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Division 1 Court of Appeals

12th and John Investors LLC v. Broadmark Realty Capital Inc. On appeal, 12th & John Investors asserts that certain ownership and investment agreements between it and a real estate developer (1) created an equitable lien superior in priority to a loan secured by a first-position deed of trust by Broadmark Realty Capital’s predecessor in interest and (2) entitled 12th & John Investors to have first priority in disbursement of certain loan refinance and condominium unit sale proceeds. COA #847481. King County Superior Court #20-2-17527-7 SEA.