Commercial Mortgage Banking · Bloomfield Hills, Michigan · Est. 1998
40 Years of Certainty in Commercial Real Estate Finance
Woodward Birmingham Financial Group arranges debt and equity for complex commercial real estate transactions, from $1M to $200M+, across Michigan and the Midwest.
Or call 248.540.9310
- 1-Year Treasury4.53%Up 5 basis points
- 5-Year Treasury5.00%Unch.
- 7-Year Treasury5.09%Down 2 basis points
- 10-Year Treasury5.19%Down 2 basis points
- 30-Year Treasury5.52%Down 4 basis points
- U.S. Treasury · As of · Full table
- $2.7B+Transaction volume closed
- 40+Years in commercial real estate finance
- 16States and regions active
- 91%+Application-to-closing rate, annually
01 · Transaction history
Deals closed. Complexity solved.
A representative selection of financings arranged by the firm. Borrower and lender details are kept confidential.
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$55M
Ann Arbor Apartment Community
324 units · Michigan
Bridge loan for the acquisition, then a conversion to a HUD permanent loan.
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$27M
Luxury Mixed-Use Development
119 units / 19,000 SF · Michigan
Construction-to-permanent financing for ground-up apartments with retail and office space.
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$3.4M
Specialty Surgical Center
8,000 SF · Michigan
Permanent refinance of a freestanding, single-tenant surgical center.
02 · Our expertise
Complex financing. Certain execution.
Four decades of structuring and closing commercial real estate transactions across every major asset class, delivering certainty of execution when it matters most.
- 01 Commercial Mortgage Banking Permanent, bridge and construction debt placed across all major property types.
- 02 Capital Structuring & Debt Placement Capital structures built around asset risk, sponsor goals and lender appetite.
- 03 Acquisition & Disposition Advisory Financing strategy from pre-acquisition analysis through exit.
- 04 Construction & Bridge Financing Ground-up, value-add and adaptive reuse financing, including mini-perm and takeout.
- 05 Joint Venture & Equity Placement Equity partners from institutional, private and family office sources.
- 06 Portfolio Optimization & Restructuring Refinancing strategy, loan workouts and distressed asset restructuring.
Also: tax-exempt bond financing, and historic and adaptive reuse financing.
Asset classes
Every asset class. Every market cycle.
- Office
- Multifamily
- Credit Tenant Leases
- Industrial
- Retail
- Mixed-Use
- Hospitality
- Medical / Surgery
- Mobile Homes
- Self-Storage
03 · Capital markets access
Not a directory. A network.
Our capital relationships are built through 40 years of closed transactions: exclusive to this market and proven across every asset class.
- Exclusive lender relationshipsCorrespondent relationships with multiple life company lenders, whose programs and pricing are not available through competing firms in this market.
- Loan servicingWe service loans for a meaningful share of our correspondent lenders.
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01
Life Insurance Companies
Long-term, fixed-rate permanent financing for stabilized assets.
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02
CMBS Lenders
Non-recourse, fixed-rate conduit financing.
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03
Banks & Credit Unions
Conventional mortgage, construction and bridge loans.
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04
Bridge & Debt Funds
Short-term transitional capital for value-add business plans.
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05
Private Equity & Joint Venture
Equity placement and joint venture structuring.
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06
SBA & Government Programs
SBA 7(a), SBA 504 and tax-exempt bond financing.
04 · Current benchmarks
Market rate reference
Key Treasury benchmarks used in commercial real estate financing.
Rates are indicative and subject to change. Contact us for current pricing on your transaction.
| Benchmark | Rate | Day change |
|---|---|---|
| 1-Year Treasury | 4.53% | Up 5 basis points |
| 5-Year Treasury | 5.00% | Unchanged |
| 7-Year Treasury | 5.09% | Down 2 basis points |
| 10-Year Treasury | 5.19% | Down 2 basis points |
| 30-Year Treasury | 5.52% | Down 4 basis points |
Source: U.S. Department of the Treasury, daily par yield curve. As of .
05 · Founder & Principal
Len J. Dillon III
Len began his career in real estate in 1985 and has spent more than four decades building one of Michigan’s most respected mortgage banking practices. In 1998 he founded Woodward Birmingham Financial Group through the merger of Birmingham Financial and Woodward Financial.
With more than $2.7 billion in closed transaction volume across 16 states, he brings deep lender relationships and a record of closing complex transactions that others could not.
Recognized & affiliated
Our professional network



Michigan Real Estate Answer Forum
J.P. Morgan Chase
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