Investor Profile - WA
Sadiq Karmali
Sadiq Karmali is a real estate investor and operator based in Seattle-Tacoma, WA. Public filings show activity across 4 properties held through 2 holding companies. Recent mortgage relationships include STCU, Enterprise Bank & Trust, and Ameritrust CDC.
Sadiq's Activity
As of June 2026, public records show approximately $24.7M in recorded mortgage exposure linked to this investor across at least 4 mortgage filings and 4 properties held through 2 holding companies. Activity appears concentrated in commercial and vacant assets recorded between 2022 and 2023.
Primary Geography
Seattle-Tacoma, WA
ZIP codes: 98271 and 98273
Most activity in MARYSVILLE and MOUNT VERNON.
Property Type Breakdown
Associated Entities (2)
WA · 1 property · 3 mortgages
WA · 0 properties · 1 mortgage
Mortgages (4)
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/28/2023 | $2.4M | Open | Ameritrust CDC | SKAGIT HOSPITALITY LLC | 1910 FREEWAY DR, MOUNT VERNON, WA 98273 |
| 07/19/2023 | $3.9M | Open | Enterprise Bank & Trust | SKAGIT HOSPITALITY LLC | 1910 FREEWAY DR, MOUNT VERNON, WA 98273 |
+2 more not shown
Owned Properties (4)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1910 FREEWAY DR, MOUNT VERNON, WA 98273 | SKAGIT HOSPITALITY LLC | Owns - 2.9 yrs | $7.8M |
| 11923 STATE AVE, MARYSVILLE, WA 98271 | UNITED VENTURES LLC | Owns - 4.4 yrs | $313 |
+2 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in commercial and vacant properties across Seattle-Tacoma, WA.
What companies is Sadiq Karmali associated with?
Sadiq Karmali is associated with 2 entities based on extracted signatures from public records. Key entities include SKAGIT HOSPITALITY LLC and MARYSVILLE 136TH ST LLC.
How many properties are associated with this investor?
At least 4 properties are associated with Sadiq Karmali and the entities they control, based on signatures extracted from recorded documents connecting Sadiq Karmali to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references STCU, Enterprise Bank & Trust, and Ameritrust CDC, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2022 through 2023, with the most recent mortgage recorded in 2023.
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.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
Elementix may suppress certain contact indicators where legally required or where appropriate for safety or privacy reasons. Requests for removal, suppression, or correction of information must be submitted to [email protected]. Elementix reviews such requests only where required by applicable law. General objections or unsupported demands do not create a removal obligation.