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NEWS February 2006 FAST FEBRUARY PACE FOR FREDDIE AND FANNIE While debate over interest rates for 2006 continued, GERSON LAW FIRM APC's real estate and lending clients moved at a fast forward pace in February 2006. The Firm closed a Freddie Mac multifamily housing loan in the amount of $25,000,000 for two garden apartment buildings in Tucson, Arizona. The Firm also closed Fannie Mae loans in Minnesota, Nevada and California for Fannie Mae DUS Lenders on multifamily housing. Among non lending transactions, the Firm represented a major national quick service restaurant tenant inking a lease in Lake Pleasant Pavilion in Peroria, Arizona. GERSON LAW FIRM APC, represents clients on all matters real estate and business related, both transactions and litigation. The Firm 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. The Firm's practice includes representing lenders closing the loans under Fannie Mae's DUS Lending Program and Freddie Mac's Program Plus for multifamily investments, and the Firm represents major national banks, conduit lenders and life insurance companies in commercial loan closings for hotels, office buildings, shopping centers, multifamily and construction. |