Hotel Indigo

Houston, Texas

132 Rooms
Adaptive Reuse of Former Assisted Living Facility
Limited-Service Hotel

HALL has shown us the ability to look at opportunities creatively and not be constrained by formulas or templates. They have a broad vision of what can be accomplished when a creative developer works with a creative lender.
Jim O'Connell, Principal, Capri Inc., Partner in CGD Houston, LP

Deal Basics

$8.5 million first mortgage construction loan
High loan-to-cost
Four-year term
Repeat borrower
Excellent location in Galleria area of Houston

Unique Challenges

Capital restricted at time loan was originated due to soft market conditions
New hotel brand at time of origination

The Solution

Quick turn-around time
High LTV first lien

Success Stories

We are driven by the visions of our clients and fueled by our team’s uncompromising work ethic. With more than $1.2 billion dollars funded in first lien construction, 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.