RUSHI SHAH

Principal & CEO

312. 640.7430 (Office)

847.722.9192 (Mobile)

Address

1141 W Randolph St, Suite 300

Chicago, IL 60607

Rushi is the Founder, Principal and CEO of Mag Mile Capital and leads the firm’s strategy and innovation, as well as arranging commercial financing for all property types nationwide. Rushi has over 12 years of experience in financial services. Before co-founding Mag Mile Capital, Rushi was Executive Vice President and top producer for the firm’s predecessor Aries Capital, closing over $250 million in debt and equity financing in his first two years, launching a streamlined online-based lending platform, and expanding Aries Capital’s already extensive capital source network.

Prior to his role at Aries, Rushi held positions at Chicago’s Northern Trust Bank in its Derivatives Credit Strategy, Structured Finance, Private Equity Fund and Hedge Fund groups, as well as its London offices. During his tenure at the bank, Rushi participated in closing over 300 commercial finance transactions nationally, helped build a risk measurement framework for exotic interest rate derivatives and foreign exchange instruments, and launched the technology solution and models for the bank’s over-the-counter derivatives activity.  While there, Rushi also helped develop and manage the interest rates risk management solutions business for the bank’s institutional and sophisticated wealth clients. The initiative generated over $30 million in new revenues for the bank over four years and led to an operational overhaul that revolutionized the servicing and reporting process; scaling the business to grow by 33%.

Rushi holds a Master of Business Administration from the University of Chicago’s Booth School of Business and a Bachelor of Science in Accounting and Finance from the University of Illinois, where he graduated with honors. He was also awarded a fellowship in the Riordan Fellows Leadership Development Program at the Anderson School of Management at UCLA.

In addition to being a Club Blue Founding Member of the largest hotel owners’ association in the world, the Asian American Hotel Owners Association (AAHOA), Rushi is a member of ICSC, Chicago’s Real Estate Investment Association and the Self Storage Association. He frequently serves as a panelist at local and national industry events, and contributes to multiple real estate publications.

$27 Million Interest Rate Swap for Refinance of River North Commercial Building in Chicago, IL

$19.3 Million Interest Rate Hedge for Acquisition Financing for Medical Center in Minneapolis, MN

$15.5 Million CMBS Refinance of Portfolio of Limited Services Hotels in Florida’s Panhandle

$11.8 Million CMBS Refinance of Portfolio of Limited Service Hotels Outside Columbus, OH

$10.5 Million Bridge Loan for a Courtyard by Marriott in Victoria, TX

$9 Million CMBS Refinance of a Fairfield Inn & Suites in Duluth, GA

$5.5 Million Bridge Loan for a DPO of a Limited Service Portfolio in Pensacola, FL

RUSHI SHAH

Principal & CEO

312. 640.7430 (Office)

847.722.9192 (Mobile)

Address

1141 W Randolph St, Suite 300

Chicago, IL 60607

Biography

Rushi is the Founder, Principal and CEO of Mag Mile Capital and leads the firm’s strategy and innovation, as well as arranging commercial financing for all property types nationwide. Rushi has over 12 years of experience in financial services. Before co-founding Mag Mile Capital, Rushi was Executive Vice President and top producer for the firm’s predecessor Aries Capital, closing over $250 million in debt and equity financing in his first two years, launching a streamlined online-based lending platform, and expanding Aries Capital’s already extensive capital source network.

Prior to his role at Aries, Rushi held positions at Chicago’s Northern Trust Bank in its Derivatives Credit Strategy, Structured Finance, Private Equity Fund and Hedge Fund groups, as well as its London offices. During his tenure at the bank, Rushi participated in closing over 300 commercial finance transactions nationally, helped build a risk measurement framework for exotic interest rate derivatives and foreign exchange instruments, and launched the technology solution and models for the bank’s over-the-counter derivatives activity.  While there, Rushi also helped develop and manage the interest rates risk management solutions business for the bank’s institutional and sophisticated wealth clients. The initiative generated over $30 million in new revenues for the bank over four years and led to an operational overhaul that revolutionized the servicing and reporting process; scaling the business to grow by 33%.

Education & Professional Affilations

Rushi holds a Master of Business Administration from the University of Chicago’s Booth School of Business and a Bachelor of Science in Accounting and Finance from the University of Illinois, where he graduated with honors. He was also awarded a fellowship in the Riordan Fellows Leadership Development Program at the Anderson School of Management at UCLA.

In addition to being a Club Blue Founding Member of the largest hotel owners’ association in the world, the Asian American Hotel Owners Association (AAHOA), Rushi is a member of ICSC, Chicago’s Real Estate Investment Association and the Self Storage Association. He frequently serves as a panelist at local and national industry events, and contributes to multiple real estate publications.

Recently Executed Transactions

$27 Million Interest Rate Swap for Refinance of River North Commercial Building in Chicago, IL

$19.3 Million Interest Rate Hedge for Acquisition Financing for Medical Center in Minneapolis, MN

$15.5 Million CMBS Refinance of Portfolio of Limited Services Hotels in Florida’s Panhandle

$11.8 Million CMBS Refinance of Portfolio of Limited Service Hotels Outside Columbus, OH

$10.5 Million Bridge Loan for a Courtyard by Marriott in Victoria, TX

$9 Million CMBS Refinance of a Fairfield Inn & Suites in Duluth, GA

$5.5 Million Bridge Loan for a DPO of a Limited Service Portfolio in Pensacola, FL