Hospitality Team Plans to Source Asian Capital

Yu says the team is constantly discovering new ways to open up new opportunities for clients.

HOUSTON—Having completed hundreds of transactions spanning limited-service, select-service, extended-stay and full-service hotels across the south and central United States, a hospitality team has joined CBRE Hotels . Led by hotel experts, Michael Yu and Rahul Bijlani , along with 13 other professionals, the team has amassed a multi-million-dollar transaction portfolio. Yu tells GlobeSt.com: “From sourcing Chinese capital in CBRE’s Asia offices, to working alongside CBRE Hotels’ Americas valuation and advisory services and research professionals (formerly PKF Consulting USA and PKF Hospitality Research), we are constantly discovering new ways to open up new opportunities for our clients.” Yu and Bijlani are sales professionals with more than 25 years of combined experience. During 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,” says 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.” Yu and 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 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.”