Mag Mile Capital, Inc.

What they do

Mag Mile Capital is a full-service commercial real estate mortgage banking firm headquartered in Chicago with offices in New York, Massachusetts, Connecticut, Florida, Texas, Michigan, Colorado, and Nevada. The company arranges bridge, mezzanine, and permanent debt placements and equity arrangements across asset classes such as hotels, multifamily, office, retail, and industrial properties. It leverages a proprietary origination software platform called CapLogiq that uses automation and artificial intelligence to enhance loan closing efficiency.

Revenue drivers

• Real estate mortgage banking and advisory — Generates revenue by placing structured debt and equity for real estate investors and developers, earning fees from successful transactions.
• CapLogiq software platform — A proprietary origination software platform that uses automation and AI to streamline the loan closing process, potentially driving operational efficiency and scale.
• Diverse capital sources and tax credits — Access to family offices, hedge funds, investment banks, banks, and REITs, plus utilization of historic and new markets tax credits to structure creative financing alternatives.

Recent performance

Revenue for the fiscal year 2025 was $4.1 million, up from $2.1 million in 2024 and $1.9 million in 2023. Net loss for 2025 was $123,755, improved from a net loss of $3.1 million in 2023. In the quarter ended June 30, 2026, revenue was $879,050; the prior quarter (March 31, 2026) reported $2.4 million. As of June 30, 2026, the company had total assets of $874,942, total liabilities of $1.0 million, and shareholder equity of -$152,158.

Strategy

Management focuses on leveraging its national platform of capital markets specialists and relationships with capital sources to originate real estate financings. The company emphasizes the use of its CapLogiq software to improve efficiency in loan origination. It also leverages historic and new markets tax credits to offer creative financing alternatives. The reverse merger with Myson provided a public listing and capital to pursue growth.

Risks

• Negative shareholder equity — As of June 30, 2026, shareholder equity was -$152,158, indicating a potential solvency concern.
• Highly competitive and fragmented industry — The company competes with substantially larger and better capitalized mortgage banking firms, which could pressure fees and market share.
• Dependence on commercial real estate market conditions — Revenue is tied to transaction volumes, which are sensitive to interest rates, credit availability, and economic conditions.
• History of losses and uncertain profitability — The company has reported annual net losses in recent years, including -$123,755 in 2025 and -$3.1 million in 2023, and may require additional capital.

Outlook

Management does not provide specific forward-looking guidance in the provided excerpts. The company continues to position itself as a leading national real estate mortgage intermediary, aiming to grow its revenue base through diverse capital sources and CapLogiq. Risks include macroeconomic factors like interest rates and capital availability.