GERSON LAW FIRM SEPTEMBER LOAN CLOSINGS TOP $150,000,000

National lenders engaged GERSON LAW FIRM APC for representation in closing more than $150,000,000 in commercial and multi-family loans in September 2014.

The closings reach all regions of the country – coast to coast, and border to border – and ranged in size from $750,000.00 to $26,050,000.00. More than 20 of the loans closed were GSE multifamily loans for Fannie Mae or Freddie Mac. Office building and commercial loans by banks and credit unions also contributed to the high volume.

“It is a competitive, but strong lending market,” commented Gordon Gerson, managing principal. “And with respect to the multi-family sector, Fannie Mae and Freddie Mac which have gained more and more traction in the third quarter and heading into the fourth quarter.”

While loan dispositions have slowed as part of a much improved real estate economy, GERSON LAW FIRM APC continues to be engaged in all manner of creditor rights proceedings, including receivership and note collections.

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.