Bernard Financial originates loan for luxury condo building in Michigan

December 16, 2010 | Staff Writer | Print Article | Email this Article

Southfield, Mich.-based Bernard Financial Group recently arranged an $11 million CMBS loan for One North Main, a 114,750-square-foot, 11-story specialty retail, office and condominium building in Ann Arbor, Mich.

One North Main, LLC borrowed the money. Dennis Bernard and Kevin Kovachevich originated the loan, which was funded by JPMorgan Chas Bank’s conduit program.

Tags | Ann Arbor, Bernard Financial Group, Michigan, multi-family, Office, Retail, Southfield

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