The Savings & Loan Crisis
The company began to see declining revenues at the properties and did a major analysis of the market, concluding that the real estate market was headed for a nosedive.
Many HALL properties that required financial restructuring during the crisis.
From 1986 to 1992, the entire company was focused on survival.
Following the downturn, Craig published his third book, where he explains the lessons he learned during the real estate collapse and his strategies for the 1990s.