Letap Group

People:

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Letap Group NYC portfolio

$55.6 million -hotel 100%; Queens 100%*

2114th largest portfolio by dollar value

87,763 sqft – hotel 100%; Queens 100%

2570th largest by SF

Company Activity past 24 months:

Buyer company: 1 for $55.6 million

Borrower company: 1 for $36.1 million

Top Ten Associated Companies:

State Bank of Texas (1)

Top Ten Associated People:

Melody Collins (1)

Recent activity as company:

• Priyank N. Patel, Jasmin Patel and LeTap Group borrowed $36.1 million from State Bank of Texas for 38-15 9 Street on September 20, 2024.

• McSam Hotel Group sold 38-15 9 Street for $55.6 million to Priyank N. Patel, Jasmin Patel and LeTap Group on September 20, 2024.

• McSam Hotel Group sold 38-11 10 Street for $0 to Letap Group on December 31, 2022.

Properties:

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