News

Hall Structured Finance (HSF) has provided a $43.1 million construction loan for a new eight-story hotel project in Midtown Nashville.

Demolition looms of the three-building Louise Douglas Apartments on Elliston Place within the Rock Block, as the development company prepping to reinvent the site with a Holiday Inn Express has landed a construction loan.

A joint venture between Morristown, New Jersey-based Hampshire Companies and Frisco, Colorado-based The Pinnacle Companies has secured a debt package worth US$45.5 million from HALL Structured Finance, Dallas, Texas, to refinance a Marriott-branded hotel in northern New Jersey.

Dallas-based HALL Structured Finance has provided a $45.5 million bridge loan for the refinancing of MC Hotel, a 159-room boutique lodging property located in the Northern New Jersey community of Montclair.

Hotels are changing hands and being financed across the country, including NewcrestImage adding a Dallas extended-stay property.

This roundup features the latest financing of U.S. hotel industry deals and projects.

Hall Structured Finance (HSF) supplied the first mortgage bridge loan on the JV’s MC Hotel in Montclair, N.J, which operates under the flag of Marriott International’s Autograph Collection. 

Dallas-based Hall Structured Finance has closed a new $24.5 million first lien construction loan to finance the development of a dual-flagged Fairfield Inn and TownePlace Suites by Marriott in Tempe, Ariz.