Welcome
Asha
Companies is the latest real estate development
and management company launched by Jay Patel. The company was established to develop first class
experience focused mixed use centers that look beyond
the currently successful “Town Center” models
via its subsidiary Asha Development and to develop first
in class hotels in certain high-barrier-to-entry U.S.
markets via its subsidiary Asha Hotels.
Asha Companies is pursuing locations
in the most attractive real estate investment markets
across the Mid-Atlantic and Northeastern United States.
Although only in business since early 2006, Asha Companies
has already received accolades and blessings from Intercontinental
Hotels Group and is their largest Hotel Indigo Franchisee. Asha Companies also is a member of Starwood Hotels' Development Board of Advisors. Since inception, Asha Companies has committed to
mixed use and hotel development investments in excess
of $1.5 Billion.
"Asha" comes from the Sanskrit root meaning “the inherent nature
of existence” and from the Hindu root meaning “hope”.
