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$42 MILLION OFFICE BUILDING LOAN ARRANGED IN TROY, MICH.

Posted on by in Midwest, Office

TROY, MICH. — Southfield, Mich.-based Bernard Financial Group has arranged a $42 million loan for Columbia Office Center I and II in Troy. The two 14-story buildings offer a total of 506,000 square feet of office space. Dennis Bernard and Kevin Kovachevich of Bernard Financial originated the financing for the borrowers, CC Troy Associates I and CC Troy Associates II. The lender was JP Morgan Chase Bank, N.A.

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