HALL Group

Craig Hall founded HALL Group in 1968 at age eighteen with $4,000 accumulated from small ventures.⁠[2]

In 1977, Hall agreed with Time, Inc. to use the Sports Illustrated brand in a partnership to develop a racquetball-club chain.⁠[3]

During the savings-and-loan crisis, property revenues declined and many projects required financial restructuring. From 1986 through 1992, the company concentrated on survival.⁠[4]

In 1994, the group pursued discounted downtown Dallas office properties for acquisition and improvement. Construction of the first building at HALL Office Park in Frisco began in 1997; the campus was later named HALL Park.⁠[5]

The Theranos C-1 investment involving Bryan Tolbert occurred in late 2013. The court later identified HALL Group and its vehicle Hall Black Diamond II, LLC as investor-fraud victims, with Tolbert testifying about the investment.⁠[6][7]

The group opened KPMG Plaza in 2015 and sold it in May 2016. The 168-room HALL Arts Hotel opened in December 2019, followed in August 2020 by HALL Arts Residences, a twenty-eight-story tower with forty-eight homes.⁠[8]

On May 16, 2023, the court awarded HALL Group $1,875,000 in restitution and recognized $3 million previously returned by TheranosTheranosTheranos was a blood-testing company founded in 2003 by Elizabeth Holmes and based in Palo Alto, California, which offered retail testing with Walgreens and was valued at up to $9 billion before regulatory sanctions and criminal charges over alleged fraud in its technology and financial claims led to its dissolution in 2018.Open the full entry to Hall Black Diamond. Holmes and Balwani were jointly and severally liable for the award. The ruling listed this investment separately from Black Diamond VenturesBlack Diamond VenturesBlack Diamond Ventures is a venture capital firm founded by Chris Lucas that invests in biotech, deep tech and medical technology. An affiliated fund invested in Theranos.Open the full entry XII-B, LLC, so the two should not be treated as the same entity.⁠[7]