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ACQUIRE II, LTD. v. COLTON REAL ESTATE GROUP

No. G046241.

213 Cal.App.4th 959 (2013)

153 Cal. Rptr. 3d 135

ACQUIRE II, LTD., et al., Plaintiffs and Respondents, v. COLTON REAL ESTATE GROUP et al., Defendants and Appellants.

Court of Appeals of California, Fourth District, Division Three.

February 11, 2013.

Attorney(s) appearing for the Case

Waldron & Bragg, Gary A. Waldron , Jacob C. Gonzales and Corbett H. Williams for Defendants and Appellants.

Callahan & Blaine, Daniel J. Callahan , Marc P. Miles , Kimberly A. Knill ; Cadden & Fuller, Thomas H. Cadden , John B. Taylor and Michael Campbell for Plaintiffs and Respondents.

OPINION

ARONSON, Acting P. J. —

Plaintiffs and respondents1 invested in six investment funds defendants and appellants2 created over a 10-year period to purchase and manage six portfolios of commercial real estate. Each fund was separate from the other funds and presented two distinct investment options. Investors could become members or partners in the entity that held title to...

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