HALL Structured Finance has been great to work with and their flexible, uniquely-tailored approach to finance our development made this loan closure possible. We’re grateful to have partners that support our vision.
35.6 million construction loan
12-story, 129-unit luxury condominium project in Ft. Lauderdale, Florida.
Project developer: Harvey Hernandez, founder of Miami-based Newgard Development Group
At the time of closing, there were concerns about how long the South Florida condominium market would remain stable.
HALL Structured Finance appreciated the experience and strong financial support of the project provided by the borrower, as well as strong pre-sales and the well conceived nature of the project. HALL Structured Finance was able to provide a financing solution to facilitate project groundbreaking, providing additional sales momentum for the property to continue steady pre-sale progress.
We are driven by the visions of our clients and fueled by our team’s uncompromising work ethic. With more than $500 million funded in first lien construction and bridge debt, mezzanine debt and preferred equity investments, the team’s focus on strong market fundamentals and quality assets paves the way for our proven track record.
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Contact us today to learn how we can help you get one step closer to bringing your vision to life.