Investor profile - IL
Baldev Patel
Baldev Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 2 properties held through 6 holding companies. Recent mortgage relationships include GBank and Longview Bank.
Baldev's Activity
As of December 2025, public records show approximately $8.6M in recorded mortgage exposure linked to this investor across at least 5 mortgage filings and 2 properties held through 6 holding companies. Activity appears concentrated in commercial assets recorded between 2019 and 2024.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 61111 and 61114
Most recorded activity for this investor appears in LOVES PARK and ROCKFORD.
Property Type Breakdown
Associated Entities (6)
IL · 2 properties · 8 mortgages
IL · 2 properties · 2 mortgages
IL · 0 properties · 1 mortgage
+3 more not shown
Mortgages (5)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 09/10/2024 | $1.6M | Open | GBank | VEDANTA HOSPITALITY LLC | 919 MAPLE HILL RD, BLOOMINGTON, IL 61705 |
| 09/10/2024 | $3.4M | Open | GBank | ANANTA HOSPITALITY LLC | 923 MAPLE HILL RD, BLOOMINGTON, IL 61705 |
| 05/21/2020 | $1.4M | Open | Longview Bank | JAY VAIBHAV LAXMI LLC | 1601 E RIVERSIDE BLVD, ROCKFORD, IL 61114 |
+2 more not shown
Owned Properties (2)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1601 E RIVERSIDE BLVD, ROCKFORD, IL 61114 | JAY VAIBHAV LAXMI LLC | Owns - 5.6 yrs | $500k |
| 7150 E RIVERSIDE BLVD, LOVES PARK, IL 61111 | JSKY LLC | Owns - 6.4 yrs | $700k |
+0 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial properties across Chicago, IL-IN-WI.
What companies is Baldev Patel associated with?
Baldev Patel is associated with 6 entities based on extracted signatures from public records. Key entities include RAMDEVNEAL LLC, JAY VAIBHAV LAXMI LLC, VEDANTA HOSPITALITY LLC, JSKY LLC, and ANANTA HOSPITALITY LLC.
How many properties are associated with this investor?
At least 2 properties are associated with Baldev Patel and the entities they control, based on signatures extracted from recorded documents connecting Baldev Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references GBank and Longview Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2019 through 2024, with the most recent mortgage recorded in 2024.
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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