GERSON LAW FIRM APC REPRESENTS SELLER IN ONE OF SAN DIEGO’S LARGEST APARTMENT TRANSACTIONS FOR 2011

The national real estate media reported this past week the sale of Missions at Rio Vista in San Diego. GERSON LAW FIRM represented the Seller in the $77,000,000 transaction.

Missions at Rio Vista in the Mission Valley area of San Diego, is a fractured condominium project. GERSON LAW FIRM previously represented the mezz lender, who took over the project in 2007. There are a total of 464 units at the property, of which 316 were rentals at time of the closing of the sale.

Not only was the sale transaction the third largest apartment sale transaction in San Diego County for 2011, but it also ranks among the five largest sale transactions for the calendar year of all character property, including office buildings and hotels.

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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.