INLAND MORTGAGE CAPITAL CORP. v. REALTY EQUITIES NM, LLC

2009-01734.

71 A.D.3d 1089 (2010)

900 N.Y.S.2d 79

INLAND MORTGAGE CAPITAL CORP., Appellant, v. REALTY EQUITIES NM, LLC, et al., Respondents.

Appellate Division of the Supreme Court of New York, Second Department.

Decided March 30, 2010.


Ordered that the order is reversed insofar as appealed from, on the law, with costs, and that branch of the plaintiff's motion which was for summary judgment on the issue of liability is granted.

In December 2006, in connection with its ownership and planned renovation of a shopping center, the defendant Realty Equities NM, LLC (hereinafter Realty Equities), obtained a loan from the plaintiff, Inland Mortgage Capital Corp...

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