Recent News

"Closing Big Deals" - Mike Cahill speaks with HotelNewsNow.com


Mike Cahill discusses uptick in activity with Hotel Business


Mike Cahill speaks at The Lodging Conference and LIIC Think Tank


HREC welcomes Hank Wolpert to the Dallas office


Mike Cahill speaks with Denver Real Estate Bisnow


Geoff Davis Speaks with GlobeSt.com


LIIC members talk about "Getting the deal done"


Mike Cahill speaks at the Midwest Lodging Investment Summit


Monty Levy speaks with HotelNewsNow about Leadership


Mike Cahill speaks with GlobeSt.com about appearance on History Channel's "United Stats of America"


Mike Cahill discusses the LIIC Top Ten 2012


Geoff Davis discusses Colorado Hotel Transactions with Colorado Real Estate Journal


Patrick Culligan speaks with Tribune & Georgian about Kingsland, Georgia


Geoff Davis' forecast in Real Estate Forum


Mike Cahill discusses rates and deals with LIIC at the Lodging Conference


Mike Cahill speaks with 9 News regarding study on the Gaylord project


Mike Cahill presents an impact study to the Denver City Council for the proposed Gaylord Hotel and Conference Center


Geoff Davis discusses Brands with Hospitality World Network


HREC Launches Note Sale Platform - Hotel Debt Trader


Mike Cahill Speaks with Hotel Management at NYU Conference


Mike Cahill speaks with Financial Frenzy at the 2011 NYU Conference


Scott Stephens carries on family tradition with a hole-in-one


Mike Armstrong discusses premium brand changes with HotelNewsNow


Hotel Business 2011 Executive Roundtable:  Meet the Money - Capital Ideas:  Financing Solutions For Opportunistic Dealmakers


HREC Florida Newsletter January 2012:  Welcome Back I-Drive Orlando!


Mike Cahill discusses the LIIC Top Ten at the Meet the Money Conference 2011


Mike Cahill and Mike Armstrong speak with Hotel News Now on CMBS loans


Bill Murney speaks with Arizona Central about the number of hotel transactions within the past 12 months


Mike Cahill expresses optimism in 2010 hotel sales


Hotel Business speaks to Monty Levy about creation of Atlanta Hospitality Alliance


Mike Cahill moderates discussion on hotel sales' transactions


Mike Cahill speaks with Hotel Interactive about availability of financing for hotel transactions


Hotel News Now speaks to Mike Cahill about uptick in hotel transactions in first quarter 2010


HREC releases the Florida March 2010 Newsletter: A Change is Blowing in the Florida Wind


Hotel News Now speaks to Mike Cahill about the CMBS market


Mike Cahill and LIIC discuss with Hotel & Motel Management the stresses put on hotel transactions by the financial markets


Mark Lukens joins HREC as SVP and Establishes HREC Office in Seattle


Mike Cahill and members of the International Lodging Finance Council (ILFC) discuss the state of lending in the hotel industry


Paul Sexton joins HREC as VP and Establishes new office in Orlando


Mike Cahill offers advice on buying distressed hotels and what to expect in 2010


Bill Murney comments on the James Hotel in Phoenix, AZ


Hotel News Now speaks to Mike Cahill about the global economies effecting the Dubai World


Mike Cahill projects hotel price stabilization dates


Bill Murney comments on the Wigwam sale price


At the Navigating Troubled Times in the Hotel Industry Conference, Geoff Davis and other panelists predict when we will see steady deal flow again  


 

Ketan Patel   

 kpatel@hrec.com

410-598-7595

Senior Vice President
Washington, DC


 

Employment

  • HREC Investment Advisors - Washington, DC – May 2010 - Present – Senior Vice President – 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