GERSON ECONOMICS: MORE LOAN ORIGINATIONS AND MORE DEFAULTS

June 11, 2011
Posted in: News
By: Gerson

GERSON LAW FIRM APC had its own strand of Spring fever with unprecedented volume of multifamily and commercial loan closings for some clients, and continued demand for representation with distressed assets.

Multifamily closings for GSE and Wall Street clients of GERSON LAW FIRM APC in May included 11 loans for over $75,000,000. GERSON LAW FIRM APC also closed 6 loans during the first week of June for more than $25,000,000, including two CMBS loans. Loans closed were throughout the west, including CA, CO, OR, UT, TX and WA, as well as in the Midwest and on the east coast.

During the same period, extensive focus and representation was given to clients in all aspects of distressed assets and receivership litigation.

“Some lawyers are searching inward and outward for a niche,” according to managing principal, Gordon L. Gerson. “We just run with all needs of our lender clients – fast, faster and fastest.”

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.