GERSON LAW FIRM APC POSTS MORE THAN ONE BILLION DOLLAR FIRST QUARTER LOAN CLOSINGS

April 15, 2016
Posted in: News
By: Gerson

GERSON LAW FIRM APC closed more than 135 commercial real estate loans across the United States for more $1,175,000,000 during the first quarter of 2016.

Commercial real estate loans closed by GERSON LAW FIRM during the first 90 days of the calendar year included loans for banks, credit unions, life insurance companies, private funds for commercial property types across the spectrum. Contributing to the large volume of loan closings was GERSON LAW FIRM’s specialty practice area of closing Fannie Mae and Freddie Mac multifamily loans.

During the same period of time, the GERSON LAW FIRM handled several post-loan closing servicing issues for lenders, including loan modifications.

GERSON LAW FIRM also continues to maintain a litigation practice for financial creditors and other creditors. However, Gordon Gerson notes that “commercial loans are performing better than at any time since 2008 and defaults are lower than we have seen in a very long time.”