Mag Mile Capital is a commercial real estate mortgage banking firm headquartered in Chicago. Rather than lending its own capital, Mag Mile Capital acts as an intermediary — it arranges debt and equity financing for real estate investors and developers, earning a placement fee when a deal closes. The firm covers the full capital stack, including bridge loans, mezzanine debt, permanent debt, and equity, across all major CRE asset classes: hotels, multifamily, office, retail, industrial, healthcare, self-storage, and special purpose properties. Its hotel financing business is a notable specialty, serving franchisees of brands like Hilton, Marriott, and Hyatt. Mag Mile Capital sources capital from a broad range of providers, including family offices, hedge funds, private equity firms, commercial banks, life insurance companies, REITs, and sovereign wealth funds. Because the firm does not deploy its own capital, revenue is driven by deal volume and deal size rather than interest rate spreads or credit risk. Mag Mile Capital has built a proprietary origination platform called CapLogiq, which uses automation and AI to improve deal throughput and reduce cost per deal. The firm operates across nine states and went public via a reverse merger in 2023, using its public company status to offer equity-based compensation to attract talent and stock as currency for acquisitions of other mortgage banking businesses.
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