Mr. Hall’s responsibilities include sourcing investment opportunities; determining the purchase, renovation, improvement and management strategy to be employed with respect to each property being considered by the portfolio; and monitoring the properties progress over the course of the Fund’s ownership through both the construction and subsequent stabilized property management periods. Mr. Hall, as a Co-Managing Principal, is also a voting member of both the Investment and the Operations Committee.
Mr. Hall most recently served as an advisor at Inner Circle, a fully integrated hotel owner/operator with over 4,000 full-service rooms under management across the U.S., as well as a consultant to a Chicago-based SEC registered investment adviser with $3 billion under management. For Inner Circle, Mr. Hall has consulted on investment, development, and operational activities. He was responsible for arranging acquisition financing for and leading the actual acquisition of the majority of Inner Circle’s property portfolio. Subsequent to acquisition of Inner Circle’s older, full-service mid-market hotels, Mr. Hall conceptualized the repositioning of these properties by converting upper floors to apartments and upgrading lower floors to a boutique higher-end hotel product. The projects at Inner Circle that were guided by Mr. Hall sought to maximize asset value by eliminating the issue of high vacancy rates for such outdated larger hotels. Mr. Hall continues to provide some consulting services for Inner Circle.
From 2010-2017, Mr. Hall was a Managing Director and the Senior Investment Banker for Private Equity Commercial Real Estate transactions for Brean Capital LLC. In addition to running banking transaction for private equity and debt clients, he interfaced with the traders on any whole loan participations and CMBS positioning.
From 1996 to 2009, Mr. Hall was a Senior Director in GE Real Estates’ Strategic Accounts Group. In this role, he had responsibility for commercial lending, equity investing in US-based real estate opportunity funds and public REITs/Companies, and co-investing in numerous CRE value-add and development projects alongside GE’s premier clients and counterparties including Carlyle, Starwood, Apollo, and Colony Capital. He also bought billions of loans and properties for GE in secondary markets. In 2008, Mark was selected for and successfully completed GE’s Crotonville, NY Senior Management Training, a highly acclaimed rigorous training program for GE’s Senior Management personnel. Mr. Hall started at GE as a Senior Banker in the Commercial Mortgage-Backed Securities Large Loan Group where in his four years, he generated 90% of the net income for the entire group.
Prior to joining GE, Mr. Hall was Director of Originations and a member of the Board of Directors of Wingate Capital (now CW Capital) from 1991-1997. He headed up national production for Continental Wingate’s retail commercial mortgage group focusing on FHA/GNMA Project Loan transactions and supervised billions in GNMA backed Project Loan closings.
Prior to 1990, Mr. Hall helped manage and was the top producer for the Kidder Peabody/Wingate equity funds which exclusively invested in multifamily real estate by wrapping a participation around “commercial” GNMA securities. From 1983-1986, he was Head of Development for the Hanover Companies, a multifamily housing developer. Mr. Hall is a Section 79 Registered Investment Banking Rep, and a CPA, and has a B.A. and MBA from Brigham Young University.