Welcome to our dedicated page for Mag Mile Capital news (Ticker: MMCP), a resource for investors and traders seeking the latest updates and insights on Mag Mile Capital stock.
Mag Mile Capital, Inc. (OTCQB: MMCP) is a boutique full-service commercial real estate mortgage banking firm headquartered in Chicago, Illinois. The news flow around Mag Mile Capital focuses on the company’s role in arranging debt and equity capital for commercial real estate projects across the United States.
Recent news releases highlight CMBS financing for branded hotels, including properties such as Hampton Inn and Marriott hotels in markets like Texas, New York, and Indiana. Other announcements describe joint venture equity for office-to-multifamily conversion projects in Chicago, bank syndication financing for manufactured home parks in Oregon, and transactions that combine senior bank loans with CPACE financing for adaptive reuse developments in Minneapolis.
Investors and real estate professionals following MMCP news can see how Mag Mile Capital structures capital stacks that may include senior CMBS loans, mezzanine loans, joint venture equity, bank syndication programs, and CPACE financing. The company’s updates often detail loan terms, leverage levels, interest-only features, and the types of sponsors and assets involved, particularly in the hospitality and broader commercial real estate sectors.
This news page provides a centralized view of Mag Mile Capital’s announced transactions and corporate developments, including its statement that its common stock is quoted on the OTCQB market under the symbol MMCP. Readers interested in commercial real estate finance, hotel capital markets, adaptive reuse, and structured debt and equity arrangements may find these updates useful for understanding the kinds of deals Mag Mile Capital is executing and the markets in which it is active.
Mag Mile Capital (OTCQB: MMCP) closed a record $223.5 million senior bridge loan for a 636-unit mixed-use multifamily and retail development in Fort Lauderdale on March 10, 2026. The deal was completed in under 30 days, carries a three-year term plus two one-year extensions, and is priced at 1-month SOFR + 3.15%.
Proceeds retire construction debt, fund interest reserves, and cover closing costs; leverage was 76% loan-to-cost and 75% loan-to-stabilized value.
Mag Mile Capital (OTCQB: MMCP) arranged and closed $163.5 million of financings across three months, including a $90.0 million portfolio refinance for HKB Investment Group covering 10 hotel assets in GA, FL, OH, and IN. The portfolio closed in two tranches (Dec 2025 $10.5M; Feb 2026 $79.5M) at an average 62.5% LTV (implied asset value $265M) with a five-year, low-7% fixed-rate, non-recourse loan and two years interest-only, enabling cash-out, capex reserves, and reduced borrowing costs.
Transaction closed in under 60 days and used a U.K.-based bank's U.S. subsidiary as lead lender.
Mag Mile Capital (OTCQB: MMCP) arranged $47.61 million across five commercial real estate financings closed Nov 10, 2025–Jan 9, 2026. Deals span a multi-tenant retail center (Gage Park, IL), an NNN swim facility (Mamaroneck, NY) closed in <30 days for a 1031 exchange, a marina (New Bern, NC), and two hotel financings in Atlanta and San Antonio. Capital types included conventional bank loans, a debt-fund bridge, and non-recourse CMBS from a global investment bank, with structures tailored from long-term fixed-rate to short-term bridge solutions.
The transactions highlight the firm’s nationwide origination platform and relationships with banks, debt funds, CMBS lenders, and private capital.
Mag Mile Capital (OTCQB: MMCP) announced closing $73.5 million in financing on behalf of HKB Investment Group, finalized on October 24, 2025. The package includes $59.0 million portfolio financing for six Hyatt Place hotels in Alpharetta GA; Charlotte NC; Dallas TX; Greenville SC; Roanoke VA; Topeka KS, plus a $14.5 million mortgage for Best Western Plus Aku Tiki in Daytona Beach FL.
Key commercial terms: 5-year interest-only periods, non-recourse structure, and financing aimed to lower HKB's interest cost by over 3% per annum. HKB previously invested about $30 million in capex across the Hyatt portfolio, bringing total cost above $90 million.
Mag Mile Capital (MMCP) has successfully arranged $15.9 million in financing for the Hampton Inn El Paso acquisition. The financing package includes a $13.9 million senior CMBS loan and a $2 million mezzanine loan, providing over 80% loan-to-purchase price leverage.
The five-year, fixed-rate structure was arranged for Nexgen Management, a Dallas-based hotel management firm, marking their fourth deal with Mag Mile Capital, bringing their total closed deals to $75 million. The transaction demonstrates Mag Mile's ability to structure creative financing solutions in the challenging Texas border market.
Mag Mile Capital (OTCQB: MMCP) has secured a $14.5 million CMBS financing for the Marriott Rochester Airport in Rochester, New York. The non-recourse loan, closed on March 12, 2025, features a 65% loan-to-value ratio, 5-year term, and 30-year amortization schedule with 2 years of interest-only payments.
The financing package includes $3 million allocated for a Property Improvement Plan (PIP) to enhance the asset's competitive position. The deal structure provides a cash-out option to the Sponsor while funding the PIP requirements. The CMBS loan was facilitated by a major New York-based investment bank, with Vice President of Originations Prabhat Jayara leading the transaction.
Mag Mile Capital (OTCQB: MMCP) has successfully secured $13 million in CMBS financing for the Hampton Inn Harker Heights in Texas. The non-recourse loan, closed on February 25, 2025, features a 65% loan-to-value ratio, 10-year term, and 30-year amortization schedule with a fixed interest rate of 7.50%.
The strategic financing aims to enhance the property's long-term financial stability and optimize cash flow in the growing Harker Heights market. The transaction, led by CEO Rushi Shah and VP of Originations Prabhat Jayara, represents a significant cash-out opportunity for the developer to recycle equity for growth and diversification.
Mag Mile Capital (OTCQB: MMCP) has successfully secured an $8 million bank syndication program financing for a manufactured home park development in Boardman, Oregon. The loan features a 65% loan-to-cost ratio with a five-year term, including an initial 18-month interest-only period during development, followed by a 25-year amortization schedule.
The transaction, which closed on February 3, 2025, was led by CEO Rushi Shah and SVP of Underwriting and Originations Prabhat Jayara. The financing structure demonstrates Mag Mile Capital's expertise in securing optimal financing solutions for commercial real estate investments, particularly in non-traditional asset classes and non-primary markets.