NEWS


July 2005

HOT SUMMER AND HOT REAL ESTATE MARKET

GERSON LAW FIRM APC actively represented both its lender and developer clients in both loan financings and acquisitions during a month in which activity in real many estate markets matched sizzling temperatures across the United States.

In addition to lender representation in more than 15 loan closings for one of the United State's largest providers of small loan commercial financing ($500,000.00 to $3,000,000.00), credit union loans and both Freddie Mac and Fannie Mae loans, the Firm also represented developers in the following acquisitions:

  • 90,750 square foot office building in Phoenix, Arizona
  • 12,750 square foot office building in San Diego County

Also during the month of July 2005, the Firm reached favorable resolution of three pending real estate-litigated matters. These matters included both commercial landlord/tenant litigation, as well as mechanic lien litigation.

GERSON LAW FIRM APC represents national lenders on loan closings, special servicing, and enforcement proceedings throughout the United States, and closing loans throughout the United States. The Firm's practice includes representing lenders closing 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.

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