors, this case illustrates the importance of having alternative financing options available when traditional banking channels encounter unexpected delays. The ability to secure financing quickly while maintaining favorable terms can be crucial for time-sensitive transactions, particularly those tied to year-end tax planning or other deadline-driven business considerations.
The commercial real estate financing landscape continues to evolve, with specialized lenders like BridgeCore playing an increasingly important role in facilitating transactions that require both speed and flexibility. Their Bridge Loan Program offers additional options for borrowers seeking financing solutions with features such as flexible prepayment terms, interest-only periods, non-recourse structures, and floating-rate financing with terms ranging from one to three years.
For more information about BridgeCore's financing programs, visit https://www.bridgecorecapital.com.
