Friday, August 13, 2021

NCLA Seeks En Banc Review in 11th Circuit as CDC Eviction Moratorium Extended to Early October

President Joe Biden 
 Washington, DC, Aug. 13, 2021 – Rick Brown, Sonya Jones, and Richard Krausz are among the thousands of mom-and-pop housing providers whose tenants owe them thousands or tens of thousands of dollars in back rent due to the eviction moratorium issued by the Centers for Disease Control and Prevention (CDC).

 That moratorium forbids property owners from retaking possession of their properties away from delinquent tenants, even if owners comply with state landlord-tenant laws.

 

Today, the New Civil Liberties Alliance filed a petition with the U.S. Court of Appeals for the Eleventh Circuit to rehear en banc the Brown, et al. v. CDC, et al. case.


Justice Clarence Thomas

NCLA argues the Eleventh Circuit panel erred in its decision to affirm the lower court’s refusal to enjoin CDC’s unlawful eviction moratorium, which exceeded the agency’s authority.


The majority did not reach the statutory authority question, instead deciding the case on the theory that NCLA’s clients did not demonstrate irreparable harm.

 

Supreme Court precedent and the Eleventh Circuit’s own precedent compel the Court to conclude that its equitable powers allow it to enjoin governmental abuses like the CDC moratorium.

 

The unlawful moratorium forces NCLA’s clients to incur substantial costs in providing free housing to tenants who refuse to pay rent.


Justice Samuel Alito
The eviction moratorium issued by CDC in March 2020 has now been extended until October 3, 2021.

 Despite the Eleventh Circuit panel’s 2-1 ruling, CDC’s ongoing and deliberate violation of the housing providers’ constitutional rights does constitute irreparable harm.

 

Petitioners have no means to seek damages from CDC and will have no redress for CDC’s now-deliberate effort to violate their constitutional property rights and rights to access state court procedures because the panel’s rule limited which constitutional rights merit injunctive relief.

 

President Biden has conceded repeatedly that CDC lacks the power to issue the eviction moratorium. On August 3, the day CDC extended its moratorium, President Biden spoke candidly about the issue, saying, “the courts made it clear that the existing moratorium was not constitutional; it wouldn’t stand.”


Justice Neil Gorsuch

The Supreme Court has also weighed in against the CDC eviction moratorium. After denying the application to vacate a stay in another lawsuit, five members of the Court espoused the view that the CDC Order was unlawful.

 

Justices Thomas, Alito, Gorsuch, and Barrett would have granted the application. Justice Kavanaugh concurred in the denial of temporary relief but explained that he agreed that the CDC “exceeded its existing statutory authority” and that any further extension would require Congressional action.


 Congress tried and failed to extend the moratorium, so CDC extended it anyway—once again without statutory authorization.


Justice Amy Coney Barrett
The Eleventh Circuit should vacate the panel opinion, grant rehearing en banc, and enjoin the moratorium.

 

NCLA released the following statement:

 

“No one, not even the President who oversees the CDC, thinks that the agency has the power to keep property owners from retaking possession of their own homes.

 

 "Yet the Eleventh Circuit passed the buck because of the limited term of the moratorium. This hesitance only emboldened the agency and the President to extend the order yet again.

 

Justice Kavanaugh


 "The rule of law must prevail, and the Court must put a stop to the agency’s abuse of power.”




 

— Caleb Kruckenberg, Litigation Counsel, NCLA

 

For more information, please visit the case page here.

 

ABOUT NCLA

 

NCLA is a nonpartisan, nonprofit civil rights group founded by prominent legal scholar Philip Hamburger to protect constitutional freedoms from violations by the Administrative State.

Caleb Kruckenberg

NCLA’s public-interest litigation and other pro bono advocacy strive to tame the unlawful power of state and federal agencies and to foster a new civil liberties movement that will help restore Americans’ fundamental rights.

 



CONTACT:

 Judy Pino

 202-869-5218

KAI Breaks Ground on New Urban League of Metropolitan Saint Louis Senior Apartments and Community Center in North St. Louis County

The $10 million, three-story building will include
44 resident units (40 one-bedroom units
and four two-bedroom units), plus
a community room on the main level
         for 12-15 people and a resident
 lounge with kitchenette
 and restrooms.

 

(Dallas, TX, Aug. 13, 2021) KAI joined the Urban League of Metropolitan Saint Louis Aug. 9 to officially break ground on the organization’s new Senior Apartments and Community Center in North St. Louis County.

