Client Articles - Written by on Thursday, December 3, 2009 14:17

Gerson Law Firm Coordinating Receiverships and Loan Loss Mitigation Strategies for Clients Nationwide

SAN DIEGO — December 2, 2009 —Gerson Law Firm APC (GLF) is currently coordinating receiverships from Pennsylvania to California, and engineering loan loss mitigation strategies in other states as well for its national and local clients, according to Gordon L. Gerson, president and CEO of the San Diego-based Gerson Law Firm APC.

“During the past few months where headlines showed signs of an improved economy in some sectors, commercial real estate woes continued to grow,” Gerson said. “GLF was called to action and co-counseled a receivership action over eight former Uni-Mart gas station locations throughout the state of Pennsylvania. It also represented clients having receivers appointed for multifamily properties in two different cases in San Bernardino County, California, and an office building in downtown San Diego.”

Gerson said GLF also coordinated loan loss mitigation strategies on other commercial real estate loans in Arizona and Michigan. On the receivership front, Gerson also spoke at a seminar on receiverships presented by the San Diego Chapter of the California Receivers Forum, and at the annual national Trigild Conference in San Diego on receiverships. ??

In addition to receivership actions, GLF creditor rights group was also involved in a number of other actions with successful results for clients, including several commercial eviction proceedings.??

About Gerson Law Firm APC
GLF represents clients on all matters real estate and business related, both transactional and litigation. GLF 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. GLF’s practice includes representing lenders closing loans under Fannie Mae’s DUS Lending Program and Freddie Mac’s Program Plus for multifamily investments. GLF 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. For more information on the Gerson Law Firm, call (858) 452-5400 or visit www.gersonlaw.com.

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