BridgeCore Capital, Inc., a Beverly Hills-based commercial real estate lender, has closed a $1,400,000 acquisition financing for a McDonald's property in Saraland, Alabama, the company announced today. The transaction underscores BridgeCore's expertise in providing flexible and rapid financing solutions for income-producing retail properties.
The borrower acquired the property below fair market value because the seller needed to quickly redeploy proceeds into an imminent acquisition. The borrower's plan was to complete the acquisition and then sell the property to another buyer at a higher valuation after receiving the certificate of occupancy. Given the short-term hold period and the need for certainty and speed, BridgeCore structured a loan covering 92% of the purchase price with only three months minimum interest. The loan closed within 15 business days, meeting the borrower's expedited timeline.
This transaction highlights BridgeCore's ability to solve critical timing challenges while offering competitive terms. By leveraging its extensive experience, in-house capabilities, and flexible capital base, BridgeCore coordinated an efficient closing process with the mortgage advisory team, the sponsor, and the title company. The company is recognized for its proven track record in financing retail properties across the United States.
For leaders in business and technology, this news is significant because it demonstrates how specialized lenders like BridgeCore can facilitate real estate transactions that might otherwise fail due to conventional financing delays. In a market where speed and certainty are paramount, particularly for value-add or opportunistic acquisitions, BridgeCore's approach enables borrowers to capitalize on time-sensitive deals. The ability to close quickly and with high leverage (92% loan-to-purchase-price) allows investors to deploy capital efficiently, potentially generating higher returns.
BridgeCore's "Bridge Loan Program" offers flexible, non-recourse, floating-rate financing with one- to three-year terms for loans ranging from $15 million to $50 million and above. The company provides senior, junior, and mezzanine debt, as well as preferred equity, on commercial and non-owner occupied residential real estate nationwide. For more information, visit www.bridgecorecapital.com.
The successful closing of this loan reinforces BridgeCore's position as a reliable partner for borrowers seeking quick execution and customized financing. As the commercial real estate market continues to evolve, the demand for agile lending solutions is likely to grow, making BridgeCore's services increasingly relevant for investors and developers.
