HALL Structured Finance Originates $34.7 Million Construction Loan for the Washington Apartments in Eau Claire, Wisconsin

DALLAS, TEXAS – January 22, 2026 – Dallas-based HALL Structured Finance (HSF) announced today that the company has closed on a $34.7 million first lien construction loan for the development of The Washington apartments in Eau Claire, Wisconsin. The sponsor for the project is Altitude Capital Partners Investment Experts. Matt McManus of M2 Equity Advisors brokered the deal.

The Washington will be a new 200-unit residential development made up of three buildings, one of which is an adaptive reuse and preservation of a 1937 historic former building being transformed into 53 modern apartment units. The overall project will include amenities such as a rooftop deck, fitness, and coworking spaces. This blend of renovation and new construction reflects Eau Claire’s broader trend of revitalizing existing buildings to meet growing housing demand while retaining local character.

Located just minutes from downtown Eau Claire and the city’s major employment, education, and healthcare hubs, The Washington is well-positioned to attract a diverse renter base.

“Eau Claire represents a fundamentally strong multifamily regional market, one that has maintained healthy occupancy and positive net absorption even amid elevated deliveries in recent years,” said Brian Mitchell, HSF Vice President and loan originator. “The Washington’s highly amenitized design differentiates it from existing housing product, positioning the project to compete against existing inventory and new supply. Combined with Altitude Capital Partners’ strong capitalization and proven experience, this was a compelling opportunity for HSF to support a high-quality and unique development.”

Altitude Capital Partners was founded in 2005 and is based out of Chicago, Illinois. Its focus is on investing in real estate and private credit, as well as providing capital advisory services.

“We are pleased with our partnership with Hall Structured Finance, which enabled us to move forward with the next phase of The Washington despite a challenging capital markets environment,” said Brian Dohmen, Altitude Capital Partners Managing Partner and Director of Investments and Capital Markets. “Their disciplined process and strong understanding of the market helped us realize our vision of transforming The Washington into much-needed, high-quality housing in Eau Claire.”