GERSON LAW FIRM APC CLOSES ALMOST $300 MILLION IN MULTIFAMILY LOANS IN SECOND QUARTER

As the real estate economy continues to gain momentum nationally, GERSON LAW FIRM APC continued to maintain its dominance in the western United States in lender engagements for GSE multifamily loans.

In addition to representing non GSE lenders on commercial real estate loans secured by property other than multifamily, GERSON LAW FIRM closed more than 30 Fannie Mae or Freddie Mac loans per month in April, May and June, and nearly toppled the $300 Million mark in total GSE loan closing volume during those months.  During the same period of time, GERSON LAW FIRM represented loan servicers on assumptions and other loan servicing matters related to Fannie Mae and Freddie Mac loans.

GERSON LAW FIRM lender engagements include banks, credit unions, and private funds.  As in the case of its GSE lending practice, GERSON LAW FIRM supports a large number of credit unions with commercial real estate lending platforms.

In the second quarter, GERSON LAW FIRM’s distressed real estate support group continued to service the needs of lenders, and commenced six new receivership cases. Additionally, representation of receivers remained active.

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.