Team led by hotel experts Michael Yu and Rahul Bijlani
HOUSTON– February 17, 2016 – CBRE Group, Inc. announced that one of the top Texas hospitality teams, consisting of 13 market-leading professionals, has joined CBRE Hotels from Marcus & Millichap. Led by hotel experts Michael Yu and Rahul Bijlani, the team is among the most experienced in Texas, having completed hundreds of transactions spanning limited-service, select-service, extended-stay and full-service hotels across the south and central United States.
Mr. Yu and Mr. Bijlani are high-performing sales professionals with more than 25 years of combined experience. Over the last five years they have closed more than $450 million in hotel sales transactions. Based in Houston, they join CBRE as senior vice presidents and will report to Kevin Mallory, senior managing director and global head, CBRE Hotels and Mark Taylor, senior managing director, CBRE.
“By welcoming Michael, Rahul and their entire team to CBRE Hotels, we are strengthening our platform to reach more hotel owners who are looking to build and deepen their investments,” said Mr. Mallory. “These new team members are joining a strong network of professionals who have a proven track record of achieving optimal results and delivering real competitive advantage for our clients.”
Mr. Yu and Mr. Bijlani are joined by team members Eric Guerrero, vice president, Andrew Frosch, vice president, Tyler Bean, vice president, Dennis Drake, senior associate, Agrama Mannapperuma, senior financial analyst, Pravin Boteju, associate, James Foxx, associate, James Rebullida, financial analyst, Alix Ayala, client services specialist, Kyle Peterek, financial analyst, and Fadi Rawashdeh, sales assistant.
“As the world’s largest commercial real estate company, CBRE has the best access to institutional buyers and sellers of hospitality assets nationwide and worldwide. CBRE also provides outstanding access to hotel financing, including debt and equity, as well as hospitality valuation and consulting services. However, many private hotel owners in the Texas and Louisiana regions are not aware of the value CBRE can bring to their business,” said Mr. Yu. “By joining CBRE Hotels, we are able to give current and potential clients access to a broad range of real estate services to help maximize their investments.”
“This team has significant expertise in the capital markets sector of the hospitality industry and they will provide a great complement to CBRE’s in-depth advisory, consulting, valuation, and financing services,” said Mr. Taylor. “We look forward to this team continuing to create significant value for clients, serving hotel owners and investors throughout this region."
CBRE Hotels is a specialized advisory group within CBRE providing brokerage, valuation, consulting, research and capital markets services to companies in the hotel sector. CBRE Hotels is comprised of over 385 dedicated hospitality professionals located in 60 offices across the globe.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
