DISTRESSED MULTIFAMILY LOANS AND NEW MULTIFAMILY LOANS AT GERSON LAW FIRM APC

GERSON LAW FIRM APC continued during the month of April 2011, building upon its reputation for handling both distressed commercial and multifamily real estate as well as closing commercial loans in high volume.

On the loan origination front, GERSON LAW FIRM APC closed twelve loans for more than $50,000,000. The loans were secured by apartment projects throughout California, Oregon and Arizona.

On the distressed commercial and multifamily front, the law firm was also engaged in several loan modifications and restructurings, loan assumption transactions, and loan sale transactions.

On the truly distressed commercial and multifamily real estate front, GERSON LAW FIRM APC was engaged to work on CMBS loans requiring receivership actions not only in California, but in Rhode Island, New Jersey, Ohio, Texas and Louisiana. Local counsel was engaged in each jurisdiction to assist in litigation.

GERSON LAW FIRM APC represents clients on all matters real estate and business related, both transactional and litigation. GERSON LAW FIRM APC is nationally recognized for its representation of some of the nation’s largest lenders on loan closings, special servicing, and enforcement proceedings throughout the United States. GERSON LAW FIRM APC practice includes representing lenders closing loans under Fannie Mae’s DUS Lending Program and Freddie Mac’s Program Plus for multifamily investments. GERSON LAW FIRM APC represents major national banks, life insurance companies, and private funds in all matters lending related, including originations and loss mitigation strategies, for hotels, office buildings, shopping centers, multifamily and construction.

GERSON LAW FIRM APC

GERSON LAW FIRM APC represents clients on all matters real estate and business related, both transactional and litigation. GERSON LAW FIRM APC is nationally recognized for its representation of some of the nation's largest lenders on loan closings, special servicing, and enforcement proceedings throughout the United States. GERSON LAW FIRM APC practice includes representing lenders closing loans under Fannie Mae's DUS Lending Program and Freddie Mac's Program Plus for multifamily investments. GERSON LAW FIRM APC represents major national banks, life insurance companies, and private funds in all matters lending related, including originations and loss mitigation strategies, for hotels, office buildings, shopping centers, multifamily and construction.