August 1, 2017
Posted in: News
By: Gerson

GERSON LAW FIRM APC had a July Summerfest of 74 loan closings on behalf of its lender clients for more than $250,000,000.

Among GSE multifamily loans which were lender engagements, GERSON LAW FIRM closed more than 45 Freddie Mac loans. These included Freddie Mac CME loans for more than $42,6000,000 secured by a multifamily property in Corvallis, Oregon, and a portfolio of five Freddie Mac CME loans in secured by multifamily projects in Orange County, California, and numerous other Freddie Mac CMEs and small balance loans. GSE loan closings for lender clients also included more than 12 Fannie Mae loans, including a loan for more than $15,400,000 secured by a multifamily project in Mountain View, California. In addition to is lender closings, it represented a borrower obtaining financing a single use property in San Jose, California occupied by El Camino Hospital.

During the first 31 days of the third quarter, GERSON LAW FIRM also represented a regional bank and credit unions in loan closings, as well as handling numerous loan servicing matters, including loan assumptions, for its lender clients.

GERSON LAW FIRM’s robust landlord-tenant practice also included representing a landlord on a Smart & Final lease in San Jose, fast casual restaurant leases for Rubio’s Coastal Cuisine in California, Nevada and Arizona, and continuing representation on ADA-related matters.