Dallas-based HALL Structured Finance (HSF) announced today that the company has originated a new first lien construction loan totaling $38.7 million to finance the development of the ROOST Apartment Hotel located in Charleston, South Carolina.
Dallas-based Hall Structured Finance has originated a new first lien construction loan totaling $38.7 million to finance the development of the Roost Apartment Hotel in Charleston.
HALL Structured Finance (HSF) Senior Vice President of Capital Markets Mike Canning discusses the relationship between rising interest rates and hotel and multifamily new construction. While rising interest rates present many challenges and setbacks in the market, they are just one of the factors that influence new commercial development.
Dallas-based Hall Structured Finance (HSF), a direct private commercial real estate lender, has originated a $43.1-million first lien construction loan to finance the development of an eight-story, 184-room Holiday Inn Express in Nashville.