Investor profile - LA
Michael Ashy
Michael Ashy is a real estate investor and operator based in Lafayette, LA. Public filings show activity across 2 properties held through 2 holding companies. Recent mortgage relationships include EVANGELINE BANK AND TRUST COMPA, EVANGELINE BANK AND TRUST, and GATEWAY INVESTMENTS.
Michael's Activity
As of December 2025, public records show approximately $7.8M in recorded mortgage exposure linked to this investor across at least 4 mortgage filings and 2 properties held through 2 holding companies. Activity appears concentrated in vacant assets recorded between 2019 and 2024.
Associated People
Primary Geography
Lafayette, LA
ZIP codes: 70503 and 70538
Most recorded activity for this investor appears in FRANKLIN and LAFAYETTE.
Property Type Breakdown
Associated Entities (2)
LA · 5 properties · 3 mortgages
LA · 1 property · 1 mortgage
Mortgages (4)
Top Lenders
$3.0M · 1 loan
$2.8M · 1 loan
$1.1M · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 02/07/2024 | $1.0M | Open | COMMUNITY FIRST BANK | GRAND MARCHE DEVELOPMENT LLC | 420 BAY VIEW DR, FRANKLIN, LA 70538 |
| 11/02/2023 | $3.0M | Open | EVANGELINE BANK AND TRUST COMPA | VINEYARD ESTATES LLC | 106 EVERETT RDGS, LAFAYETTE, LA 70508 |
| 04/07/2020 | $2.8M | Open | EVANGELINE BANK AND TRUST | GRAND MARCHE DEVELOPMENT LLC | 4517 JOHNSTON ST, LAFAYETTE, LA 70503 |
+1 more not shown
Owned Properties (2)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 420 BAY VIEW DR, FRANKLIN, LA 70538 | GRAND MARCHE DEVELOPMENT LLC | Owns - 3.2 yrs | $1.1M |
| 4517 JOHNSTON ST, LAFAYETTE, LA 70503 | GRAND MARCHE DEVELOPMENT LLC | Owns - 7.0 yrs | $1.0M |
+0 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in vacant properties across Lafayette, LA.
What companies is Michael Ashy associated with?
Michael Ashy is associated with 2 entities based on extracted signatures from public records. Key entities include GRAND MARCHE DEVELOPMENT LLC and VINEYARD ESTATES LLC.
How many properties are associated with this investor?
At least 2 properties are associated with Michael Ashy and the entities they control, based on signatures extracted from recorded documents connecting Michael Ashy to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references EVANGELINE BANK AND TRUST COMPA, EVANGELINE BANK AND TRUST, and GATEWAY INVESTMENTS, 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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