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GERSON LAW FIRM APC represented a client in closing a bridge loan for $100,000,000 made by a major regional bank. The loan was secured by a 150 unit apartment complex in San Diego, California.
In addition to the continued high volume of multifamily loan closings for Fannie Mae and Freddie Mac, GERSON LAW FIRM saw an increase in demand for expertise and representation of credit unions as both buyers and sellers in loan participations memorialized in Master Loan Participation Agreements prepared by and/or negotiated by the firm.