 

Rita Heard Days

The 40,000-square-foot facility will be built at 9947 West Florissant in the City of Dellwood. KAI is providing Design-Build services on the project.

 

Presenters at the groundbreaking ceremony included Urban League President & CEO Michael P. McMillan, St. Louis County Executive Sam Page, St. Louis County Council Chair Rita Heard Days, City of Dellwood Mayor Reggie Jones and Missouri State Senator Brian Williams.

 

 Michael P. McMillan

The Urban League of Metropolitan Saint Louis’ mission is to empower African Americans and others throughout the region in securing economic self-reliance, social equality and civil rights. 


The organization is committed to investing in the continued redevelopment of the West Florissant Corridor through Dellwood and Ferguson. 


Michael Kennedy, Jr.

This new development will give seniors in Dellwood not only the opportunity to live in a brand new building but to also have easy access to many services and programs offered by the organization, including the popular Senior Empowerment Series.

 

Michael Gardner

The $10 million, three-story building will include 44 resident units (40 one-bedroom units and four two-bedroom units), plus a community room on the main level for 12-15 people and a resident lounge with kitchenette and restrooms. 

The main level will also include a private managers office, reception area, workroom and shared access to the community room. Construction on the building is expected to be completed in December 2022.


Reggie Jones

At a time when the shortage of affordable housing in communities around the United States regularly makes the headlines, another less-visible housing crisis is also intensifying, says KAI CEO Michael Kennedy, Jr.

 

The number of elderly people with ‘worst case housing needs’—defined as renters with low incomes who do not receive government housing assistance and pay more than one-half of their income for rent, live in severely inadequate conditions, or both—is increasing rapidly.


Nearly 10 million households with an occupant over age 65 spends more than 30 percent of their income on housing; roughly 5 million of those households spend more than 50 percent.


Brian Williams

“The growth in the population of Americans aged 65 or older is projected to reach nearly 73 million in 2030, and more than 83 million in 2050, which means that senior households increasingly will be renters,” said Kennedy.


 “Resources for housing and supporting our aging population are scarce in relation to the scope of the problem.

 

"To the Urban League and its board members and donors, the Missouri Housing Development Commission and Michael Gardner and his team at Gardner Capital, St. Louis thanks you; this community thanks you; and I thank you for partnering with KAI to bring seniors in this community this much needed project.”  

 

  CONTACT:

Jennifer Beidle

314-607-9459

jennifer@jbeidlepr.com

www.kai-db.com.

 

InvenTrust Properties Corp. Announces Renovation of Cyfair Town Center in Cypress, TX

 Jennifer Pollock

 

HOUSTON, TX --  InvenTrust Properties Corp. ("IVT") announced it will begin a bold renovation of Cyfair Town Center. 


The 433,667-square-foot shopping center, anchored by Kroger, JC Penney and Cinemark, is located at the intersection of US-290 Highway and Spring Cypress Road in the Houston suburb of Cypress, Texas. 


The first phase of the renovation of the multi-tenant buildings will begin in this month, with completion scheduled for the fourth quarter of 2021.  The second phase will begin in January 2022 with completion anticipated in late Summer 2022.

 

IVT's improvements to the center will include vivid new paint in a dramatic palette, LED lighting along the storefront exteriors, storefront awnings, as well as upgraded signage and enhanced landscaping throughout the property. 



Mark A. Vondrak

 Benches and niche gathering areas will be incorporated to provide visitors an enjoyable environment to convene with family and friends.  New under-canopy signs for each business will guide customers to their shopping destinations and upgraded pylon signs will help to identify the property at its many access points.  


InvenTrust will be working with local organizations to produce murals that will adorn the property and serve as Instagrammable backdrops for community shoppers and visitors.


Cyfair Town Center, a  433,667-square-foot shopping center,
anchored by Kroger, JC Penney and Cinemark,
 at the intersection of US-290 Highway and
Spring Cypress Road in the Houston
suburb of Cypress, TX



 Mark Vondrak, InvenTrust Properties' VP of Leasing and Jennifer Pollock, Senior Leasing Representative, oversee leasing at Cyfair Town Center.

 

Cyfair Town center is ideally located along the heavily traveled Spring Cypress Road, adjacent to US-290 Highway and just minutes from future single family residential growth in several neighborhoods including Fairfield, Dunham Pointe and Bridgeland. 


