Lending Portfolio
Transaction Details
HALL Structured Finance provided a first lien loan for Uptown Tower in Dallas, Texas. The loan, provided to Bradford UPT Partners LLC – an affiliate to Bradford Companies, was used to facilitate the acquisition of the office tower and fund future improvements. Originally built in 1982, Uptown Tower is a 12-story, 253,981 RSF building connected to a six-story parking garage. Planned upgrades include a new first-floor lobby, added fitness center, garage access controls, and enhancements throughout communal spaces.
Deal Basics
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location
Dallas, Texas
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loan amount
$30.8 Million
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loan type
Acquisition Bridge Loan
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property type
Office