It's new to me, but I am interested in how a HOA would allow someone to take over a common area for private use.
Look at the past sold listings, call the agents and find out who did their financing. There are 2 or 3 agents that specialize in that property and will gladly give you the mortgage broker's info that lends on that property.
All the best,
I believe Marina City Club is also on a land lease which limits the lending pool... are you sure that's not what's causing the problem?
Suzanne (Suzie) Glaser
LA VILLAGE REALTY
p.310.383.1141 | http://www.LAVillageREALTY.com
RealEstateSuz@gmail.com | lic # 01390707
(a division of Power Brokers Int'l | lic # 01520327)