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MichiganFinanceMultifamily

Bernard Financial Group closes $4 million loan for Traverse City multifamily property

May 2, 2023
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Bernard Financial Group arranged a $4 million permanent life insurance company loan for a 122-unit multifamily property in Traverse City, Michigan.

The borrower is Tradewinds Terrace Owner LLC.  The loan was originated by Dennis Bernard and Joshua Bernard.

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

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