Dennis & Joshua Bernard Secure $6.7M Refinance Loan For 254 Multifamily Units | 4394 Okemos Road | Minnesota Life Insurance | Dennis Bernard, Joshua Bernard | MultiFamily | Loan

Summary

Loan

MICHIGAN

MultiFamily

The multifamily property located at 4394 Okemos Road in Okemos, Michigan, consists of 254 units. The $6.7 million loan was used to refinance this property and was acquired through Minnesota Life Insurance Co. The landlord for this property is Cedar Creek MS LLC.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $6,700,000
Market: Okemos, Michigan
Lender: Minnesota Life Insurance
Landlord: Cedar Creek MS LLC
Brokers: Dennis Bernard & Joshua Bernard - Bernard Financial Group

Bernard Financial Group, led by Dennis Bernard and Joshua Bernard, played a crucial role in securing the loan for the refinancing of the multifamily property. The borrower, Cedar Creek MS LLC, benefited from this $6.7 million loan arrangement facilitated by Minnesota Life Insurance Co.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Bernard Financial Group

Minnesota Life Insurance

Details

Deal Summary

FINANCED

IMAGE: Dennis Bernard & Joshua Bernard DATE: 05/03/2024 ADDRESS: 4394 Okemos Road MARKET: Okemos, Michigan ASSET TYPE: Multifamily ~ UNITS: 254 LENDER: Minnesota Life Insurance LANDLORD: Cedar Creek MS LLC BROKERS: Dennis Bernard & Joshua Bernard - Bernard Financial Group LOAN AMOUNT: $6,700,000 LOAN TYPE: Refinance NOTE: Bernard Financial Group (BFG), led by Dennis Bernard and Joshua Bernard, secured a $6.7 million loan to refinance a 254-unit multifamily property in Okemos, near Lansing. The loan was arranged through Minnesota Life Insurance Co. for the borrower, Cedar Creek MS LLC.

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Address4394 Okemos Road

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