OPINION
FRYE, District Judge:
The matters before the court are the cross-motions for summary judgment of the parties (# 8 and # 18).
FACTS
Plaintiff, Clay Tower Apartments, an Oregon general partnership comprised of Harold J. Schnitzer, Arlene Schnitzer, and Harsch Investment Corp., owns the Clay Tower Apartments (Clay Towers), a multi-family housing project at 1430 S.W. 12th Avenue, Portland, Oregon. Construction of Clay Towers was financed...
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