Amit Patel and Bhavin Patel, who are not related, have formed a private equity fund called Spark | GHC with the goal of building a hotel company with select-service properties in Greater Cleveland and the Midwest.
Although the $100 million fund, which they are raising, is a new undertaking, it builds on backgrounds of them both and their companies.
Read MoreDespite market conditions discouraging some locals, Green Harvest Capital’s Principals remain focused on ferreting out deals by word of mouth that won’t attract groups looking to buy and sell in hopes of reaping a quick profit.
Read MoreIn Cleveland, several projects that were temporarily put on hold are now in full swing. For the future of downtown, these projects, including the Cleveland Innovation District, will secure lasting employment for thousands of Northeast Ohioans.
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