New shared office center brings upscale coworking to Dallas Arts District
While some of the new shared-office spaces have an industrial look and feature frat boy favs like pool tables and dartboards, Serendipity Labs' new project in the Arts District is sleek and corporate.
Hall Structured Finance closes on loan for South Carolina Cambria Suites
Private lender Hall Structured Finance closed a new first lien loan totaling $17.3 million to fund the construction of a Charleston, S.C. Cambria Suites.
Hyatt Place Hotel to occupy Southwestern Bell building after redo
The development group, including Anthony Patel and Nick Patel of Pride Management, has obtained a $22.8 million loan for the long-vacant building from Dallas-based Hall Structured Finance, the companies announced. Renovation of the 16-story high-rise is targeted for completion by March 2019.
Think Beyond the Traditional to Secure Hotel Financing
While banks are more stringent with lending for hotel construction projects, this doesn’t signal a complete halt in development. Private and alternative lending sources, entering secondary and tertiary markets, and eyeing modular off-site building are paving the way for continued hotel development where speed-to-market without sacrificing quality and a quicker ROI are the worthwhile rewards.
Aegis Therapies to Relocate to Far North Dallas
The rehabilitation and wellness service company leased nearly 7,000 square feet of office space in Frisco, Texas. The firm is set to move its corporate headquarters from Plano.
Hall Structured Finance closes $17M construction loan for Arizona Marriott
Hall Structured Finance closed a new first-lien construction loan totaling $17.3 million to finance the development of a 127-room Residence Inn by Marriott in Mesa, Ariz. Suky and Jas Khangura, co-owners of Khangura Hotels, are the project developers.
