Yearly Archives: 2007

December Closings and Holiday Bowling

GERSON LAW FIRM APC was center stage in both the annual nationwide December loan closing frenzy and college football holiday pageantry. Loan closings included Freddie Mac multifamily loan closings in Washington and California for loans of $12,720,000 and $16,300,000, and Fannie Mae multifamily loan closings and loan modifications in California,...
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Bolts of Lightning Among Credit Tightening

During a 30-day period of continued tightening of credit markets, some GERSON LAW FIRM APC clients struck like lightning with major loan closings and other closing activities. GLF closed three Freddie Mac loans for multifamily and mixed-use projects in California for a combined amount of $70,000,000. GLF also represented credit...
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Autumn Action

GERSON LAW FIRM APC experienced accelerated activity towards year-end in a month marked by a national economic shake down. Autumn action included: Representation of lenders on several multifamily real estate closings including, but not limited to, Freddie Mac Program Plus multifamily and Fannie Mae DUS multifamily loans, as well as...
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Corporate Express and 3M Company Warehouse Distribution Centers Exchange Made With Representation By GERSON LAW FIRM APC

GERSON LAW FIRM APC represented a client in a series of transactions involving the sale of a Corporate Express distribution center in Houston, Texas and acquisition of a 3M Company distribution center in DeKalb, Illinois. Harvey Lichterman of the Firm lead professionals and staff responsible for the transaction, which included...
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June Gloom and Boom

While quick rising interest rates triggered June Gloom over some sectors of the lending industry, GERSON LAW FIRM APC had a June Boom of closing activity relating to commercial real estate loans which were rate locked prior to the up tick in rates. Loan closings involving lender representations, included: Land...
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GERSON LAW FIRM APC Closes Loan Assumption Portfolio For More Than $35,000,000.00

GERSON LAW FIRM APC represented a major national bank in a complex loan assumption and modification involving seven (7) affiliated borrowing entities and two (2) loans aggregating in excess of $30 million. The loans were secured by numerous properties slated for residential subdivision development in New Mexico. One loan was...
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Short Month Long On Activity

GERSON LAW FIRM APC was active in the second month of 2007 in commercial real estate finance, commercial real estate transactions, and litigation. The Firm’s commercial real estate lender representations included among other matters, assisting with closings in South Dakota, Michigan, West Virginia and New York. Among real estate transactions,...
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GERSON LAW FIRM APC Fast Forwarding Into New Year

While some parts of the country were being hit with snow flurries, there was a flurry of legal activity at GERSON LAW FIRM APC. Among numerous lender financing transactions, the Firm closed three (3) CDO transactions in California and a Fannie DUS Forward Commitment for phase 4 of an 80...
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