State Bank of Texas
People:
Company Activity past 24 months:
Lender company: 12 for $260.4 million
Top Ten Associated Companies:
Maheshchand M. Ratanji (9), Surjeet Kaur (4), Joginder Sharma (3), Balbir Singh Sandhu (3), Rajesh Bhagia (2), United Construction & Development Group (2), Deepak Verma (1), McSam Hotel Group (1), Priyank N. Patel (1), Jasmin Patel (1)
Top Ten Associated People:
Maheshchand M. Ratanji (6), Surjeet Kaur (4), Joginder Sharma (3), Rajesh Bhagia (3), Balbir Singh Sandhu (3), Jiashu Xu (2), Maheshchand Ratanji (2), Deepak Verma (1), Sam Chang (1), Adam Weinberg (1)
Recent activity as company:
• Maheshchand Ratanji borrowed $9.8 million from State Bank of Texas for 449 West 36th Street, Hudson Yards, Manhattan on January 14, 2025.
• Priyank N. Patel, Jasmin Patel and LeTap Group borrowed $36.1 million from State Bank of Texas for 38-21 9th Street, Long Island City, Queens on September 25, 2024.
• Maheshchand M. Ratanji borrowed $6.7 million from State Bank of Texas for 611 Degraw Street, Gowanus, Brooklyn on August 22, 2024.
• Joginder Sharma borrowed $12 million from State Bank of Texas for 767 8th Avenue, 154-10 South Conduit Avenue, and N/A 155th Street, Hell’s Kitchen, Manhattan on August 12, 2024.
• Maheshchand M. Ratanji borrowed $15 million from State Bank of Texas for 1122 Southern Boulevard, East Morrisania, Bronx on July 23, 2024.
• United Construction & Development Group borrowed $52.2 million from State Bank of Texas for 148-22 Archer Avenue, Jamaica, Queens on April 30, 2024.
• Surjeet Kaur borrowed $13 million from State Bank of Texas for 143-10 94th Avenue, Jamaica, Queens on April 16, 2024.
• Maheshchand M. Ratanji borrowed $15 million from State Bank of Texas for 2718 Fulton Street, Cypress Hills, Brooklyn on March 12, 2024.
• Maheshchand M. Ratanji borrowed $9 million from First Federal Savings of Middletown for 640 Gerard Avenue, Concourse, Bronx on February 05, 2024.
• Joginder Sharma borrowed $23.5 million from State Bank of Texas for 32 West 29th Street, NoMad, Manhattan on November 14, 2023.
Latest Stories:
• Maheshchand Ratanji pays $14M to SMA Group NYC for hotel in Hudson Yards (January 15, 2025)
• Atlas Capital pays $202.5M to KKR, Dalan for 365-unit rental in Fort Greene (October 22, 2024)
• Priyank Patel of LeTap Group pays $55.6M to Sam Chang for LIC hotel (September 26, 2024)
• Maheshchand Ratanji pays $9.2M for formerly foreclosed hotel in Gowanus (August 23, 2024)
• Maheshchand Ratanji signs $15M refi for new hotel in East Morrisania (July 24, 2024)
• Lender acquires Union Hotel in Gowanus through $8M foreclosure transfer (December 15, 2023)
Court Records: