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MichiganOffice

Bernard Financial closes $27 million loan for office building in downtown Detroit

Staff Writer April 5, 2017
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Southfield, Mich-based Bernard Financial Group recently closed a $27.3 million loan for the One Kennedy office building in downtown Detroit.

The loan consists of a 10-story multi-tenant office building containing 245,862 square feet. Kennedy Square Office Building, LLC is the borrowing entity. Dennis Bernard and Kevin Kovachevich of Bernard Financial Group originated the loan.

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