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.
The group behind a luxury mid-rise apartment complex planned for the Edge District has hit a financial milestone.
Dallas-based HALL Structured Finance (HSF) announced today that the company has closed a new lien construction loan totaling $16.1 million to finance the development of the apartment complex dubbed The Metro.
Meet our Closing Compliance Officer Renetta Gill. Renetta join HALL Structured Finance (HSF) in 2016 and now assists with closing and compliance. Renetta has been in the real estate industry for over 20 years. Prior to joining HSF, she worked at Cypress Equities in property management and construction development. She has professional experience in leasing, marketing, and property management and is a PTA healthy lifestyle chair for her son’s elementary school.
Meet our Vice President of Capital Markets Mike Canning. Mike joined HALL Structured Finance in 2015. He focuses primarily on capital markets activities for HALL Structured Finance (HSF) as well as HALL Group’s real estate holdings, along with various other activities within HALL Group. Prior to joining HALL Structured Finance, he held various analytical and project management roles at GE Real Estate. Mike holds a BA in Economics and Business from Virginia Military Institute.
Meet our President Mike Jaynes. Mike has over 30 years of commercial real estate experience and is directly responsible for loan originations and the asset management of HALL Structured Finance’s outstanding loans. He rejoined HALL Group in 2000 after working more than 7 years at GE Capital Real Estate as Vice President and Program Manager. At GE Capital Real Estate, Mike was responsible for the performance of equity and debt portfolios valued at more than $2 billion dollars, consisting of over 240 multifamily, office, retail and hotel assets located throughout the country. Mike is a graduate of the Ohio State University, with a BS in business administration and a concentration in real estate.
Meet our Vice President Allyson Van Blarcum. Allyson joined HALL Structured Finance (HSF) in 2021 and her primary responsibility is new loan originations with a focus on sourcing, structuring, underwriting, and closing ground up construction and bridge loans. Prior to joining HSF, Allyson held debt origination roles at both ACORE Capital and GE Capital Real Estate and since 2013, she has been involved in closing over $4.5B of debt transactions. Allyson holds a BBA degree with honors in Real Estate and Professional Selling from Baylor University. She currently serves on the Board of Directors for Hope Cottage, the oldest nonprofit, non-faith-based adoption agency in Dallas.
DALLAS — The hotel sector was hit especially hard by the pandemic. With social distancing requirements and travel restrictions relaxing, the hospitality industry can finally plan for new product, according to David Cain, VP of HALL Structured Finance (HSF). GlobeSt.com reached out to Cain to discuss what’s next for hospitality construction financing, including the asset types and locations most favored by lenders.
May 24, 2021
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