FREDDIE MAC AND FANNIE MAE MULTIFAMILY LOAN CLOSINGS SURGE AT GERSON LAW FIRM APC

GERSON LAW FIRM APC remains one of few west coast law firms enjoying the support of east coast clients actively engaged in multifamily finance.

By the last day of May 2010, GERSON LAW FIRM APC closed over $115,000,000 in Freddie Mac and Fannie Mae multifamily financings. “We are on track to close more than $60,000,000 in multifamily and other loans during June 2010,” stated Gordon Gerson. “Our litigation group is actively engaged with problem loan solutions; but our loan transactions group is equally busy.”

GERSON LAW FIRM APC multifamily loan closings have mostly been in the western United States, including California, Oregon, Nevada, Washington and Utah. One May 2010 multifamily loan closing was for $22,400,000 in West Lafayette, Indiana. Loan closings have been as low as $2,000,000.

GERSON LAW FIRM APC has a long history of working with lenders who generate multifamily loans with Freddie Mac and Fannie Mae. While some firms boast of having commoditized their loan closing practice with non lawyers, GERSON LAW FIRM APC has lawyers primarily engaged in all aspects of its loan closing engagements beginning with file intake.

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.