Jai Patel
(Jai V. Patel)
Owner
Jai Patel NYC portfolio
$21.9 million -hotel 100%; Queens 69%, Bronx 30%*
3381th largest portfolio by dollar value
81,872 sqft – hotel 100%; Queens 79%, Bronx 20%
2660th largest by SF
3 properties – Queens 66%, Bronx 33%
2992th largest
8 residential units – Bronx 100%
5034th largest by residential units
Notes
Owner Pride Hotel and PrideHospitality
Person Activity past 24 months:
Borrower signatory: 1 for $6 million
Top Ten Associated Companies:
Crown Bank (1), PromiseOne Bank (1), NewBank (1), Metro City Bank (1)
Top Ten Associated People:
Soo Jin Kim (1), Michelle Lee (1)
Recent activity as signatory:
• Jai Patel borrowed $6 million from PromiseOne Bank for 139-01 Archer Avenue on August 08, 2025.
• PrideHospitalityGroup borrowed $30 million from Metro City Bank for 149-01 Archer Avenue on December 29, 2023.
• Jai Patel borrowed $5 million from Crown Bank for 1275 Pugsley Avenue on September 20, 2021.
• Pride Hospitality Group borrowed $5 million from NewBank for 4387 3 Avenue on April 20, 2021.
Latest Stories:
• Jai Patel signs $30M refi with Metro City Bank for Aloft hotel in Jamaica (January 11, 2024)