Finance N Illinois

Mag Mile Capital expands with three new hires

Mag Mile Capital expands with three new hires,ph01
Ross Groedel
Mag Mile Capital
Mag Mile Capital expands with three new hires,ph02
Julia Pratt
Mag Mile Capital

Mag Mile Capital has hired Ross Groedel as an analyst for the underwriting team and Julia Pratt as marketing and operations coordinator, both to be based at the firm’s headquarters in Chicago. The firm has also hired Robert Scarantino as senior vice president of originations on the firm’s East Coast team.

“We are … excited to further strengthen our infrastructure by bringing in top notch talent like Julia and Ross in our Chicago office to support the rapid and strategic growth of the organization across the country,” said Mag Mile Capital principal and CEO, Rushi Shah.

Groedel joins Mag Mile Capital as an analyst for the underwriting team responsible for underwriting and packaging client transactions for lender review, as well as evaluating new investment opportunities. Prior to joining the firm, Groedel attended Ohio State University where he specialized in finance with additional coursework in real estate. He also interned with real estate investors including The Ratkovich Company in Los Angeles, The John Buck Company in Chicago and Brack Capital in Tel Aviv. He is an active member of the Real Estate Investment Association (REIA) of Chicago.

Joining Mag Mile as the marketing and operations coordinator, Pratt has a bachelor’s in communications from Northwestern University with a concentration in English. Her prior experience includes working for Xerox in sales and marketing and for an event management company. Pratt’s primary responsibilities in this new role will include working with the firm’s PR agency to handle communications, managing commuinications to clients and prospects, maintaining and updating the firm's CRM system, negotiating with vendors, conferences and various stakeholders and updating marketing collateral for the firm.

“Adding Bob’s professional rolodex to our East Coast team will bolster originations, particularly in the Tri-State area where we are looking to gain an increasing market share,” said Rob Bernstein, executive vice president of capital markets and originations. “Additionally, with Ross and Julia joining our growing roster of young, talented professionals in Chicago, we will further enhance our highly regarded client service reputation.”