While readying to close 2011, GERSON LAW FIRM continued to outpace most, if not all law firms, on the west coast with both multifamily loan originations as well as loan enforcement and creditor rights proceedings.
In October and November, GERSON LAW FIRM closed more than $100,000,000 in Fannie Mae and Freddie Mac multifamily loans. Multifamily loans were closed in California, Colorado, Nevada, Washington, and Utah.
During the same two month period, GERSON LAW FIRM obtained court orders for relief of stay in the US Bankruptcy Court’s Central District to enable a lender client to foreclose on multifamily property in New York and North Carolina. GERSON LAW FIRM was also active in loan enforcement proceedings with local co-counsel in Arizona, Florida, Illinois, Texas, and Wisconsin.
“We handle loans cradle to grave,” said managing principal, Gordon Gerson. “We also are actively assisting other clients in both distressed real estate issues as well as business-related issues which are starting to uptick and employment improves.”