Boomer Development, LLC v. National Association of Home Builders of the United States
District Court, District of Columbia
1Opinion of the Court
MEMORANDUM OPINION
Granting in Part and Denying in Part Defendant’s Motion to Dismiss
RUDOLPH CONTRERAS, United States District Judge
I. INTRODUCTION
Beginning in 2014, the National Association of Home Builders of the United States (“NAHB”), a Nevada nonprofit trade association, allegedly began promoting a loan program offered by North Star Finance LLC (“North Star”) to NAHB members and prospective members. Compl. ¶¶ 9, 13-14, ECF No. 1-13. Under the program, members were allegedly offered non-recourse debt, financing for building projects up.to $10 million at attractive interest rates and with…
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