NEWS

June 2005

MAJOR NATIONAL, REGIONAL AND LOCAL LENDERS SUPPORTED ON WIDE VARIETY OF JUNE LOAN CLOSINGS

GERSON LAW FIRM APC closed loans for every sector of the financial community during June 2005.

Lender representations on loan closings included:

• Four Freddie Mac loans for apartment projects in both Southern California and Northern California.
• Fannie Mae assumption transaction involving a portfolio of six properties throughout California and more than $50,000,000 in loans.
• Major national conduit closing in San Diego County for industrial property.
• Privately placed mezzanine financing for acquisition and entitlement of major downtown San Diego condominium project.
• Regional bank $9,000,000 acquisition financing for industrial property in Los Angeles County.
• Major national bank revolving credit facilities secured by real property in Los Angeles County.
• Credit union loans in California and several other states.

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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