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Marcus & Millichap Appoints National Director of Hospitality Division | Business

CALABASAS, Calif.–(Enterprise WIRE)–Jan 31, 2022–

Marcus & Millichap, Inc. (NYSE: MMI), a foremost commercial actual estate brokerage firm specializing in expense sales, financing, study and advisory products and services, declared right now the using the services of of Biran Patel as senior vice president and countrywide director of the firm’s hospitality division. Patel will be liable for overseeing the hospitality division, which focuses solely on supplying financial investment advisory and transaction providers for hospitality, lodging, vacation resort, marina, and golf properties.

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Biran Patel (Photo: Enterprise Wire)

J.D. Parker, executive vice president and main operating officer-Japanese Division, Marcus & Millichap, mentioned: “We are thrilled to have Biran lead our hospitality division. His abundance of practical experience across all sides of the hospitality business around the past 20 decades, coupled with our placement as the sector leader in confined and decide on expert services hospitality product sales, provides a distinctive and indispensable useful resource for our consumers.” Marcus & Millichap’s hospitality division is comprised of above 100 industry experts who are centered completely on furnishing expenditure advisory and transaction products and services for hospitality and associated specialty types. “The addition of Biran is a important part of our ongoing determination to increase our system and deliver marketplace expertise to bear in assisting our clients with their financial investment aims,” Parker included.

Most recently, Biran served as an officer for the Asian American Resort House owners Association (AAHOA) given that 2017 and as chairman from 2020 via 2021. He holds a B.S. in finance from the College of Texas.

“The hospitality market has been an integral component of my existence,” stated Patel. “I put in my childhood staying uncovered to each individual factor of the business enterprise at my family’s hotels. By learning from the ground up, I have a unique viewpoint of the intricacies involved with a successfully run lodge and have used this understanding through my skilled profession. I’m psyched about bringing my breadth of hospitality expertise and business acumen to Marcus & Millichap.”

Marcus & Millichap’s Hospitality Division leverages a community of above 2000 expense revenue and financing experienced professionals in offices throughout the United States and Canada to expose qualities to the major possible pool of capable traders.

About Marcus & Millichap (NYSE: MMI)

With in excess of 2,000 expenditure product sales and financing gurus positioned through the United States and Canada, Marcus & Millichap is a main specialist in industrial real estate financial commitment income, funding, investigation and advisory products and services. Launched in 1971, the company closed 8,954 transactions in 2020 with a benefit of approximately $43 billion. Marcus & Millichap has perfected a impressive program for advertising and marketing homes that combines financial investment specialization, local sector know-how, the industry’s most detailed investigate, point out-of-the-artwork technologies, and interactions with the greatest pool of skilled investors. To learn much more, please stop by: www.MarcusMillichap.com.

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Speak to: Gina Relva, VP of Community Relations

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Search term: UNITED STATES NORTH The us CALIFORNIA

Industry Search phrase: Business Setting up & Real ESTATE Building & Residence LODGING Vacation

Source: Marcus & Millichap, Inc.

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PUB: 01/31/2022 01:00 PM/DISC: 01/31/2022 01:02 PM

http://www.businesswire.com/news/dwelling/20220131005349/en

Copyright Business enterprise Wire 2022.