Marcus & Millichap Inc., a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has hired Biran Patel as SVP/national director of the firm’s hospitality division. He is be responsible for overseeing the hospitality division, which focuses exclusively on providing investment advisory and transaction services for hospitality, lodging, resort, marina and golf properties.
Most recently, Patel served as an officer for AAHOA since 2017 and as chairman from 2020 through 2021.
“The hospitality industry has been an integral part of my life,” said Patel. “I spent my childhood being exposed to every aspect of the business at my family’s hotels. By learning from the ground up, I have a unique perspective of the intricacies associated with a successfully run hotel and have utilized this knowledge throughout my professional career. I’m excited about bringing my breadth of hospitality experience and business acumen to Marcus & Millichap.”
Marcus & Millichap’s Hospitality Division leverages a network of more than 2000 investment sales and financing professional specialists in offices across the U.S. and Canada to expose properties to the largest possible pool of qualified investors.