Mag Mile Capital Arranges $15.9 Million in Financing for Hampton Inn El Paso, Texas Acquisition
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 (MMCP) ha organizzato con successo un finanziamento di $15.9 million per l'acquisizione dell'Hampton Inn El Paso. Il pacchetto finanziario include un prestito senior CMBS da $13.9 million e un prestito mezzanino da $2 million, garantendo oltre l'80% di leverage sul prezzo di acquisto.
La struttura a tasso fisso quinquennale è stata predisposta per Nexgen Management, società di gestione alberghiera con sede a Dallas, segnando il loro quarto accordo con Mag Mile Capital e portando il totale delle operazioni concluse a $75 million. L'operazione dimostra la capacità di Mag Mile di strutturare soluzioni finanziarie creative nel complesso mercato di confine del Texas.
Mag Mile Capital (MMCP) ha logrado con éxito un financiamiento de $15.9 million para la adquisición del Hampton Inn El Paso. El paquete financiero incluye un préstamo senior CMBS de $13.9 million y un préstamo mezzanine de $2 million, proporcionando más del 80% de apalancamiento sobre el precio de compra.
La estructura a tasa fija a cinco años se arregló para Nexgen Management, una firma de gestión hotelera con sede en Dallas, marcando su cuarto acuerdo con Mag Mile Capital y elevando su total de operaciones cerradas a $75 million. La transacción demuestra la capacidad de Mag Mile para diseñar soluciones financieras creativas en el desafiante mercado fronterizo de Texas.
Mag Mile Capital (MMCP)가 Hampton Inn El Paso 인수 자금으로 $15.9 million의 자금을 성공적으로 주선했습니다. 금융 패키지는 $13.9 million 규모의 시니어 CMBS 대출과 $2 million 규모의 메자닌 대출로 구성되어 매입 가격 대비 80% 이상의 레버리지를 제공합니다.
이 5년 만기 고정금리 구조는 댈러스 기반의 호텔 운영사인 Nexgen Management를 위해 마련되었으며, Mag Mile Capital과의 네 번째 거래로 총 클로즈 금액이 $75 million에 이르렀습니다. 이번 거래는 텍사스 국경 시장이라는 어려운 환경에서 Mag Mile이 창의적인 금융 구조를 설계할 수 있음을 보여줍니다.
Mag Mile Capital (MMCP) a réussi à structurer un financement de $15.9 million pour l'acquisition de l'Hampton Inn El Paso. Le package financier comprend un prêt senior CMBS de $13.9 million et un prêt mezzanine de $2 million, offrant plus de 80 % d'effet de levier par rapport au prix d'achat.
La structure à taux fixe sur cinq ans a été mise en place pour Nexgen Management, une société de gestion hôtelière basée à Dallas, marquant leur quatrième opération avec Mag Mile Capital et portant leur total de transactions clôturées à $75 million. La transaction illustre la capacité de Mag Mile à concevoir des solutions de financement créatives sur le marché frontalier texan, particulièrement exigeant.
Mag Mile Capital (MMCP) hat erfolgreich eine Finanzierung in Höhe von $15.9 million für den Erwerb des Hampton Inn El Paso arrangiert. Das Finanzierungspaket umfasst ein $13.9 million Senior CMBS-Darlehen und ein $2 million Mezzanine-Darlehen und ermöglicht damit eine Beleihung von über 80 % des Kaufpreises.
Die fünfjährige Festzinsstruktur wurde für Nexgen Management, eine in Dallas ansässige Hotelmanagement-Firma, aufgelegt und stellt deren viertes Geschäft mit Mag Mile Capital dar, womit das Volumen abgeschlossener Transaktionen auf $75 million steigt. Die Transaktion zeigt Mag Miles Fähigkeit, im anspruchsvollen Grenzmarkt von Texas kreative Finanzierungslösungen zu entwickeln.
- Achieved high leverage of over 80% loan-to-purchase price
- Successfully secured rare small mezzanine loan behind CMBS financing
- Represents 4th successful deal with repeat client, totaling $75 million in closings
- Five-year fixed-rate structure provides long-term stability
- Challenging market conditions for securing mezzanine financing
- Border market location presents unique operational challenges
Chicago, Illinois, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital is pleased to announce the successful arrangement of
The financing package consisted of a
This transaction was originated by Michael Taylor, Vice President of Originations, and Prabhat Jayara, Vice President of Originations, at Mag Mile Capital.
“Finding a small mezzanine piece that is willing go behind a CMBS loan in today’s market is challenging, but we were able to deliver competitive terms that met the Sponsor’s needs,” said Michael Taylor. “The combination of senior CMBS and mezzanine debt allowed Nexgen Management to achieve high leverage for this acquisition. This is a clear differentiator in this market.”
Prabhat Jayara added: “The Texas border market presents unique opportunities, and our client’s experience in operating hotels in this environment made them a strong fit for this transaction. We’re proud to have executed a structure that maximized leverage while maintaining favorable terms for our repeat client.
Rushi Shah, CEO of Mag Mile Capital, commented: “This deal demonstrates our ability to source and structure capital creatively, even in segments of the market where availability is limited. By pairing CMBS with mezzanine financing, we delivered a high-leverage solution that positions Nexgen Management for success in their latest acquisition. We take pride in our ability to execute consistently for commercial real estate owners as this marks our 4th deal closing for our repeat client, crossing
Transaction Snapshot
Deal: Hampton Inn El Paso Acquisition
Location: 6635 Gateway Blvd W, El Paso, Texas 79925
Asset Type: Hotel
Financing Type: Senior CMBS Loan + Mezzanine Loan
Total Financing:
Senior Loan:
Mezzanine Loan:
Total Leverage:
Term: 5 Years
Rate Type: Fixed Rate
Sponsor: Nexgen Management (Dallas, TX)
Originators: Michael Taylor, Prabhat Jayara
Unique Aspects: Small mezzanine loan availability; border-market expertise
About Mag Mile Capital
Mag Mile Capital is a boutique, full-service commercial real estate mortgage banking firm headquartered in Chicago, with offices nationwide. Since 1991, the firm has specialized in arranging sophisticated financing solutions—spanning bridge, mezzanine, permanent, and equity structures—across all major asset classes. Leveraging deep capital markets relationships and a nationwide platform, Mag Mile Capital delivers tailored solutions that turn relationships into closings. Turning Relationships into Closings Since 1991.
Contact
Rushi Shah
CEO, Mag Mile Capital
Phone: (312) 896-8820
Email: rushi@magmilecapital.com
Website: www.magmilecapital.com
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