Ketan Patel - Hospitality Real Estate Counselors

Employment

HREC Investment Advisors® - Washington, DC – May 2010 - Present – Managing Director – Ketan provides specialized brokerage and investment banking services exclusively to the lodging and gaming industries including real estate, development and investment analysis.
CB Richard Ellis Hotels - New York, NY – March 2007 - January 2009 – Associate
- Managed entire investment property sales process working directly with the Executive Vice President of the hotel group
- Developed new relationships and nurtured existing ones with hotel owners and operators across the country with a focus on the northeast market
- Completed pitch books and presented strengths and services offered by our team to potential clients
- Valued individual and portfolios of hotel assets for clients ranging from small limited service to large full service hotels
Molinaro Koger - McLean, VA - March 2005 - February 2007 - Senior Financial Analyst
- Involved in all aspects of hotel real estate advisory services including creation of valuations, offering memorandums, and marketing plans
- Valued hotels by analyzing historical financials, creating pro forma financials, DCF analysis, completion of an IRR analysis, market analysis, and researching comparable sales
- Completed financial projections based on historical financials, operating performance, market trends, demand generators, competitive set of hotels, and economic growth
- Worked with clients to gather, research, and analyze due diligence materials to write a comprehensive report on the current state of a hotel property

Education
University of Maryland, College Park, MD
Robert H. Smith School of Business
Bachelor of Science in Finance and Decision and Information Sciences

Johns Hopkins University, Baltimore, MD
Krieger School of Arts and Science