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Bernard Financial Arranges $7.2M Refinancing for Industrial Facility in Auburn Hills, Michigan

The 144,400-square-foot facility is located in Auburn Hills, Mich.

The 144,400-square-foot facility is located in Auburn Hills, Mich.

AUBURN HILLS, MICH. — Bernard Financial Group has arranged a $7.2 million refinancing for a 144,400-square-foot industrial facility in Auburn Hills, located about 30 miles northwest of Detroit. The building serves as a newly expanded industrial manufacturing facility for Dana Corp. David Dismondy originated the loan for the borrower, Brown Eight LLC. Protective Life Insurance Co. provided the capital. Bernard Financial will service the loan.

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