Investor profile - IL
Mahendra Patel
Mahendra Patel is a real estate investor and operator based in Chicago, IL-IN-WI. Public filings show activity across 15 properties held through 19 holding companies. Recent mortgage relationships include Midland States Bank, GBank, and Prospect Bank.
Mahendra's Activity
As of December 2025, public records show approximately $39.7M in recorded mortgage exposure linked to this investor across at least 28 mortgage filings and 15 properties held through 19 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2012 and 2025.
Primary Geography
Chicago, IL-IN-WI
ZIP codes: 60422, 60007, 60015, 60018, and 60025
Most recorded activity for this investor appears in FLOSSMOOR, HOMEWOOD, GLENVIEW, LAKE BLUFF, and GLENWOOD.
Property Type Breakdown
Associated Entities (19)
IL · 4 properties · 6 mortgages
IL · 0 properties · 4 mortgages
IL · 0 properties · 2 mortgages
+16 more not shown
Mortgages (28)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 10/09/2025 | $771k | Open | NEHA PITTSBURG REALTY CORPORAT | SHREE RAM 2025 LLC | 16273 PITTSBURG RD, PITTSBURG, IL 62974 |
| 07/17/2025 | $727k | Open | Prospect Bank | 2350 PLAINFIELD RD LLC | 2350 PLAINFIELD RD, CREST HILL, IL 60403 |
| 12/27/2024 | $1.6M | Open | GBank | GHANSHYAM HOSPITALITY LLC | 2600 LAKE COOK RD, RIVERWOODS, IL 60015 |
+25 more not shown
Owned Properties (15)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 20 E DEVON AVE, ELK GROVE, IL 60007 | HARI OM KRUPA INC | Owns - 20 mos | $325k |
| 2950 S RIVER RD, DES PLAINES, IL 60018 | SUPREME BRIGHT DES PLAINES I LLC | Owns - 2.1 yrs | $10 |
| 611 MILWAUKEE AVE, GLENVIEW, IL 60025 | 611 MILWAUKEE LLC | Owns - 2.7 yrs | $10 |
+12 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, commercial, and office properties across Chicago, IL-IN-WI.
What companies is Mahendra Patel associated with?
Mahendra Patel is associated with 19 entities based on extracted signatures from public records. Key entities include EQUIVALENT EXCHANGE INVESTMENT HOLDINGS LLC, JAY BRAHMANI LLC, 2350 PLAINFIELD RD LLC, 1413 N PROSPECT PROPERTY LLC, and SHAMBHU HOTEL LLC.
How many properties are associated with this investor?
At least 15 properties are associated with Mahendra Patel and the entities they control, based on signatures extracted from recorded documents connecting Mahendra Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Midland States Bank, GBank, and Prospect Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2012 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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