In addition to its anchor tenants, the center also features local, regional and national restaurants, services and retailers for a broad range of family needs, as well as a two-story building for medical and service uses.

 


CONTACT:


Stacey Hershauer

stacey@foucusaz.com

480.600.0195


David Ebeling

david@ebelingcomm.com

949.278.7851




Thursday, August 12, 2021

JLL Capital Markets closed the sale of the 200-unit The Remington multi-housing community to GPI Investment LLC and arranged acquisition financing in Killeen, TX

 

 Nicole Fontaine

AUSTIN, TX – JLL Capital Markets announced it has closed the sale of and arranged acquisition financing for The Remington, a 200-unit, garden-style multi-housing community in the central Texas city of Killeen, Texas.

The Remington, a 200-unit, garden-style
 multi-housing community in the
central Texas city of Killeen, TX

 JLL marketed the property on behalf of the seller, NALS Apartments Homes. JLL worked on behalf of GPI Real Estate Opportunity Fund to originate the Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender. 

Sean Sorrell

The Remington comprises one- and two-bedroom units ranging from 450 to 1,100 square feet. Units feature a ceiling fan, separate dining area and private patio/balcony with storage closets.

Select units feature a full-size washer and dryer, upgraded faux wood flooring and wood-burning fireplace. Community amenities include a seasonal swimming pool and sundeck, fitness center, off-leash dog park, car wash area, barbeque grills, business center and laundry facility.

 

Located at 1001 North Twin Creek Dr., The Remington is approximately 60 miles north of Austin, 50 miles southwest of Waco and 10 miles southwest of Temple in central Texas.

Steven Hahn Jr.
The property is just north of heavily traveled thoroughfares Highway 190 and Interstate 14, providing residents ease of access throughout Killeen and to nearby employment hubs. 

Just 15 minutes from the property is Killeen’s western neighbor, Fort Hood, the largest U.S. Army base in the world.

 There are currently 45,000 military personnel assigned to Fort Hood, with a civilian workforce over 20,000.

 Other major employers in the Killeen-Temple-Fort Hood MSA include the Scott & White Memorial Hospital, McLane Company, Killeen ISD, Texas A&M University-Central Texas, Metroplex Health System, City of Killeen, Atmos Energy, Westar Aerospace, Bell Glass, L-3 Communications, Pactiv Corporation and Wilsonart International.

Art Barnes
The JLL Capital Markets Investment Sales Advisory team representing the seller included Senior Managing Director Sean SorrellSenior Director Steven Hahn Jr., Director Art Barnes and Senior Directors Ryan McBride and Joe Dowdle. Analysts for the JLL team included Nicole Fontaine and Sam Nichols.

 The JLL Capital Markets Debt Placement team representing the borrower was led by Senior Director CW Sheehan and analysts Matthew Ctvrtlik and Scott Dickey.

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement or a recapitalization.

Ryan McBride
The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

 For more news, videos and research resources on JLL, please visit our newsroom.

  

Agency/GSE lending and loan servicing are performed by JLL Real Estate Capital, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated.

 

About GPI Real Estate Opportunity Fund

 

GPI Real Estate Opportunity Fund is a private equity real estate investment fund focused on acquiring value-add and distressed assets.


Joe Dowdle
Through active management, the Fund will seek to invest in assets that provide the Fund with stable rental income and substantial capital appreciation.

 

The Fund is sponsored by GPI Capital which has over 12 years of experience in commercial real estate investment.

 

GPI Capital has invested in over 6,900 units of multifamily properties, one full-service hotel and three student housings.

 



Headquartered in Houston, Texas, GPI Capital is a vertically integrated real estate investment and management firm with complex understandings of acquisitions, asset management, and property management.

 

Sam Nichols
About NALS Apartments Homes


NALS Apartment Homes is a fully integrated real estate investment firm engaged in the acquisition, ownership, management, and rehabilitation of multifamily apartment communities. 


Headquartered in Santa Barbara, Calif., NALS owns and manages over 15,000 apartment homes geographically dispersed across 15 different markets.

 

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.

CW Sheehan
JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

JLL is a Fortune 500 company with annual revenue of $16.6 billion, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021.

JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.

 

 

 

  



CONTACT:

  Cierra Lacasse

PR, Capital Markets

JLL

T +1 602 648 8701

M +1 408 318 8021

JLL.com

gpi-investment.com.