Mag Mile Capital Arranges $47.61 Million in Financing Across Five Transactions Nationwide
TMX Newsfile·2026-01-21 13:46

Core Insights - Mag Mile Capital successfully arranged $47.61 million in total financings across five commercial real estate transactions, showcasing its ability to execute complex capital stacks across various asset classes and market conditions [1][2] Financing Details - The financing packages included a mix of fixed-rate and floating-rate structures tailored to clients' business plans, ranging from long-term cash-flow-focused executions to higher-leverage solutions for value-add and repositioning strategies [2] - A debt fund financing for a New York asset helped a client meet a tight 1031 exchange deadline, avoiding a significant capital gains tax liability [2] Transaction Highlights - Deal 1: Multi-tenant Retail Shopping Center in Gage Park, Illinois - Loan Amount: $4.86 million - Use of Proceeds: Acquisition - Closing Date: November 10, 2025 - Capital Type: Conventional loan by a National Bank - Sponsor Type: Family Office [3] - Deal 2: NNN Swim Facility in Mamaroneck, New York - Loan Amount: $7.15 million - Use of Proceeds: Acquisition closed in less than 30 days for a 1031 exchange - Closing Date: December 5, 2025 - Capital Type: Bridge loan by a Debt Fund - Sponsor Type: Entrepreneurial Owner [3] - Deal 3: Marina Facility in New Bern, North Carolina - Loan Amount: $5.1 million - Use of Proceeds: Acquisition - Closing Date: December 15, 2025 - Capital Type: Conventional loan by a Regional Bank - Sponsor Type: Private Equity Fund [3] - Deal 4: Wingate by Wyndham converting to Holiday Inn Express in Atlanta, Georgia - Loan Amount: $10.5 million - Use of Proceeds: Cash-out Refinance - Closing Date: December 19, 2025 - Capital Type: Non-Recourse CMBS loan by a global investment bank - Sponsor Type: Family Office [6] - Deal 5: Residence Inn and Fairfield Inn by Marriott in San Antonio, Texas - Loan Amount: $20 million - Use of Proceeds: Refinance to pay off a higher rate Life Insurance company bridge loan - Closing Date: January 9, 2026 - Capital Type: Non-Recourse CMBS loan by a global investment bank - Sponsor Type: Entrepreneurial Owner [6] Company Overview - Mag Mile Capital is a boutique, full-service commercial real estate mortgage banking firm headquartered in Chicago, specializing in arranging sophisticated financing solutions across all major asset classes since 1991 [4]