Meet our Loan Officer Brian Mitchell. Brian has five years of commercial real estate experience at HALL Structured Finance (HSF). He began his career as an intern for HSF during his summer, while obtaining a master’s degree. As Loan Officer Brian’s primary focus is originating new loans with an emphasis in underwriting and financial analysis.
When the coronavirus pandemic reached the U.S., Hall Structured Finance paused its lending for new hotel development. The company started its lending for hotel construction projects in mid to late 2020 once it determined its portfolio was healthy and could add on new projects, Vice President Brad Ferguson said.
Dallas-based Edison Equity Management has received $23 million in construction financing for the development of 55 Resort Apartments, an age-restricted multifamily property located in Greeley.
Borrowers dealing with unpredictability in real estate financing have more options than just traditional lenders. In fact, working with a private lender can have more benefits than just financing a deal and getting a project launched. That’s according to Donald Braun, President of the HALL Group and Managing Director of HALL Structured Finance (HSF), HSF is a private lender with a focus on providing multifamily and hotel construction loans and hotel bridge loans. GlobeSt.com reached out to Braun to discuss the advantages private lenders have over banks and other lending institutions and what the resulting adaptability means for developers.
“The Benson Hotel is an iconic hotel, and we are excited for the opportunity to add to a historical experience that guests have been visiting for over 100 years,” said Mike Jaynes, president of HSF. “We are thrilled to be a part of the continued history and reactivation of this celebrated and top-ranking hotel in Portland and believe it will flourish with the addition of the Hilton Curio Collection loyalty program.”
Dallas-based private lender Hall Structured Finance (HSF) has provided $51.1 million in first lien bridge debt to Coast Hospitality to refinance and fund renovations on the historic Benson Hotel in Downtown Portland, Ore., according to information from HSF.
Colorado Springs, Colo., emerged this summer as one of the nation’s hottest hotel markets. Just in time, it seems, the first Marriott International-branded, extended-stay hotel in Downtown Colorado Springs is expected to open next spring, helped by a $55.6 million construction loan that was provided by Dallas-based, private hotel construction lender HALL Structured Finance (HSF).
A quartet joint venture of real estate investors and developers have nabbed $55.6 million in construction debt from HALL Structured Finance (HSF) to build a dual-flagged Marriott International, SpringHill Suites and extended-stay Element by Westin hotel in Downtown Colorado Springs, according to information from the lender.
August 25, 2021
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