Mag Mile Capital Closes $73.5 Million in Financing on Behalf of HKB Investment Group for Six Hyatt Place Hotels in different states and Oceanfront Best Western Plus Aku Tiki in Florida

Chicago, Illinois, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital (OTCQB: MMCP), also referred here as ‘Mag Mile’ is pleased to announce the successful arrangement and closing of $73.5 million in total financing on behalf of its valued institutional client, HKB Hotels Group, hotel management company of HKB Investments Group, also referred here as ‘HKB’. The deals closed on Friday, October 24^th, 2025. The transaction includes a $59 million in portfolio financing for the acquisition of six Hyatt Place hotels located in Alpharetta, GA; Charlotte, NC; Dallas, TX; Greenville, SC; Roanoke, VA; and Topeka, KS. It also includes $14.5 million mortgage for Best Western Plus Aku Tiki located on Daytona Beach, FL.

This significant deal once again demonstrates Mag Mile Capital’s expertise in structuring complex financings that support dynamic hotel ownership and growth strategies.​ Seven assets were financed with two separate large international investment banking institutions. “These transactions closed in under 45 days from start to finish showcasing our team’s prowess of working on large and complex transactions with many different moving pieces. This was possible because of our deep relationships and mutual trust with some of Wall Street’s largest investment banks built over years of closing many transactions successfully” said Rushi Shah, CEO of Mag Mile Capital.

The $73.5 million financing package was structured to maximize proceeds, minimize interest costs and provide long-term stability for HKB. The $59 million allocated to the Hyatt Place portfolio was tailored to deliver optimal leverage and favorable terms, positioning the client for substantial growth across multiple premier markets. The proceeds were used to retire a high-priced bridge loan that was used to acquire the assets. The hotels in this portfolio represent strategic assets located in key business and leisure destinations.​ Both transactions featured 5-years interest-only payments allowing the sponsor to maximize cash flow during the loan term. Additionally, Mag Mile’s team negotiated a structure that also included a unique feature of ability for the sponsor to opt out of cash management in case of reduced cashflow during the loan term.