GERSON LAW FIRM APC which maintains a national representation for “volume loan closings,” closed its fourth portfolio of Fannie Mae loans in less than six months.
The portfolio which closed in May includes four (4) Fannie Mae loans in Southern California for more than $10,000,000. The Firm was also involved with closing more than 40 credit union loans and other real estate loans.
The firm represented a Midwest bank making an $18,750,000 acquisition and development loan secured by 362 acres in Banning, California. The Firm also represented another Midwest bank making its first loan in California, and assisted in creating a loan program for future transactions by the bank.
In addition to its loan closings, the Firm was involved in structuring several business transactions, including a high volume of limited liability company and corporation formations.