Melody Collins

Vice President

State Bank of Texas

Lender

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Person Activity past 24 months:

Lender signatory: 7 for $130.6 million

Top Ten Associated People:

Maheshchand M. Ratanji (3), Balbir Singh Sandhu (3), Surjeet Kaur (2), Adam Weinberg (1), Moshe Glassman (1), Rajesh Bhagia (1), Jiashu Xu (1), Joginder Sharma (1)

Recent activity as signatory:

• Maheshchand M. Ratanji borrowed $23 million from State Bank of Texas for 1 Duryea Place on April 22, 2026.

• Maheshchand Ratanji borrowed $11.7 million from State Bank of Texas for 156 Bruckner Boulevard on November 26, 2025.

• Rajesh Bhagia borrowed $14.8 million from State Bank of Texas for 543 President Street on July 16, 2025.

• Surjeet Kaur borrowed $12.9 million from NewBank for 268 Williams Avenue on March 28, 2025.

• Surjeet Kaur borrowed $12.9 million from NewBank for 268 Williams Avenue on March 28, 2025.

• Bayrock Capital borrowed $18 million from State Bank of Texas for 44-21 9 Street on March 17, 2025.

• 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.

• Joginder Sharma borrowed $12 million from State Bank of Texas for 767 8 Avenue on August 05, 2024.

• Maheshchand M. Ratanji borrowed $15 million from State Bank of Texas for 1122 Southern Boulevard on July 16, 2024.

• United Construction & Development Group borrowed $52.2 million from State Bank of Texas for 149-08 Archer Avenue on April 08, 2024.

Latest Stories:

• Priyank Patel of LeTap Group pays $55.6M to Sam Chang for LIC hotel (September 26, 2024)

• Joginder Sharma signs $12M refi loan with State Bank of Texas for three properties in NYC (August 13, 2024)

• Maheshchand Ratanji signs $15M refi for new hotel in East Morrisania (July 24, 2024)

• United Construction & Development signs $52.2M replacement loan with State Bank of Texas for hotel in Jamaica (May 01, 2024)

• Bayrock Capital pays $24M for hotel in Long Island City (November 01, 2023)

• Surjeet Kaur signs $13M refi for hotel in Long Island City, prior lender was Maguire Capital (January 30, 2023)

• Surjeet Kaur signs $23M refi loan with State Bank of Texas for new hotel in Jamaica (January 27, 2023)

• $16M LIC hotel pre-foreclosure (August 17, 2021)

• Jurjeet Kaur borrows $15M from Harry Enterprise for property in Jamaica (June 30, 2020)

• Maheshchand Ratanji borrows $10M from State Bank Of Texas for hotel in Mott Haven (May 14, 2020)

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