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Mag Mile Capital Arranges $15.9 Million in Financing for Hampton Inn El Paso, Texas Acquisition
Globenewswireยท 2025-08-13 13:15
Chicago, Illinois, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital is pleased to announce the successful arrangement of $15.9 million in total financing for the acquisition of the Hampton Inn El Paso, located at 6635 Gateway Blvd W, El Paso, Texas. The transaction was arranged on behalf of Nexgen Management, a Dallas-based hotel ownership and management firm with extensive expertise in the Texas border market. The financing package consisted of a $13.9 million senior CMBS loan and a $2 million mezzanine ...