Investor Profile - IA
Bhumi Thakkar
Bhumi Thakkar is a real estate investor and operator based in Cedar Rapids, IA. Public filings show activity across 2 properties held through 2 holding companies. Recent mortgage relationships include First Dakota National Bank and Dakota Business Finance.
Bhumi's Activity
As of June 2026, public records show approximately $4.2M in recorded mortgage exposure linked to this investor across at least 6 mortgage filings and 2 properties held through 2 holding companies. Activity appears concentrated in commercial assets recorded between 2022 and 2025.
Associated People
Primary Geography
Cedar Rapids, IA
ZIP codes: 52317 and 52404
Most activity in CEDAR RAPIDS and NORTH LIBERTY.
Property Type Breakdown
Associated Entities (2)
IA · 0 properties · 3 mortgages
IA · 1 property · 3 mortgages
Mortgages (6)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 06/21/2022 | $1.0M | Closed | First Dakota National Bank | ISHIKA HOSPITALITY INC | 485 N MADISON AVE, NORTH LIBERTY, IA 52317 |
| 06/21/2022 | $1.7M | Open | First Dakota National Bank | ISHIKA HOSPITALITY INC | 485 N MADISON AVE, NORTH LIBERTY, IA 52317 |
+4 more not shown
Owned Properties (2)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 485 N MADISON AVE, NORTH LIBERTY, IA 52317 | ISHIKA HOSPITALITY INC | Owns - 4.0 yrs | $3.4M |
| 8910 6TH ST SW, CEDAR RAPIDS, IA 52404 | ISHAN HOSPITALITY INC | Sold | $3.1M |
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial properties across Cedar Rapids, IA.
What companies is Bhumi Thakkar associated with?
Bhumi Thakkar is associated with 2 entities based on extracted signatures from public records. Key entities include ISHAN HOSPITALITY INC and ISHIKA HOSPITALITY INC.
How many properties are associated with this investor?
At least 2 properties are associated with Bhumi Thakkar and the entities they control, based on signatures extracted from recorded documents connecting Bhumi Thakkar to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references First Dakota National Bank and Dakota Business Finance, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2022 through 2025, with the most recent mortgage recorded in 2022.
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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