Traditional Construction Capital Continues to Shrink

Mitchell says HALL anticipates growth in deal volume and a more varied group of asset types.

DALLAS—Because traditional financing is limited for construction projects, one company is looking to increase project funding with an investment offering. Dallas-based HALL Structured Finance II LLC has opened a Reg. A debenture offering. The company is seeking to raise $50 million in investments in order to expand its lending capacity to meet the growing demand for construction financing.

“In today’s lending climate, it is very difficult for borrowers to obtain construction financing through traditional banks. In light of this, HSF has stepped in to fill this void and make it possible for high-quality developments across the US to move forward,” said Craig Hall, founder and chairman of HALL Group, HALL Structured Finance’s parent company. “Our hope is that through this public offering, we are able to expand HSF’s footprint into more diverse asset types, such as office and multifamily, and continue to make more loans each year to strong projects that would otherwise not be possible.”