Bernard Financial Arranges $25M CMBS Loan for One Woodward Building in Detroit

DETROIT — Bernard Financial Group has arranged a $25 million CMBS loan to refinace One Woodward, a 29-story office property in Detroit. The 358,888-square-foot, Yamasaki-designed building is located on Woodward Avenue and includes underground parking. Dennis Bernard and Kevin Kovachevich of Bernard Financial Group arranged the loan for the borrower, One Webward Avenue LLC.