Investor profile - IL
Hemant Patel
Hemant Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 6 properties held through 18 holding companies. Recent mortgage relationships include Home Bank, Oak Mortgage Group, and Midland States Bank.
Hemant's Activity
As of December 2025, public records show approximately $16.7M in recorded mortgage exposure linked to this investor across at least 23 mortgage filings and 6 properties held through 18 holding companies. Activity appears concentrated in commercial assets recorded between 2013 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60516, 60148, 60173, 60193, and 60418
Most recorded activity for this investor appears in SCHAUMBURG, DOWNERS GROVE, MIDLOTHIAN, and LOMBARD.
Property Type Breakdown
Associated Entities (18)
IL · 0 properties · 10 mortgages
IL · 0 properties · 2 mortgages
IL · 1 property · 2 mortgages
+15 more not shown
Mortgages (23)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/18/2025 | $8.0M | Open | Home Bank | HHIQ LLC | 4821 OAK ST, QUINCY, IL 62305 |
| 01/29/2025 | $650k | Open | PND INVESMENT | MAHAKAL LLC | 5593 W 127TH ST, MIDLOTHIAN, IL 60418 |
| 12/12/2024 | $199k | Open | Prairie State Bank and Trust | SVS RESIDENTIAL LLC | 2305 FLAXEN MILL CT, SPRINGFIELD, IL 62704 |
+20 more not shown
Owned Properties (6)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 5593 W 127TH ST, MIDLOTHIAN, IL 60418 | MAHAKAL LLC | Owns - 11 mos | $1k |
| 1120 S SPRINGINSGUTH RD, SCHAUMBURG, IL 60193 | BANAYA PROPERTIES INC | Sold | $610 |
| 1300 E HIGGINS RD, SCHAUMBURG, IL 60173 | CHAMPION X 2017 LLC | Sold | $2.9M |
+3 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 Hemant Patel associated with?
Hemant Patel is associated with 18 entities based on extracted signatures from public records. Key entities include SVS RESIDENTIAL LLC, BLACKSTONE REAL ESTATE VENTURE LLC, BLACKSAND LLC, JHNS LLC, and MJR MANAGEMENT LLC.
How many properties are associated with this investor?
At least 6 properties are associated with Hemant Patel and the entities they control, based on signatures extracted from recorded documents connecting Hemant Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Home Bank, Oak Mortgage Group, and Midland States Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2013 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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