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HALL Structured Finance Builds on a Record Year in Hospitality Lending
Headwinds from inside the Beltway can’t dampen the momentum for HALL Structured Finance (HSF), as they rack up another record year in 2019.
December 4, 2019
HALL STRUCTURED FINANCE CLOSES $26.7M LOAN TO FINANCE THE CONSTRUCTION OF A HYATT HOUSE IN SACRAMENTO, CALIFORNIA
Dallas-based HALL Structured Finance (HSF) announced today that the company has closed a new first lien construction loan totaling $26.7 million to finance the development of a Hyatt House in Sacramento, California. The new 128-room hotel is anticipated to open in 2021, and the project developer is Roger Hume, founder of Hume Development Inc.
November 20, 2019
Eastern Star hotel conversion gets $26.7 million construction loan
Conversion of the Eastern Star building into a Hyatt House hotel is drawing near, with the developer securing a construction loan for most of the cost. HALL Structured Finance announced it was providing Hume Development Inc. with a $26.7 million first-lien loan for the project, at 2719 K St. in midtown Sacramento.
November 19, 2019
Ed Bushor: Creating “Ohana” with Hospitality
Ohana is a Hawaiian term meaning family, and in a much wider sense, it often refers to friends, acquaintances and entire communities. HALL Structured Finance borrower Ed "Z" Bushor, CEO of Tower Development, Inc., develops real estate throughout the Hawaiian Islands with the goal of creating a sense of “ohana” between his projects and the local community. We sat down with Ed to learn more about his impressive portfolio of properties and his mission of responsible development.
October 29, 2019
How to Establish a Competitive Advantage
Mike Canning, Vice President of HALL Structured Finance (HSF), has been in the construction lending industry for 12 years. As social media has evolved during the course of his career, so has the influence and impact of face-to-face networking. An expert in the hospitality industry, Mike discusses how HSF remains competitive within this changing networking landscape.
October 14, 2019
Late Cycle Insight for Borrowers
DALLAS — To use a well-worn metaphor, we’re in the latter innings of a nine-inning economic game. But what exactly does that mean for developers looking to bring their next big thing out of the ground? As Mike Jaynes, president of HALL Structured Finance (HSF), tells GlobeSt.com, there are indeed cautionary notes at this stage in the upswing, not the least of which are the ever-rising costs of material and labor– which he pins at approximately 15 percent year-over-year.
September 24, 2019
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