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Neal Patel

Neal Patel

Vice President, MHG Hotels

Member since October 2024

$81M

Volume

$62M

Sold

$19M

Financed

6

Closed

364K sf

Area
AI SummaryBeta

The Vice President has a transaction volume of $81M with 6 closed deals, including significant sales like the acquisition of a West Palm Beach hotel for $20.5M and a development site for $4.1M. The firm specializes in development sites and financing, having secured loans totaling $10.5M for projects in Florida.

AI-generated from Traded deal data. May contain errors.

About

Neal Patel holds a Bachelor of Science Degree from Indiana University and is responsible for securing financing for new MHG development projects, including hotels, apartments and self-storage facilities. He assists with the development process of new construction and acquisitions for the company.


Focus

Development Site
Hotel
Sale
Loan

Member since October 2024

Deals

SOLD

Sanjay Patel, Neal Patel & Hiren Patel Of MHG Hotels Acquire Hotel In Fort Lauderdale For $33.25M

$353/SF

501 Southeast 24th Street, Fort Lauderdale, FL

FLCRE
Sanjay Patel
Hiren Patel
Neal Patel
Feb 2, 2026
SOLD

MHG Hotels Acquires West Palm Beach Hotel For $20.5M

1800 Centrepark Drive East, West Palm Beach, FL

FLCRE
Sophia Pittaluga
Robert Taylor
Sanjay Patel
Nov 17, 2023
SOLD

Hotels Of Pompano Beach Acquires Development Site In Pompano Beach For $4.1M

599 Federal Highway, Pompano Beach, FL

FLCRE
Ivo Tsinev
Jorge Alvarino
DA
Nov 16, 2022
SOLD

Hotels Of Pompano Beach Acquires Development Site In Pompano Beach For $4.1M

599 Federal Highway, Pompano Beach, Florida 33062, United States, Pompano Beach, FL

FLCRE
Ivo Tsinev
DA
Neal Patel
Nov 16, 2022
FINANCED

Sanjay Patel, Hiren Patel & Neal Patel Secures $10.5M Construction Loan For Development Site In Palm Bay, FL

$77/SF

6164 Minton Road Northwest, Palm Bay, Florida 32907, United States, Palm Bay, FL

FLCRE
Sanjay Patel
Hiren Patel
Neal Patel
Apr 28, 2022
FINANCED

Sanjay Patel, Neal Patel & Hiren Patel Acquire Self Storage Property In West Palm Beach For $8.8M

$65/SF

1460 Cherry Road, West Palm Beach, Florida 33409, United States, West Palm Beach, FL

FLCRE
Sanjay Patel
Hiren Patel
Neal Patel
Jan 16, 2022