GERSON LAW FIRM APC CLOSES JACKSONVILLE PORTFOLIO

GERSON LAW FIRM APC on a lender engagement by a Freddie Mac Seller/Servicer closed a portfolio of three Freddie Mac loans secured by multifamily projects in Jacksonville, Florida. The loans were funded through Freddie Mac’s Capital Markets Execution (CME) program. Under the CME program, the loans will be sold to investors as part of a pool of apartment loans packaged together.

The three loans were for the 292 unit Cross Creek Apartments, 246 unit The Column Apartments, and the 304 unit Riverview Apartments. The three loans totaled more than $33.5 million

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.