COHEN FINANCIAL ARRANGES $3.8M IN LOANS FOR TWO MICHIGAN PROPERTIES

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GRAND RAPIDS, MICH. — Cohen Financial has secured more than $3.8 million in loans for two Michigan properties. Cathy Bronkema of Cohen Financial secured a $1.6 million acquisition loan for a single-tenant industrial building located in the Detroit area. Bronkema arranged the loan on behalf of the buyer, a Chicago-based investor, through a bank. Bronkema also secured a $2.2 million refinance loan for The Abbey Apartments, a 56-unit multifamily property located between Lansing and Grand Rapids. Bronkema arranged the loan on behalf of the buyer, a Michigan-based developer, through a life insurance company.

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