The Gale Residences

Ft. Lauderdale, Florida

12-story, 129-unit luxury condominium project in Ft. Lauderdale, Florida.

HALL Structured Finance has been great to work with and their flexible, uniquely-tailored approach to finance our development made this loan closure possible. We’re grateful to have partners that support our vision.

Harvey Hernandez, Chairman & Managing Director | Newgard Development Group

Deal Basics

35.6 million construction loan
12-story, 129-unit luxury condominium project in Ft. Lauderdale, Florida.
Project developer: Harvey Hernandez, founder of Miami-based Newgard Development Group

Unique Challenges

At the time of closing, there were concerns about how long the South Florida condominium market would remain stable.

The Solution

HALL Structured Finance appreciated the experience and strong financial support of the project provided by the borrower, as well as strong pre-sales and the well conceived nature of the project. HALL Structured Finance was able to provide a financing solution to facilitate project groundbreaking, providing additional sales momentum for the property to continue steady pre-sale progress.

Success Stories

We are driven by the visions of our clients and fueled by our team’s uncompromising work ethic. With close to a billion dollars 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.

Now let's get started

Contact us today to learn how we can help you
get one step closer to bringing your vision to life.