Linsker v. Savings of America

MEMORANDUM OF DECISION

McGLYNN, District Judge.

Before the court is defendant’s motion for partial summary judgment. For the reasons stated below, defendant’s motion will be granted.

I. FACTS

Plaintiff, Leonard B. Linsker, Esquire, is a sophisticated investor who is knowledgeable in the area of real estate and mortgage law. On or about July 8, 1987, he signed an Agreement of Sale to purchase an apartment complex known as Academy Manor (“the property”). Soon thereafter, in an effort to secure financing, plaintiff contacted defendant Savings of America and was referred to Greg Langer, Vice…