Ketan Patel is a Managing Director with JLL’s Hotels & Hospitality Select Service Investment Sales team in the Washington, D.C. office. Ketan is focused on growing JLL’s select service investment sales business nationally, as well as enhancing the firm’s hospitality presence in the Mid-Atlantic region.
Ketan has over 20 years of experience in the hospitality industry, 17 of which have been at brokerage firms where he has completed more than $3 billion in hotel transactions across the U.S. He has experience completing single asset and portfolio transactions consisting of both full and select service hotels.
Prior to joining JLL, Ketan was a Managing Director and principal broker representing the Mid-Atlantic and Northeast for HREC Investment Advisors. In this role, he closed more than 190 transactions totaling over $2.0 billion in volume and was consistently the highest-producing broker at the firm for the last five years. Ketan has developed new relationships and nurtured existing ones with hotel owners/operators, including a variety of institutional clients across the country with a focus on the East Coast. In addition, he was involved in the valuation of individual and portfolios of hotel assets for clients ranging from limited service to large full-service hotels.
Patel received his Bachelor of Science in Finance and Decision and Information Science from the Robert H. Smith School of Business at the University of Maryland, College Park, Maryland.