When Newgard Development Group landed a construction loan for a high-end condominium in Fort Lauderdale, the financing came from Hall Structured Finance, a private lender — not your traditional bank.

Howard Taft, who helped secure the $36 million loan for the Gale Residences, said only nonbank lenders like Hall were interested in backing the project.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]