News

Hyatt Place Hotel to occupy Southwestern Bell building after redo

The development group, including Anthony Patel and Nick Patel of Pride Management, has obtained a $22.8 million loan for the long-vacant building from Dallas-based Hall Structured Finance, the companies announced. Renovation of the 16-story high-rise is targeted for completion by March 2019.
November 16, 2017
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Think Beyond the Traditional to Secure Hotel Financing

While banks are more stringent with lending for hotel construction projects, this doesn’t signal a complete halt in development. Private and alternative lending sources, entering secondary and tertiary markets, and eyeing modular off-site building are paving the way for continued hotel development where speed-to-market without sacrificing quality and a quicker ROI are the worthwhile rewards.
October 30, 2017
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Hall Structured Finance closes $17M construction loan for Arizona Marriott

Hall Structured Finance closed a new first-lien construction loan totaling $17.3 million to finance the development of a 127-room Residence Inn by Marriott in Mesa, Ariz. Suky and Jas Khangura, co-owners of Khangura Hotels, are the project developers.
October 23, 2017
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Initial Deals: HSF, MCR, HREC See Activity

Dallas-based Hall Structured Finance (HSF) has closed a new, $26-million, first-lien loan to finance the construction of the Park James Hotel in Menlo Park, CA.
October 9, 2017
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Hospitality Construction Lending Isn't Down. It's Adapting

HALL Structured Finance, the Dallas-based lending branch of HALL Group, has taken full advantage of the mini-vacuum of institutional lender hesitancy.
September 1, 2017
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Developer Craig Hall's structured finance arm to book $1B by next year

Developer Craig Hall's structured finance arm closed on two loans totaling $42 million in California, putting Hall Structured Finance on track to have $1 billion on its balance sheets by the end of next year.
August 25, 2017
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