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MichiganFinanceMultifamily

Bernard Financial Group provides $4.2 million in financing for Sterling Heights apartment building

February 28, 2024
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Photo courtesy of Bernard Financial Group.

Bernard Financial Group arranged a $4.2 million permanent life insurance company loan for a 231-unit multifamily property in Sterling Heights, Michigan.

The borrower is One Durham Limited Partnership. The loan was originated by Dennis Bernard and Joshua Bernard.

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

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