Mag Mile Capital Business Summary

Mag Mile Capital, Inc. (MMCP) operates as a boutique commercial real estate (CRE) mortgage banking and investment banking firm, primarily generating revenue through transaction-based fees and commissions from the placement of debt and equity. The company’s business segments are divided into structured debt placement—encompassing permanent, bridge, construction, and mezzanine financing—and equity arrangement services, including joint venture and preferred equity for real estate developers and investors. A key differentiator is its proprietary CapLogiq platform, an AI-driven software designed to automate CRE underwriting and origination, which the firm is leveraging to transition into a tech-enabled "full-stack" finance provider. In the competitive landscape, MMCP contends with large-scale incumbents such as Jones Lang LaSalle (JLL), Cushman & Wakefield (CWK), and Newmark Group (NMRK), as well as specialized lenders like Greystone Housing Impact Investors (GHI). MMCP occupies a niche as a high-touch, national boutique that integrates advanced machine learning to significantly reduce transaction cycle times compared to traditional brokerage models. The leadership team is anchored by Chairman and CEO Rushi Shah, a seasoned financier who previously held management roles at Northern Trust Bank and holds an MBA from the University of Chicago Booth School of Business. Shah is supported by a core executive suite including Matt Weilgus, who serves as Senior Vice President, Head of Originations, and General Counsel, and Rob Bernstein, Executive Vice President and Head of Capital Markets. The team’s pedigree is characterized by extensive experience in structured finance and CMBS, with key originators like Prabhat Jayara and Cody Harper bringing backgrounds from institutions such as Citigroup and DBRS. Following a 2023 reverse merger, the company is tightly held, with Rushi Shah and affiliated insiders maintaining approximately 87% ownership of the outstanding common stock. This concentrated leadership structure aligns the founding team’s interests with the firm’s aggressive "roll-up" strategy and its technological pivot toward the CapLogiq platform.