GERSON LAW FIRM APC CLOSES 21 LOAN FREDDIE MAC MULTIFAMILY PORTFOLIO

GERSON LAW FIRM APC, a leader among law firms in the United States closing loans multifamily loans for Freddie Mac and Fannie Mae, closed one of the year’s largest portfolios of Freddie Mac SBL loans in December 2016.

The portfolio engagement from Hunt Mortgage Group included 21 loans secured by multifamily mortgages totaling $22,310,000. All multifamily properties in the portfolio were to borrower entities with the same sponsors, and all properties in were located in Los Angeles County, California.

“We have a reputation for closing large loan portfolios. We welcome them, and it’s been an integral part of our practice since 1997 when we closed our first portfolio consisting of 8 CMBS loans for self-storage properties in Oregon, ” stated Gordon Gerson, managing principal of GERSON LAW FIRM APC.”

Among Freddie Mac portfolio closings, earlier in 2016 GERSON LAW FIRM APC, closed a smaller portfolio of CME loans as part of Freddie Mac’s program for larger loan product, and on its heels additional loans to the same borrower sponsor.

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.