1986 - 1992

The Savings & Loan Crisis

In 1986, banks and savings & loans were dealing with growing defaults on real estate loans due to overbuilding.

    • 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 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.

    • 1993 - 2000

      The Comeback