Hyatt and HALL Structured Finance have announced plans to enter into a strategic relationship to provide developers with a dedicated financing solution for new-build developments across the U.S. for Hyatt Studios, Hyatt’s premium upper-midscale extended-stay brand.
The Hyatt Studios Structured Loan Program created a dedicated financing platform to support the brand’s continued expansion. Designed specifically for Hyatt Studios projects, the program is intended to help developers overcome financing challenges by providing more efficient access to capital, accelerating project timelines and supporting new-construction starts in an increasingly competitive lending environment, according to the companies.
“We are proud to collaborate with Hyatt to support the continued growth of the Hyatt Studios
brand that is purpose-built for today’s extended-stay demand,” said Mark Klipsch, president, HALL Structured Finance. “In a challenging financing environment, we believe this will accelerate the financing of high-quality, new-build projects. We look forward to leveraging our hospitality lending expertise to help developers bring new Hyatt projects to market and support the Hyatt Studio brand’s continued expansion.”
Through the loan program, developers can benefit from financing solutions tailored to support project execution and construction starts, while offering the potential for greater leverage than conventional lending structures at market interest rates, subject to underwriting and project qualifications, the companies said.
“We continue to see strong interest in the Hyatt Studios brand from developers across the
country, and we know that securing the right capital can play a significant role in turning a
project from concept to reality,” said Dan Hansen, global head of growth strategy &
operations, Hyatt. “This dedicated loan program with HALL Structured Finance reflects Hyatt’s
commitment to supporting developers beyond the brand itself. By creating additional financing
opportunities for qualified projects, we can help owners move forward with greater confidence
and speed to bring Hyatt Studios locations to more markets across the U.S.”
