SOUTHFIELD, MICH.—Bernard Financial Group recently arranged two loans in Michigan totaling $29.2 million.
The first was a $1.9 million loan for Tech Park West to Tech Park West L.L.C. The four-building, multi-tenant flex property is located in Scio Township and contains 48,000 sq. ft. loan was originated by Dave Dismondy.
In addition, Bernard Financial Group arranged a $27.3 million loan to Kennedy Square Office Building L.L.C. for One Kennedy Office Building in Detroit. The loan consists of a 10-story, multi-tenant office building containing 245,862 sq. ft. Dennis Bernard and Kevin Kovachevich originated the loan.
Located in Southfield, Mich., Bernard Financial Group is a mortgage banking firm representing life insurance companies and conduits in Michigan. The lender, Assurity Life Insurance Company, is a servicing correspondent of Bernard Financial Group.