HUGES CONSTRUCTION, INC. v. BLACKBURNE & SONS REALTY CAPITAL CORPORATION

CourtCourt of Appeals of Georgia
DecidedMay 15, 2023
DocketA23A0488
StatusPublished

This text of HUGES CONSTRUCTION, INC. v. BLACKBURNE & SONS REALTY CAPITAL CORPORATION (HUGES CONSTRUCTION, INC. v. BLACKBURNE & SONS REALTY CAPITAL CORPORATION) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
HUGES CONSTRUCTION, INC. v. BLACKBURNE & SONS REALTY CAPITAL CORPORATION, (Ga. Ct. App. 2023).

Opinion

FIFTH DIVISION DILLARD, P. J., MERCIER and MARKLE, JJ.

NOTICE: Motions for reconsideration must be physically received in our clerk’s office within ten days of the date of decision to be deemed timely filed. https://www.gaappeals.us/rules

May 15, 2023

In the Court of Appeals of Georgia A23A0002, A23A0488. BLACKBURNE & SONS REALTY CAPITAL CORPORATION v. HUGHES CONSTRUCTION, INC. et al.; and vice versa.

MARKLE, Judge.

Blackburne & Sons Realty Capital Corporation organized a group of investors

who loaned money to build several hospice facilities, including one in Eatonton and

one in Monticello, that are the subject of these appeals. The loans were based on

certain appraisals, and, when the owners defaulted on the loans, Blackburne

discovered that the appraisals had over-valued the real property. Blackburne then

sued the appraisers, Peach Appraisal Group, Inc. (PAG), and the builder, Hughes

Company, and its owner (collectively the Hughes defendants),1 alleging that the

builder fraudulently obtained the over-valued appraisals in order to secure the loans

1 Hughes Construction, Inc.’s correct name is Hughes Company. as a means to recoup money it was owed.2 Both parties moved for summary judgment.

The trial court granted summary judgment to the Hughes defendants with regard to

the claims involving the Eatonton facility, and Blackburne appeals in Case No.

A23A0002. As to the claims involving the Monticello facility, the trial court denied

both parties’ motions and issued a certificate of immediate review. We granted the

interlocutory application, and the Hughes defendants now appeal from that order in

Case No. A23A0488. Because Blackburne is not the real party in interest, we vacate

the judgments in both cases, and remand the cases for further proceedings.

Summary judgment is appropriate if the pleadings and the undisputed evidence show that there exists no genuine issue as to any material fact, and that the moving party is entitled to judgment as a matter of law. OCGA § 9-11-56 (c). On appeal from the grant or denial of summary judgment, the appellate courts conduct a de novo review, construing all reasonable inferences in the light most favorable to the nonmoving party.

(Citation omitted.) Rome Granite v. Pinnacle Bank, 364 Ga. App. 848, 849 (872 SE2d

895) (2022).

2 Blackburne originally filed two separate suits, one arising from the Eatonton loan and the other from the Monticello loan. The trial court considered each case separately. We have consolidated them on appeal.

2 So viewed, the record shows that the Hughes defendants were hired to build

several hospice facilities for George West.3 Relevant to these appeals, in 2011, the

Hughes defendants contracted to build a facility in Monticello, and one in Eatonton.

At some point, West stopped making payments, and the Hughes defendants ceased

construction.4

In 2015, West sought funds to complete construction of the Eatonton facility.

West contacted PAG and requested it prepare an appraisal of the property. PAG

obtained cost sheets from the Hughes defendants, showing the cost to build the

Eatonton facility, and PAG ultimately valued the finished property at $3.4 million.

Blackburne, which operates as a commercial loan broker and servicer, solicited

investors to fund the loan. Blackburne sent copies of the appraisal to its pool of

investors, and ultimately agreed to fund a loan in the amount of two million dollars

for completion of the Eatonton building.

3 Drs. George West and Peter Lee utilized a series of corporations to handle the ownership of the land and buildings, and created other companies to lease and operate the facilities. Although Blackburne conducted extensive discovery regarding the relationship between the entities, the corporate structure is not relevant to our discussion here. Because the record reflects that the Hughes defendants were in contact primarily with West, we refer to him in this opinion. 4 West was in arrears of over five million dollars.

3 For the Monticello property, Blackburne directly hired PAG to complete an

appraisal. PAG again obtained cost estimates from the Hughes defendants and valued

the Monticello property at $3.45 million. The investors received the appraisal and

Blackburne financed a loan in the amount of $2.3 million for the Monticello facility.

The funds from both loans were used to pay some of the outstanding balance West

owed the Hughes defendants.

By late 2017, the Eatonton loan went into default. Blackburne foreclosed on

the property, at which time it learned that the Eatonton property was worth only about

$675,000. In addition, the Monticello loan went into default, and Blackburne

foreclosed on that property as well.

Blackburne then filed suit against PAG on behalf of the investors. Blackburne

ultimately settled with PAG, and it filed an amended complaint against the Hughes

defendants, alleging fraud and conspiracy to commit fraud.

Following extensive discovery, both Blackburne and the Hughes defendants

moved for summary judgment. In its motion, Blackburne argued that the Hughes

defendants inflated the building costs to induce it to loan the funds in order to obtain

payment on the outstanding debt, and that it was justified in relying on the cost sheets

and appraisals. In their motion, the Hughes defendants argued that Blackburne lacked

4 standing to bring a fraud claim on behalf of the investors; the claims were barred by

the statute of limitation; and the fraud claim failed on the merits because there was

no intent, justifiable reliance, or damages to Blackburne.

To address the standing issue, Blackburne submitted the deposition of its

corporate executive, who testified that Blackburne had the authority to file suit on its

investor’s behalf pursuant to a contract. She further explained that any investor who

did not wish to participate in the suit was required to assign their claims to investors

who did.

Following a hearing on the motions for summary judgment, at which the parties

disputed whether Blackburne had standing as the real party in interest, Blackburne

moved to substitute the individual investors as the real parties in interest under

OCGA §§ 9-11-17; 9-11-19. The Hughes defendants opposed the motion, noting that

Blackburne had waited nearly two years before filing the proposed substitution,

despite knowing that it was at issue. Thus the Hughes defendants argued that they

would be prejudiced if the motion were granted because discovery would have to be

reopened.

The trial court granted summary judgment to the Hughes defendants with

regard to the Eatonton property. Although the court rejected the procedural claims for

5 lack of standing and statute of limitation, it concluded that there was no justifiable

reliance because the Hughes defendants never sent the allegedly false costs to

Blackburne, and the appraisal was not prepared for Blackburne. It does not appear

that the trial court ruled on the pending motion to substitute parties. Blackburne

appeals from the order granting summary judgment to the Hughes defendants in Case

No. A23A0002.

With regard to the Monticello property, the trial court denied both parties’

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HUGES CONSTRUCTION, INC. v. BLACKBURNE & SONS REALTY CAPITAL CORPORATION, Counsel Stack Legal Research, https://law.counselstack.com/opinion/huges-construction-inc-v-blackburne-sons-realty-capital-corporation-gactapp-2023.