Full-Service Hotel & Convention Center
With Hilton at Polaris being the first full-service major hotel in the submarket, we needed a lender with unique expertise. HALL Structured Finance has extensive real estate experience, especially with emerging growth markets.
$43 million 1st and 2nd mortgage construction loan
Three year term with two one-year extension options
Attractive Polaris area location
Four-star hotel project
No existing full-service hotels in the sub-market
Significantly larger project than Sponsor’s prior developments
High loan basis per key
Provided a bridge loan at closing to allow development to commence allowing a portion of the equity requirement to be contributed post-closing
We are driven by the visions of our clients and fueled by our team’s uncompromising work ethic. With more than $500 million funded in first lien construction and bridge debt, mezzanine debt and preferred equity investments, the team’s focus on strong market fundamentals and quality assets paves the way for our proven track record.
Ft. Lauderdale, Florida
College Station, Texas
Oak Creek, Wisconsin
Contact us today to learn how we can help you
get one step closer to bringing your vision to life.