It was a great experience working with Francisco and Mag Mile Capital. Things moved smoothly, efficiently and professionally and we very much appreciated their recommendation of the legal team.
We have continued to seek the service of Mag Mile Capital owing to their exceptional diligence and ability to resolve issues and remove obstacles. We look forward to continuing to use their expertise and relationships to grow our portfolio.
I value Rushi Shah’s in-depth knowledge of the financing market. He has always been able to quickly and efficiently close on our loans. I would wholeheartedly recommend him to other hotel owners and look forward to working with him and his firm again.
After years of hard work and determination to complete our project, we were very pleased with Rushi and his entire team and how they helped attain the financing needed. I look forward to working with them on future opportunities.
We appreciate the assistance Rushi’s group provided towards the completion of a very creative structure with a large international financial institution, to decrease Inner Circle’s cost of capital and advance our business plan in the mid-market full-service hotel sector.
I have been in business for over 30 years and have deep experience in this industry working with many professionals. Rushi delivered and came through on everything he said he would do.
I knew the team would not only close the loan within the time constraints, but would also secure the most advantageous terms available.
We were extremely pleased with Rushi and his team’s performance. They successfully worked through issues that our first lender failed to resolve, and delivered the extra proceeds we needed on time. When we require financing in the future, we will look to Rushi right from the start.
In the seven to eight months before I met Rushi, all I was told is that a CMBS loan was not possible for this hotel. This was my first CMBS transaction, and thanks to Rushi and his team, it has been a great learning experience.
Engaging Rushi and Prabhat to lead our financing search was absolutely the right decision. If it wasn’t for their creativity and financial acumen, we would have come up short. They deftly navigated the entire transaction process for us, continuously proving their talent and the validity of their lender relationships. We will definitely trust our future transactions to Rushi and his firm.
Mag Mile delivered and fulfilled their term sheet outline without exception and in record time. We are very pleased that we were fortunate enough to have Mag Mile Capital represent Innisfree Hotels.
I worked with Mag Mile Capital because of their extensive expertise and expansive contacts in mortgage financing. Mag Mile put together an effective capital solution that enabled me to win the auction and complete the purchase, all within five days.
Mag Mile has been a trusted advisor of ours for a long time. There were a lot of hurdles to overcome in order for this deal to happen, and we knew Mag Mile had relationships with lenders who are serious and capable of delivering in view of our tight deadline.
We chose Mag Mile to lead the financing because of both our long-standing relationship and the fact that we knew they could get the job done.
Because it marked our first historic renovation project, we relied on Mag Mile Capital’s tax credit expertise and lender relationships to help us navigate this complex process. We were extremely pleased with the results.
We liked Mag Mile because they seemed like very honest, hardworking guys, and they weren’t just thinking of their fee. And they didn’t give up, which was key…I really can’t say enough good things.
As first time CMBS borrowers, we appreciated how they thoroughly explained the process at every stage so we felt at ease. Also, they helped us secure favorable terms on a complicated deal in which closing had to occur by a certain date. I cannot recommend them highly enough and will most certainly use them again on future transactions.
I count my association with Mag Mile as one of the difference makers for our company’s success in these difficult times when so many of my colleagues are looking for creative solutions to their capital stack. In our business we talk about hiring the attitude and teaching the skill, and in this case we hit a home run on both counts.
We have found that: 1) knowledge of the multifamily marketplace; 2) the application of creative and conventional financing structures; 3) the ability to break down complex deals into manageable pieces; and 4) to aggressively pursue great solutions has been a trademark talent at Mag Mile.
Mac took the time to understand our business plan for the acquisition and came with the right lending solution for the deal. We’ve worked with Mac over the past several years, and he has always been a reliable sounding board for us as we review various deal structures and financing options. He is one of most astute and detail oriented brokers we’ve worked with, and his calm and effective communication style helps to quickly move transactions toward a timely closing.
Mag Mile Capital was instrumental in facilitating CIG’s acquisition of St. Andrews Apartments in Columbia.