Bernard Financial Group Arranges $8.6 Million Loan for Michigan Retail Center

by Scott Reid

Bloomfield Hills, Mich. — Bernard Financial Group has arranged an $8.6 million loan for the refinancing of New Bloomfield Plaza in Bloomfield Hills.

Located on Telegraph Road, the property offers 167,150 square feet of retail space. Kevin Kovachevich of Bernard Financial Group originated the loan for the borrower, New Blooomfield Plaza LLC. The lender was One America.

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