What HALL Structured Finance does

HALL Structured Finance is a Dallas-based, balance-sheet direct private lender founded in 1995 as part of the diversified HALL Group. The firm originates non-recourse first-lien construction loans, bridge loans, preferred equity, and mezzanine debt for experienced commercial real estate sponsors across the U.S., with a stated deal-size range of $20 million to $200 million, terms up to 36 months, and closing timelines of 60-90 days. Its core verticals are multifamily, hotel/hospitality, and (re-entered in 2025) office, alongside other commercial projects; recent co-branded programs include the Hyatt Studios Structured Loan Program (launched with Hyatt in June 2026) and integrated C-PACE financing delivered in partnership with Nuveen Green Capital. Loan sizes typically span $20M-$200M at interests described as competitive but not publicly disclosed, with the Hyatt Studios program structured at 75-80% loan-to-cost. The firm actively transacts in 20+ states (including Texas, Florida, California, New York, New Jersey, Washington, Iowa, Wisconsin, and Mississippi) and is headquartered at 2323 Ross Avenue, Dallas, Texas.

The business model rests on originating and holding direct CRE debt on the HALL Group balance sheet rather than warehousing or syndicating through third-party capital. Revenue is generated through interest income on construction and bridge loans plus origination and financing fees collected at closing. Origination is primarily sales-led and relationship-driven, with active participation in industry conferences (ALIS, MBA), a content-marketing news and insights blog, and Dallas-area CRE broker relationships feeding a steady, mid-sized deal pipeline. The company does not offer a public API or software product; its principal differentiator is execution speed and structuring flexibility made possible by direct decision-making authority and capital flexibility unavailable to regulated bank lenders.

Organizationally, HALL Structured Finance employs 11-50 staff and is led by Founder & Chairman Craig Hall and President Mark Klipsch, who also serves as CFO of HALL Group. The management bench includes former Goldman Sachs Real Estate Finance, A10 Capital, Montgomery Street Partners, MetLife, KeyBank, Capital One, and Orix executives. Reported investment activity has remained steady through 2025-2026, with no disclosed external institutional capital raise since a $35.5M round in March 2018; operating cadence, however, includes multiple closings across multifamily and hospitality and a strategic re-entry into Texas office lending targeting $500M+ over two years.

Name

HALL Structured Finance

Legal name

Hall Structured Finance II, LLC

Website

https://hallstructuredfinance.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

HALL Structured Finance is a Dallas-based direct private lender founded in 1995 that provides non-recourse construction loans, bridge loans, and preferred equity to experienced commercial real estate developers across the U.S. It focuses on multifamily, hospitality, and office projects with loan sizes of $20M-$200M and is a subsidiary of HALL Group.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

akta.pro secondary industries

Specialty Finance / Structured Credit (FSANADAE), Spec/Tract Builder Construction Financing (FSALAHAC)

Keywords

• Commercial real estate lending
• Construction loan financing
• Bridge loan services
• Preferred equity investment
• Hotel development financing

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Interest Income from Loans: HALL Structured Finance generates revenue primarily through interest income on its construction loans, bridge loans, and preferred equity investments. The firm provides debt capital ranging from $20 million to $200 million, earning interest payments over the loan term. Loan terms typically extend up to 36 months with closing timelines of 60-90 days.
2. Origination and Financing Fees: As a specialty finance lender, HALL Structured Finance collects origination fees and other financing-related fees at loan closing. These fees contribute to the overall yield on its lending activities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

HALL Structured Finance is a Dallas-based direct private lender providing non-recourse first-lien construction loans, bridge loans, and preferred equity investments for commercial real estate developers. The firm finances multifamily, hotel, office, and other commercial projects nationwide with loan sizes ranging from $20 million to $200 million, terms up to 36 months, and closing timelines of 60-90 days. The firm operates as a balance-sheet lender, structuring creative capital solutions that conventional banks cannot accommodate due to regulatory constraints.

