Bernard Financial Group recently closed a $12.8 million loan for Lincoln Towers Apartments, a 480-unit mid-rise apartment tower located in Oak Park, Michigan.
Lincoln Towers Apartments LP is the borrower. The lender was a CMBS firm and a servicing correspondent of Bernard Financial Group.
Bernard Financial Servicing Group will provide full servicing for this loan. Bernard Financial Group is a member of Strategic Alliance Mortgage (SAM).
The loan was originated by Dennis Bernard and Kevin Kovachevich.
