REBusinessOnline

$13 MILLION LOAN ARRANGED FOR OFFICE BUILDING IN MICHIGAN

BLOOMFIELD HILLS, MICH. — Southfield, Mich.-based Bernard Financial Group has arranged a $13 million CMBS loan for Bloomfield Centre in Bloomfield Hills. The three-story building offers 137,879 square feet of office space. Dennis Bernard and Kevin Kovachevich of Bernard Financial originated the loan for the borrower, Bloomfield Centre LLC. The lender was Citigroup Global Markets Realty Corp., a correspondent of Bernard Financial Group.

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