Investor profile - NC
Mital Patel
Mital Patel is a real estate investor and operator based in Raleigh-Durham, NC. Public filings show activity across 12 properties held through 14 holding companies. Recent mortgage relationships include KS Bank, Carolina Bank & Trust Co., and COMMUNITY FIRST BANK.
Mital's Activity
As of December 2025, public records show approximately $18.8M in recorded mortgage exposure linked to this investor across at least 21 mortgage filings and 12 properties held through 14 holding companies. Activity appears concentrated in residential and office assets recorded between 2013 and 2025.
Primary Geography
Raleigh-Durham, NC
ZIP codes: 27612, 27455, 27560, 27701, and 27703
Most recorded activity for this investor appears in DURHAM, RALEIGH, CHARLOTTE, MORRISVILLE, and GREENSBORO.
Property Type Breakdown
Associated Entities (14)
NC · 0 properties · 7 mortgages
NC · 0 properties · 5 mortgages
NC · 2 properties · 3 mortgages
+11 more not shown
Mortgages (21)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 05/29/2025 | $1.0M | Open | GBank | VARSHA LLC | 310 E MAIN ST, HAVELOCK, NC 28532 |
| 06/18/2024 | $1.4M | Open | First Citizens Bank | KRISH AND MEERAA LLC | 433A W BLVD, JACKSONVILLE, NC 28546 |
| 05/06/2022 | $1.2M | Open | First Horizon Bank | KRISH AND MEERAA LLC | 433A W BLVD, JACKSONVILLE, NC 28546 |
+18 more not shown
Owned Properties (12)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 310 E MAIN ST, HAVELOCK, NC 28532 | VARSHA LLC | Owns - 7 mos | $1.7M |
| 3210 FAIRHILL DR, RALEIGH, NC 27612 | OPAL HOTELS RE LLC | Sold | $2k |
| 7113 RAE FARMS WAY, GREENSBORO, NC 27455 | M & J DEVELOPERS INC | Owns - 7.2 yrs | $530k |
+9 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, office, and commercial properties across Raleigh-Durham, NC.
What companies is Mital Patel associated with?
Mital Patel is associated with 14 entities based on extracted signatures from public records. Key entities include REY PETROLEUM LLC, KRISH AND MEERAA LLC, OPAL HOTELS RE LLC, NAMAH LLC, and EQUITY TRUST CO CUSTODIAN FBO MITAL PATEL IRA.
How many properties are associated with this investor?
At least 12 properties are associated with Mital Patel and the entities they control, based on signatures extracted from recorded documents connecting Mital Patel to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references KS Bank, Carolina Bank & Trust Co., and COMMUNITY FIRST 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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