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BERNARD FINANCIAL GROUP ARRANGES $6.5 MILLION OFFICE LOAN

Posted on by in Midwest, Office

BINGHAM FARMS, MICH. — On behalf of Tel-Bingham Associates – 1977 LLC, Southfield, Mich.-based Bernard Financial Group has arranged a $6.5 million loan for Bingham Office Building I. The office facility, which is located in Bingham Farms, measures 148,692 square feet in size. Summit Investment Partners, a correspondent for Bernard Financial Group, was the lender in the transaction. Bernard Financial Group will also service the loan. The terms of financing were not disclosed.

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