November 9, 2022
Posted in: News
By: Gerson

GERSONLAW on a lender Freddie Mac Optigo engagement closed a nine loan portfolio.

The nine loans were made in the Optigo small balance loan program. Each secured loan by a separate multifamily project in California. Seven of the loans were secured by multifamily projects in Los Angeles County, and two in Orange County. The nine multifamily projects had a combined 2016 units.

GERSONLAW represents clients on all matters real estate and business related, both transactional and litigation. The firm is nationally recognized for its representation of some of the nation’s largest lenders on loan closings, special servicing, and enforcement proceedings throughout the united states. GERSONLAW’s practice includes representing lenders closing loans under Fannie Mae’s DUS lending program and Freddie Mac’s program plus for multifamily investments. The firm represents major national banks, life insurance companies, and private funds in all matters lending related, including originations and loss mitigation strategies, for hotels, office buildings, shopping centers, multifamily and construction.