FIRST QUARTER 2013 REPORT: LOAN SALES, LOAN CLOSING AND LOAN ENFORCEMENT

GERSON LAW FIRM APC closed the first quarter 2013 providing lender clients and real estate investors with support for loan sales, loan closings and loan enforcement proceedings.

Among loan sales, GERSON LAW FIRM represented an institutional lender selling first mortgage loans secured by Escondido Country Club and Stoneridge Country Club in San Diego County. GERSON LAW FIRM previously represented the same lender in a loan sale of a first mortgage loan on Lake San Marcos Country Club in San Diego County.

Further solidifying its reputation as a law firm leader in closing GSE loans, in the first quarter GERSON LAW FIRM closed more than 40 Fannie Mae and Freddie Mac multifamily loans, from Maine to California, as well as providing support on more than 20 GSE loans closed internally by a GERSON LAW FIRM client. During the same period of time, GERSON LAW FIRM assisted credit union and private funds with their closings.

GERSON LAW FIRM also assisted clients with obtaining receivers for commercial property in California as well as representing three receivers in five different receivership matters, two of which required resolution of complex issues.

During the first quarter of 2013, GERSON LAW FIRM also assisted its developer and real estate portfolio owner clients in numerous transactions.

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