“Although the market is expecting a pullback by conventional lenders such as banks and the CMBS market, a good portion of the void can be filled by debt funds and private lenders like Hall Structured Finance, which have dry powder.”
Donald Braun, president of Dallas-based lender Hall Structured Finance, said his firm continues to be "anxious and open to do a lot of new originations in 2023."
Recently, we have seen growing demand for private financing as traditional lending institutions have pulled back due to regulatory and capital constraints. What does this mean for developers? A greater need for private funding.
Meet our Loan Officer Bryce Yamauchi. Bryce joined HALL Structured Finance (HSF) in 2021 and focuses on loan originations for HSF. Bryce is a graduate from the University of Hawaii and holds a bachelors degree in mathematics.
Las Vegas-based Growth Holdings has received a $85 million first lien construction loan for the development of Otonomus Las Vegas, a residential and short-term rental property.
Dallas-based Hall Structured Finance said in a news release that it originated the first lien construction loan for the Home2 Suites by Hilton and Tru by Hilton being developed by Houston-based PA Hospitality.