Well-known hotel brokers Scott D. Brash and Lili Gewargis are joining forces with Marcus & Millichap’s National Hospitality Group (NHG) in Chicago, according to Gregory A. LaBerge, the NHG’s national director. Brash will be a senior director of the National Hospitality Group and Gewargis joins as associate. Marcus & Millichap Real Estate Investment Services is the nation’s largest real estate investment services firm.
“You would be hard-pressed to find another hotel broker in the country with more transactional experience than Scott Brash,” says LaBerge. “And Lili, in her own right, brings more than 13 years of transactional experience to complement Scott. We couldn’t be happier and we are ecstatic to have Scott and Lili join our national team.”
Brash and Gewargis will focus on the sale of hospitality investment properties on behalf of institutional and private investors, predominantly throughout the Midwest.
“In my years in the industry I’ve never seen such a unique platform for creating a competitive bidding process that maximizes results for hotel owners,” says Brash. “Having an opportunity to join a firm, whose value proposition to clients is so strong, was very appealing to both Lili and myself.”
Brash Realty was one of the founding firms of the Motel Brokers Association of America (now Hotel Brokers International, or HBI). Scott served on the HBI board of directors for eight years, and achieved that organization’s prestigious “National Salesman of the Year” award. Both he and Lili have each won numerous other top broker awards. During Scott’s long career, he has been involved in more than 375 career transactions.
“Combining the accomplishments of Brash Realty with the platform and commitment of Marcus & Millichap creates a real solution for hotel owners and investors,” notes LaBerge.
With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 6,149 transactions in 2012, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.