April Showers on Lending and Real Estate Fronts

April 28, 2006
Posted in: News
By: Gerson

GERSON LAW FIRM APC engaged in numerous business and leasing activities, and closed commercial real estate and multifamily loans in nearly every segment of the lending industry during April 2006.

Among commercial real estate and multifamily loans closed was a $13,000,000.00 conduit loan for multifamily housing in Las Vegas, Nevada. The Firm also closed eight (8) Fannie Mae loans, including a portfolio of six (6) loans in Los Angeles County for more than $30,000,000.00, and a Freddie Mac multifamily loan in Glendale, California for $8,000,000.00. The Firm was involved in more than ten (10) credit union commercial loan transactions with closings in all parts of the country, including, California, Florida, Texas, Colorado and New York.

In addition to its loan closings, the Firm also was involved in several leasing transactions, including representing a major national quick service restaurant chain in negotiating leases in both California and Arizona.

Among business transactions the Firm represented a major commercial real estate brokerage company in San Diego, acquired by Cushman & Wakefield, Inc.