Tikijian Associates represented the seller in the sale of Flats at Fishers Marketplace, a 306-unit Class-A luxury apartment community in Fishers, Indiana.
Dennis Bernard, founder and president of Southfield, Michigan-based Bernard Financial Group, said that the Detroit commercial real estate market continues to gain momentum.
Love Funding closed a $5.95 million loan for the refinance and rehabilitation of Central Towers Apartments, an affordable senior community in southwest Detroit, Michigan.
KeyBank Real Estate Capital has originated $14.7 million in Fannie Mae, first mortgage financing for The Grand apartment development, in Grand Blanc, Michigan.