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While banks are more stringent with lending for hotel construction projects, this doesn’t signal a complete halt in development. Private and alternative lending sources, entering secondary and tertiary markets, and eyeing modular off-site building are paving the way for continued hotel development where speed-to-market without sacrificing quality and a quicker ROI are the worthwhile rewards.

Hall Structured Finance closed a new first-lien construction loan totaling $17.3 million to finance the development of a 127-room Residence Inn by Marriott in Mesa, Ariz. Suky and Jas Khangura, co-owners of Khangura Hotels, are the project developers.

Dallas-based Hall Structured Finance (HSF) has closed a new, $26-million, first-lien loan to finance the construction of the Park James Hotel in Menlo Park, CA.

HALL Structured Finance, the Dallas-based lending branch of HALL Group, has taken full advantage of the mini-vacuum of institutional lender hesitancy.

Developer Craig Hall's structured finance arm closed on two loans totaling $42 million in California, putting Hall Structured Finance on track to have $1 billion on its balance sheets by the end of next year.

Hall Structured Finance (HSF) has closed two new first lien loans totaling $42 million to finance the construction of two Cambria Suites in California—one in Sonoma County and one in Napa Valley.

Senior loan updates, straight from the source. SVP of HALL Structured Finance Matt Mitchell spoke with Sean McCracken at HotelNewsNow to shed some light on the state of hotel construction lending across the nation.

Speakers at the recent Meet the Money conference said availability is tightening for new-construction lending, but that hasn’t been enough to curb developers’ appetites.