HALL Structured Finance Originates $28.4 Million Construction Loan for Prado Lofts in Jackson, Mississippi

DALLAS, TEXAS – January 22, 2026 – Dallas-based HALL Structured Finance (HSF) announced today that the company has closed on a $28.4 million first lien construction loan for the development of Prado Lofts at Meadowbrook, a Class A multifamily project located in Jackson, Mississippi. The sponsor for the project is PraCon Global Investment Group. The deal was brokered by David Jungreis of LUMENT.

Prado Lofts will be a four-story, urban-style multifamily development consisting of 135 residential units. Unit interiors will feature quartz countertops, stainless steel appliances, and private balconies. The property will offer upscale amenities, including a resort-style swimming pool with cabanas, a fitness center with Peloton equipment and yoga studios, a coworking and business center, and a dedicated pet park.

The project is strategically located less than three miles from Jackson’s major medical district and within 20 minutes of major employers, including the University of Mississippi Medical Center. The surrounding submarket is experiencing increased demand for higher-quality rental housing driven by growth in the medical sector and continued business expansion in the Jackson area. Notably, there are currently no competing multifamily properties under construction within the submarket.

“Jackson is underserved when it comes to high-quality, Class A multifamily housing,” said Brad Ferguson, loan originator and Vice President at HALL Structured Finance. “Prado Lofts is thoughtfully designed to meet that demand, offering an elevated living experience in a market with limited new supply. We are pleased to support PraCon Global Investment Group on their first multifamily development and look forward to seeing this project contribute meaningfully to the Jackson community.”

PraCon Global Investment Group was established in 2021 and is headquartered in Jackson, Mississippi. Prado Lofts represents the firm’s first multifamily development project as it continues to expand its real estate investment and development platform.

“Prado Lofts at Meadowbrook reflects the strength of this community, and I’m grateful to our state and local leaders, our team, our families, and everyone who made this possible,” said Gabriel Prado, CEO and President of PraCon Global Investment Group. “I also thank our financial partner, Hall Structured Finance—an exceptional team. Our partnership is a testament to resilience and the power of never giving up on a project we believed in.”

“This project shows that private partners see real value in Jackson and are willing to stand with this administration to move the city forward,” said City of Jackson Mayor John Horhn. “Through modernizing how the city does business and strengthening relationships with both public and private partners, my administration has been clear: Jackson is open for business and ready to welcome serious, long-term investments.”