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MichiganFinanceMultifamily

Bernard Financial Group closes $4.8 million loan for for Southfield multifamily property

March 28, 2024
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Photo courtesy of Bernard Financial Group.

Bernard Financial Group closed a $4.8 million permanent life insurance company loan for a 129-unit multifamily property in Southfield, Michigan.

The borrower is Claymoor Properties Limited Partnership. Dennis Bernard and Joshua Bernard originated theloan.

The lender, Securian Life Insurance Company, is a correspondent of BFG. BFG will provide servicing for the loan.

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