BciCapital, the US capital markets arm of Bci Financial Group, has closed a USD 100m private credit NAV facility for HALL Group, a privately held company with diversified investments, according to two sources familiar with the matter.

The NAV loan will provide HALL with working capital and support expanded portfolio investments across its operating platforms in private credit and real estate equity, the sources said.

Texas-based HALL Group was founded in 1968 by prominent real estate entrepreneur Craig Hall, who once held a stake in the Dallas Cowboys. HALL holds diversified investments across real estate, finance, winemaking and venture capital.

The NAV loan features a highly structured and complex capital stack, including corporate indentures, asset-specific financing, and junior financing, the sources said.

BciCapital acted as the sole lender, bookrunner and administrative agent for the loan. Haynes and Boone acted as legal advisors across the transaction, according to the sources.

BciCapital was launched in August 2024 by Bci Financial Group, the parent company of City National Bank of Florida and an affiliate of Chile’s Banco de Credito e Inversiones. The platform is led by Managing Director Raul Llanes, an industry veteran who previously held senior leadership roles at Bank of America and BankUnited.

BciCapital expands the group’s US presence by offering specialized capital solutions to financial sponsors and leveraging the financial strength of one of Latin America’s largest banking institutions.

Earlier this month, HALL announced that its luxury lifestyle hotel in Dallas, HALL Arts Hotel, had joined Marriott Bonvoy’s Autograph Collection.

BciCapital and HALL Group declined to comment.