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NEWS November 2004 Gerson Law Firm Closes Loans For Resort Developments Among major loan closings in which GERSON LAW FIRM APC acted as lender's counsel, during November, 2004, was a major national bank construction loan for $28,000,000 for a resort condominium complex in South Lake Tahoe. In November, the Firm also closed a commercial bank loan for more than $10,000,000 to fund the acquisition amount and costs to obtain entitlements to build an upscale ocean-side residential subdivision on a site near the Pacific Ocean in Dana Point, California. GERSON LAW FIRM APC represents national lenders on loan closings, special servicing, and enforcement proceedings throughout the United States, and closings 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.  |