Investor profile - AZ
Mital Patel
Mital Patel is a real estate investor and operator based in Phoenix, AZ. Public filings show activity across 5 properties held through 9 holding companies. Recent mortgage relationships include PDOF DNP Q2 21 PHOENIX, WALLIS BANK, and ARIZONA CAPITAL SOURCE.
Mital's Activity
As of December 2025, public records show approximately $49.9M in recorded mortgage exposure linked to this investor across at least 13 mortgage filings and 5 properties held through 9 holding companies. Activity appears concentrated in commercial and residential assets recorded between 2014 and 2025.
Primary Geography
Phoenix, AZ
ZIP codes: 85004, 85248, 85354, 86001, and 86004
Most recorded activity for this investor appears in FLAGSTAFF, TONOPAH, CHANDLER, and PHOENIX.
Property Type Breakdown
Associated Entities (9)
AZ · 1 property · 4 mortgages
AZ · 0 properties · 3 mortgages
AZ · 0 properties · 3 mortgages
+6 more not shown
Mortgages (13)
Top Lenders
$18.5M · 1 loan
$18.1M · 2 loans
$5.0M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 05/02/2025 | $2.0M | Open | JAI SHREE RAM | HEMA & SONS INC | 801 W RT 66, FLAGSTAFF, AZ 86001 |
| 04/10/2025 | $13.2M | Open | WALLIS BANK | DT PHX LODGING LLC | - |
| 04/10/2025 | $5.0M | Open | ARIZONA CAPITAL SOURCE | DT PHX LODGING LLC | 222 E PORTLAND ST, PHOENIX, AZ 85004 |
+10 more not shown
Owned Properties (5)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 222 E PORTLAND ST, PHOENIX, AZ 85004 | DT PHX LODGING LLC | Owns - 14 mos | $23.2M |
| 801 W RT 66, FLAGSTAFF, AZ 86001 | KARMA R66 LLC | Owns - 16 mos | $2.9M |
| 379TH AVE, TONOPAH, AZ 85354 | MINKTOAZ LLC | Sold | $675k |
+2 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial and residential properties across Phoenix, AZ.
What companies is Mital Patel associated with?
Mital Patel is associated with 9 entities based on extracted signatures from public records. Key entities include DT PHX LODGING LLC, MINKTOAZ LLC, PHX AIR LODGING LLC, JAI SHREE HANUMAN LLC, and HEMA & SONS INC.
How many properties are associated with this investor?
At least 5 properties are associated with Mital Patel and the entities they control, based on signatures extracted from recorded documents connecting Mital Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references PDOF DNP Q2 21 PHOENIX, WALLIS BANK, and ARIZONA CAPITAL SOURCE, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2014 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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