
Ketan Patel has been promoted to senior vice president at the Washington, D.C., offices of Hospitality Real Estate Counselors, a national hotel and casino advisory firm specializing in property sales, debt financing, consulting, appraisal and litigation support.
According to a press release from the company, Patel has been involved in the hospitality industry since the early 2000s. He has worked on multiple hotel investment sales transactions throughout the northeastern region, from New York down to the Carolinas. Presently, he has four deals under contract that are expected to close in the first quarter of 2013.
“I look forward to helping grow our practices and remaining the pre-eminent hotel advisory firm in the United States,” Patel was quoted as saying in the release.
“Ketan has become an integral part of our team and strong force in hotel brokerage in the Northeast. We look forward to his continued growth as part of the HREC Investment Advisors team,” Geoff Davis, president and senior principal of HREC Investment Advisors, was quoted as saying.