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.
Dallas-based HALL Structured Finance, a private lender to the real estate industry, announced Wednesday that it has closed a $23.2 million first lien construction loan to finance development of the 233-room, nine-story Hyatt House and Hyatt Place hotel.
Dallas developer Craig Hall's structured finance division — Hall Structured Finance — has made a $37.7 million loan to finance the construction of a luxury apartment community near Orlando in Florida.
The hotel industry, and the lending environment in particular, is in a state of transition as many wonder when the cycle will end. But lenders speaking at the recent Hotel News Now Lender Roundtable said that doesn’t have to be a bad thing. Here are some of their takeaways on the state of the industry.
September 26, 2016
Learn More
Now let's get started
Contact us today to learn how we can help you get one step closer to bringing your vision to life.