Highwoods Realty Ltd. Partnership v. Community Loans of America, Inc.

BLACKBURN, Presiding Judge.

In this action on a guaranty, landlord Highwoods Realty Limited Partnership (“Highwoods”) appeals the summary judgment granted to Community Loans of America, Inc. (“CLA”), arguing that the trial court erred in concluding that CLA had not guaranteed the obligations of a new tenant who assumed the lease obligations of a prior tenant (CLA’s subsidiary) and who later increased the term and rent obligations of the lease. We hold that CLA’s guaranty obligations pertained only to the obligations of its subsidiary (the prior tenant), which obligations were undisputedly…