In response to the challenges facing the hospitality industry from the COVID-19 pandemic, president of HALL Structured Finance (HSF) Mike Jaynes introduces HSF’s new bridge loan program directed towards hotel owners, operators and developers in need of recapitalizing their property during these challenging times.
President of HALL Structured Finance (HSF) Mike Jaynes discusses how HSF has responded to the current pandemic that has impacted the hospitality industry, while delving into how the company has pivoted its business model to focus on the multifamily industry.
Hall Structured Finance is looking to finance more than $600 million in projects by the end of 2020, the firm’s president, Mike Jaynes, said. The private real estate lender has increasingly closed on larger deals in the past couple of years. Its typical range now falls between $15 million and $150 million. Jaynes said that the firm is on the “hunt for larger opportunities.”
Doradus Partners has pinned down a $140M construction loan to build four new hotels near Walt Disney World Resort in Florida, according to HALL Structured Finance (HSF), which originated the debt.
Dallas’ Hall Structured Finance is starting the New Year with a trip to Disney World. The lending arm of Hall Group is making a $140 million construction loan on four new hotels with almost 1,000 rooms at the entrance to the Florida resort.
As Managing Director of Chicago-based Paramount Capital Advisors (PCA), John Pascal sources institutional capital, both debt and equity, for real estate investors and developers. Working in concert with Paramount Lodging Advisors (PLA), the sister company of PCA, John brings a wealth of expertise in the hospitality industry to serve his clients. As a result, John has facilitated a handful of hotel development transactions for HALL Structured Finance (HSF) over the years.
HALL Structured Finance (HSF) entrepreneur and borrower Bob Gustin is the Managing Member of GPG Development LLC (GPG), a real estate development company based in Albuquerque, New Mexico. According to Bob, being an entrepreneur is all about taking calculated risks, and Bob has taken many risks throughout his career, helping him create the pioneering company he leads today. HSF sat down with Bob to learn more about his entrepreneurial career and what he has working next.