From the beginning, the Patel family consisted of visionaries with an entrepreneurial nature, constantly looking towards future trends for new business ventures.
During the 1950’s, the Patel family built a non-profit school for grades 1 to 10 in their village of Gorad. Which’s currently thriving with an enrollment of up to one thousand students.
In 1970, Jay Patel’s grandfather and father jointly created the Prabhudas Kalidas & Company, one of the biggest road construction companies in the state of Gujarat, India. His grandfather previously founded one of the first manufacturing companies for asphalt paving machines in the country. Originally known as Apollo Engineering Company, it was later renamed Gujarat Apollo, which is now a publicly traded company in the Indian stock market.
1978, a member of the Patel family became the founder and chairman of a non-profit hospital in the town of Mehsana. Which is supported by large donations from other Patel family founding members and trustees.
Since then, the Patel family has owned and operated other various ventures such as an appliance showroom, an automobile dealership, a film production company, an import and export company for medical instruments, an auto-parts manufacturing company, a spice manufacturing/repackaging plant, and a cement products company specializing in pre-stressed concrete poles.
Our success is the result of our combined business experience, which came together in order to drive returns to our community and create opportunities for the success of future generations.
A Family Business
The collective goal of Patel Property Investments is to scale their efforts and returns by welcoming investors to join in new real estate and retail ventures, which are both income-producing and wealth-accumulating.
Jay Patel
CEO and CO-FOUNDER
Energetic and determined, Jay is always exploring new sites, identifying those with the most potential, and negotiating the best deals.
After graduating with his Civil Engineering degree, he decided to pursue Management studies in the USA. After receiving his MBA, he began his journey by buying, selling and growing investments. Since the early 1990’s, Jay has acquired at least one new property or retail business asset every year. His passions include leading a healthy lifestyle, practicing yoga, and staying active.
Please give him a call for any of your investment needs at 401.533.8000
Email Jay
Shiv Patel
VICE PRESIDENT
Ambitious, competitive, and disciplined, Shiv brings drive and focus to every aspect of the business. He leads the portfolio’s property management, leasing, and acquisition strategy, ensuring growth and performance across all fronts.
A graduate of Boston University with a Bachelor’s Degree in Business Administration (concentrations in Marketing and Finance), Shiv began his career at Macy’s corporate headquarters in New York City, where he spent six years honing his business acumen. Alongside his corporate role, he pursued his passion for real estate by working part-time as an agent with the Corcoran Group.
Today, Shiv is a licensed real estate agent with Edge Realty in Rhode Island and Massachusetts. Within his first year, he closed six deals and secured a $1.2 million listing from his very first cold call. He also invests personally in real estate, owning three multi-family properties in Newport.
When he’s not managing properties or working with clients, Shiv enjoys playing tennis, staying active, and performing stand-up comedy.
Please give him a call for any of your investment needs at 401.556.5700
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Prutha Patel
CO-FOUNDER
Outwardly ambitious and savvy at building effective business relationships, Prutha leverages her talents to collaborate in making key decisions to advance the company. She is a seasoned investor and a Licensed real estate agent in RI & MA.
After graduating with her business degree (BSBA) from Boston University, Prutha purchased her first home at the age of 21 and subsequently acquired another multi-family the following year. Co-founding Patel Investments with her father in 2014, she has facilitated the addition of over 33 new assets to their portfolio between real estate and business endeavours. Her Leadership, vision and market expertise has led to the growth of their portfolio.
She is a licensed realtor at RE/MAX Innovations in Providence, RI. Please give her a call for any of your investment needs at 401.573.2900