News Blog

CHICAGO – Mag Mile Capital is pleased to announce that Senior Vice President Matt Weilgus has completed a $4,511,250 acquisition loan for a new construction retail property at 2056 Skibo Road in Fayetteville, North Carolina. The 10-year loan featured a 75% loan-to-value ratio with a 25-year amortization schedule, a fixed interest rate of 3.65% and [...]

CHICAGO – Mag Mile Capital is pleased to announce that Senior Vice President Francisco Nacorda has completed $23,650,000 in CMBS loans for three hotels as part of a Michigan Select Service Hotel Portfolio on behalf of the borrower, Stellar Hospitality. “These were difficult deals with numerous challenges including a condominium structure for one of the [...]

CHICAGO – Mag Mile Capital is pleased to announce that Principal and CEO Rushi Shah and Vice President Prabhat Jayara have completed a $26,200,000 non-recourse, 10-year CMBS loan on behalf of Hulsing Hotels, for the Crowne Plaza located at 1 Resort Drive in Asheville, North Carolina. “We are proud to deliver another closing for Dennis [...]