Rates
Prabhat is a VP, Head of Underwriting & Senior Originator at Mag Mile Capital and is based in Chicago, IL. He is responsible for originating, underwriting and packaging client transactions for lender review, as well as evaluating new investment opportunities. Since joining the firm’s predecessor Aries Capital in 2014, he has been involved in over $500 million of successful financing executions for hotels, multifamily and retail properties nationwide.
Prior to Aries Capital, Prabhat held finance internships with Group One Trading, L.P. and Morgan Stanley in New York, as well as SAC Capital Advisors in Stamford, CT and Cap Gemini S.A. in Chicago, IL.
Prabhat honed his knowledge of the hospitality industry working within a portfolio of successful hotels and restaurants in the Chicago area, including managing an extensive banquet and catering operation.
Prabhat earned a BS from New York University with majors in Finance and Management. He also completed international studies programs in Prague and Singapore.
Prabhat is active in the Asian American Hotel Owners Association (AAHOA) and is a member of ICSC.
$2,325,000
permanent financing for a two-tenant retail center in Geneva, IL
$13,800,000
bridge financing for a two-property hotel portfolio in the Atlanta, GA MSA
$12,200,000
bridge financing for at two-property hotel portfolio in Columbus, OH
$5,785,000
permanent financing for a hotel property in Texarkana, AR
$4,690,000
permanent financing for a luxury multifamily property in Chicago, IL
$1,312,500
permanent financing for a retail center in Palos Park, IL
$8,100,000
bridge financing for a hotel to multifamily conversion in Lafayette, LA
$5,700,000
permanent financing for a retail center in Munster, IN
$3,435,000
bridge financing for a hotel property in Hoffman Estates, IL
$26,200,000
permanent financing for a hotel property in Asheville, NC
$21,300,000
permanent financing for a hotel portfolio in Ohio
$9,000,000
permanent financing for hotel property in Odessa, TX
$6,600,000
bridge financing for a self-storage property in Cicero, IL
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