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MichiganFinanceMultifamily

Bernard Financial Group provides $3.8 million loan for Detroit multifamily property

May 3, 2024
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Photo courtesy of Bernard Financial Group.

Bernard Financial Group arranged a $3.8 million permanent life insurance company loan for a 142-unit multifamily property in Detroit.

The borrower is Citywide Owner LLC.

Dennis Bernard and Joshua Bernard with Bernard Financial originated the loan.

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

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