Product overview

HALL Structured Finance is a Dallas-based direct private lender offering creative financing solutions for commercial real estate projects. The firm operates as a single unified platform providing multiple loan products including non-recourse first-lien construction loans (for hotels, multifamily, office, and other commercial projects), bridge loans, preferred equity, and mezzanine debt. A key differentiator is the Hyatt Studios Structured Loan Program (a branded partnership with Hyatt Hotels) and C-PACE financing integration. The loan size range spans $20 million to $200 million, with terms up to 36 months and closing timelines of 60-90 days. The portfolio includes recent transactions across Marriott Tribute, Uptown Tower, MTN Scout Hotel, Compass by Margaritaville, The Ballad Hotel, and multiple multifamily developments nationwide.

Differentiator

Problem solved

Functional benefit

Brands

• Hyatt Studios Structured Loan Program: A dedicated financing solution for developers building Hyatt Studios extended-stay hotels across the United States, combining Hyatt's brand platform with HALL's hospitality lending expertise.

Products and services

• Hotel Construction Loans

Quantifiable outcome

• Closes loans in 60-90 days from application
• +1 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• HyattcoreStrategic or Co-development Partner · 18 June 2026Hyatt and HALL Structured Finance announced a strategic collaboration to launch the Hyatt Studios Structured Loan Program, a dedicated financing solution for developers building Hyatt Studios extended-stay hotels across the United States. The program combines Hyatt's brand platform with HALL's hospitality lending expertise to help developers overcome financing challenges and accelerate construction starts in a competitive lending environment. This partnership reflects Hyatt's commitment to supporting developer growth while expanding the Hyatt Studios footprint across more U.S. markets.
• Nuveen Green CapitalminorStrategic or Co-development PartnerHSF partnered with Nuveen Green Capital who provided an additional $27.77 million in C-PACE financing for the Dellshire Resort project in Wisconsin Dells, Wisconsin. This collaboration demonstrates HSF's ability to work with C-PACE providers to create capital cost efficiencies for borrowers.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Walker & Dunlop: Large publicly traded CRE finance company offering agency lending, debt brokerage, and capital markets advisory across multifamily and commercial real estate. Overlaps with HALL on construction and bridge debt, but operates at significantly larger scale with agency, GSE, and capital markets breadth.
• JLL Real Estate Capital Markets: Global CRE investment management and capital markets advisory, providing debt origination, equity placement, and structured finance. Competes with HALL on debt placement for middle-market sponsors but offers a much broader service portfolio and balance sheet.
• Greystone: National CRE finance company providing Fannie Mae, Freddie Mac, FHA, CMBS, and balance-sheet lending plus investment sales. Overlaps with HALL on multifamily and hospitality construction lending but operates as a much larger incumbent across multiple origination channels.

Direct peers

• Trez Capital: Private commercial mortgage lender and fund manager offering construction, bridge, and mezzanine financing to CRE developers. HALL VP Hani Sbaiti previously originated at Trez, indicating comparable origination discipline and asset class focus.
• ACORE Capital: Private CRE debt manager focused on middle-market construction, bridge, and permanent loans nationwide. Closely comparable to HALL in asset class mix, ticket size, and middle-market sponsor focus; HALL SVP Allyson Van Blarcum previously originated at ACORE.
• Stonebriar Commercial Finance: Direct private lender providing structured debt solutions across CRE and specialty finance. HALL Loan Officer Travis Bell originated 50+ CRE loans totaling $300M+ at Stonebriar, indicating highly comparable product and customer set.
• Lument: National direct CRE lender offering Fannie Mae, Freddie Mac, FHA, CMBS, and balance-sheet financing across multifamily, seniors housing, and other commercial real estate. HALL Senior Credit Officer Fred Marchena previously worked at Lument/Orix in analogous balance-sheet lending roles.
• A10 Capital: Balance-sheet private CRE lender providing bridge, construction, and permanent debt across multifamily, hospitality, and other commercial asset types. HALL President Mark Klipsch was previously CFO and President of Capital Markets at A10, underscoring direct product overlap.
• Affinius Capital: Specialty CRE credit and equity investment manager providing construction, bridge, and permanent debt to developers across hospitality, multifamily, and office. Comparable balance-sheet private lender serving similar sponsor profile and asset classes.
• Bay Mountain Capital: Private commercial real estate lender focused on senior secured construction, bridge, and permanent loans for middle-market developers. HALL VP Bryce Yamauchi originated at Bay Mountain, signaling direct overlap in loan size, structure, and sponsor profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HALLStrFinance

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HALL Structured Finance