BERNARD ARRANGES A $1.3M LOAN FOR THE OAKLAND PRESS BUILDING IN MICHIGAN
PONTIAC, MICH. — Bernard Financial Group has arranged a $1.3 million loan to refinance the Oakland Press Building in Pontiac. The 83,265-square-foot office/flex building features 80 parking spaces and one loading dock. Neil Gorosh of Bernard Financial Group originated the loan for the borrower, Twenty Lake Holdings LLC, with a life insurance company. Twenty Lake Holdings is a full-service commercial real estate asset management firm focused on newspaper properties. The company is an owner of commercial real estate occupied by local newspaper companies and serves as a real estate advisor to national media companies.