Telegraph Tower LLC v. Century Mortgage LLC

Opinion

TOOMEY, Judge:

T1 Jared Christiansen and Bradley S. Harrell, through their company Telegraph Tower LLC (collectively, Borrowers), asked a lending company, Century Mortgage, for a loan to complete a construction project (the Project). Century Mortgage agreed and sought money from various individuals and business entities (collectively, Investors) to fund the loan. In essence, Century Mort gage acted as a middleman between Borrowers and Investors. It executed an agreement with Borrowers promising to make funds available as needed for the Project, It also executed an agreement with…