GERSON LAW FIRM APC STARTS THIRD QUARTER WITH CRE FIREWORKS

August 8, 2014
Posted in: News
By: Gerson

GERSON LAW FIRM APC helped lead GSE and other lenders into a strong third quarter.

Loans closed on lender engagements included 18 Fannie Mae and Freddie Mac multifamily loans for more than $62 million dollars, as well as several CMBS, SBA credit union and bank loans, loan assumptions and modifications for a volume of transactions that exceed $85,000,000. During the same period of time, the transaction lawyers of the firm assisted in acquisition and leasing transactions and other matters.

“Fannie Mae and Freddie Mac are this summer’s comeback lenders after their Q1 and Q2 significantly trailed the same periods in 2013, ” said Gordon Gerson. “But they are fast paced and will come close to last year’s numbers,” he added.

GERSON LAW FIRM also continues to witness the small balance sector of commercial real estate lending playing a strong role in this year’s originations both in the industry and in its own practice.