Intervest-Mortgage

Filed 9/12/14 Certified for Publication 9/30/14 (order attached)

COURT OF APPEAL, FOURTH APPELLATE DISTRICT

DIVISION ONE

STATE OF CALIFORNIA

MOOREFIELD CONSTRUCTION, INC., D065464

Plaintiff, Cross-Defendant, and Respondent, (Super. Ct. No. RIC539252) v.

INTERVEST-MORTGAGE INVESTMENT

COMPANY et al.,

Defendants, Cross-Complainants, and Appellants.

APPEAL from a judgment of the Superior Court of Riverside County, Ronald L.

Taylor, Judge. Reversed with instructions.

Early Sullivan Wright Gizer & McRae, Eric P. Early and Bryan M. Sullivan for

Defendants, Cross-Complainants and Appellants.

Mahoney & Soll, Paul M. Mahoney and Richard A. Soll for Plaintiff, Cross-

Defendant and Respondent.

Defendants and cross-complainants Intervest-Mortgage Investment Company and

Sterling Savings Bank (together Intervest) appeal a judgment in favor of plaintiff and cross-defendant Moorefield Construction, Inc. (Moorefield). The parties' dispute arises

from an uncompleted medical office building development in San Jacinto, California.

Moorefield was the general contractor for the development, and Intervest was the

construction lender. The…