GERSON LAW FIRM APC rang in 2018 after ringing the bell closing more than 900 commercial real estate loans in 2017.
GERSON LAW FIRM’s high volume performance was primarily in representation of lenders, however, several major borrower engagements on large transactions were also undertaken.
GERSON LAW FIRM’s dominance among other law firms throughout the United States engaged in commercial real estate finance was once again largely driven by its representing lenders in several hundred Freddie Mac multifamily small balance loans of up to $7.5 million (SBLs) in all regions of the United States, but also being engaged by multifamily lenders closing large Freddie Mac Capital Market Executions and Fannie Mae DUS loans in an amounts up to $75,000,000 and more.
As in past year, GERSON LAW FIRM represented banks, credit unions, life insurance companies and private funds in closing commercial real estate transactions.
Among many borrower transactions were a year end construction loan of more than $33,000,000, as well as earlier in the year closing on behalf of a private fund client, a large revolving credit facility with a major regional bank.
Other commercial real estate activity included representation of loan servicers on loan assumptions and other servicing matters, as well as enforcement proceedings, and representing clients in real estate purchase transactions and commercial lease transactions.
“Our goal has always been to be the best in the commercial real estate lending industry, “ said the firm’s managing principal, Gordon Gerson, “and we continue to work with our clients to help them be the best.”