Investor Profile - AZ
Shan Patel
Shan Patel is a real estate investor and operator based in Phoenix, AZ. Public filings show activity across 6 properties held through 6 holding companies. Recent mortgage relationships include Bank of the San Juans, STRATEN LENDING GROUP, and JAI SHREE RAM.
Shan's Activity
As of June 2026, public records show approximately $22.8M in recorded mortgage exposure linked to this investor across at least 3 mortgage filings and 6 properties held through 6 holding companies. Activity appears concentrated in vacant and office assets recorded between 2024 and 2025.
Associated People
Primary Geography
Phoenix, AZ
ZIP codes: 85004, 85203, 85248, and 85331
Most activity in PHOENIX, MESA, CAVE CREEK, and CHANDLER.
Property Type Breakdown
Associated Entities (6)
AZ · 0 properties · 3 mortgages
AZ · 1 property · 2 mortgages
+4 more entities not shown
Mortgages (3)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 12/23/2025 | $9.0M | Open | Bank of the San Juans | OCOTILLO LODGING LLC | 1200 W OCOTILLO RD, CHANDLER, AZ 85248 |
| 07/30/2025 | $8.8M | Open | STRATEN LENDING GROUP | 1121 2ND STREET LLC | 1121 N 2ND ST, PHOENIX, AZ 85004 |
+1 more not shown
Owned Properties (6)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1200 W OCOTILLO RD, CHANDLER, AZ 85248 | ETASH COLTON LLC | Owns - 6 mos | $13.0M |
| 28313 N 42ND WAY, CAVE CREEK, AZ 85331 | KISHAN PATEL | Owns - 23 mos | $1.3M |
+4 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in vacant, office, and residential properties across Phoenix, AZ.
What companies is Shan Patel associated with?
Shan Patel is associated with 6 entities based on extracted signatures from public records. Key entities include 1121 2ND STREET LLC, SHOW LODGING LLC, ETASH COLTON LLC, OCOTILLO LODGING LLC, and STRATEN HOTELS INC.
How many properties are associated with this investor?
At least 6 properties are associated with Shan Patel and the entities they control, based on signatures extracted from recorded documents connecting Shan Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Bank of the San Juans, STRATEN LENDING GROUP, and JAI SHREE RAM, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2024 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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