BERNARD FINANCIAL ARRANGES $5.2M CMBS LOAN FOR APARTMENTS IN MICHIGAN

by admin

SOUTHFIELD MICH. — Bernard Financial Group has arranged a $5.2 million CMBS loan for Claymoor Luxury Apartments in Southfield. The multifamily property, located at 29260 Franklin Road, consists of 133 units. Dennis Bernard and Kevin Kovachevich of Bernard Financial originated the loan on behalf of the borrower, Claymoor Properties LP. Bernard Financial, a mortgage banking firm representing several life insurance companies and conduits in Michigan, will provide full servicing for this loan.

You may also like