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GERSON LAW FIRM APC CLIENT CLOSES $140,000,000 LOAN PORTFOLIO

GERSON LAW FIRM APC assisted one of Southern California’s largest apartment owners in a borrower engagement for closing four multifamily loans for more than $140,000,000. The four loans were secured by multifamily projects in San Diego County consisting of 187, 172, 151 and 132 units. The lender was a California...
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GORDON L. GERSON AMONG BEST LAWYERS IN AMERICA

Gordon L. Gerson has been selected by his peers nationwide for recognition in the 25th Edition of The Best Lawyers in America© for his expertise in real estate law. Gordon has received this recognition each year this decade, and has also been recognized nationally for expertise in commercial real estate...
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GERSON LAW FIRM APC CLOSES LOANS IN NEVADA, WASHINGTON AND CALIFORNIA

GERSON LAW FIRM APC during record heat across the United States, added heat to Fannie Mae and Freddie Mac multifamily summer volume of loan closings. Among multifamily closings on lender engagements were a Fannie Mae acquisition loan of $21,867,000 secured by a 270 unit apartment in Las Vegas and a...
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LAWYERS JOINING GERSON LAW FIRM APC

GERSON LAW FIRM APC is pleased to announce that the following attorneys have joined the firm. Attorney Cortney Scott has joined GLF. Cortney is a San Diegan by background and graduated summa cum laude from the University of San Diego, graduated from UCLA law in 2005 and also received an...
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GERSON LAW FIRM APC CLOSES TWO MULTIFAMILY LOAN PORTFOLIOS

GERSON LAW FIRM APC capped the end of the first quarter of 2018 with more than 90 commercial/multifamily loan closings in March, including two loan portfolios for Freddie Mac’s small balance loan program for multifamily housings. The two portfolio’s originated by Freddie Mac seller servicer’s included a portfolio of 9...
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GERSON LAW FIRM APC CLOSES OVER 900 CRE LOANS IN 2017

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...
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BIG HOLIDAYS AND BIG LOAN CLOSINGS AT GERSON LAW FIRM APC

GERSON LAW FIRM APC closed two major loans for lenders the week before Christmas. Lighting up the holidays in the Northwest by GERSON LAW FIRM was a Freddie Mac Capital Markets Execution for more than $44,000,000, for a 172 unit apartment project in Portland, Oregon, as well as a Fannie...
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COMMERCIAL BORROWING IN 2017 UP 21 PERCENT FROM 2016

The Mortgage Bankers Association released its Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations for the third quarter of 2017, showing a 21 percent increase in commercial and multifamily mortgage loan originations compared to the same period last year, and an 8 percent increase over 2Q17. As was the case during...
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Freddie Mac Finds ‘Widening’ Affordable Rental Shortfall

Michael Tucker mtucker@mba.org – reproduced from https://www.mba.org/mba-newslinks/2017/october/mba-newslink-friday-10-27-17/commercial/multifamily/freddie-mac-finds-widening-affordable-rental-shortfall October 27, 2017 The already-acute shortfall of affordable rental apartments has widened “considerably” over the past six years, said Freddie Mac, McLean, Va. Freddie Mac Multifamily said increasing rents and stagnant household incomes are behind the problem, which it said could become worse...
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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...
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Freddie Mac: Continued Multifamily Market Growth But Increased Affordability Challenges

Michael Tucker, mtucker@mba.org – reproduced from https://www.mba.org/mba-newslinks/2017/september/mba-newslink-friday-9-8-17/commercial/multifamily/freddie-mac-continued-multifamily-market-growth-but-increased-affordability-challenges September 12, 2017 Most multifamily executives believe the rental housing market will continue to grow, but many are less optimistic about the affordable housing outlook, reported Freddie Mac, McLean, Va. Freddie Mac and real estate media firm Hanley Wood surveyed 200 people involved...
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Fannie Mae Prices Its First Green Multifamily DUS REMIC

Fannie Mae, Washington, D.C., priced its first GeMS REMIC backed exclusively by its Green MBS collateral. “To our knowledge, this is the first issuance of its kind in the U.S. market,” Fannie Mae said. The FNA 2017-M10 transaction is the firm’s eighth Multifamily Delegated Underwriting and Servicing Real Estate Mortgage...
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