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Steve Patel

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Steve Patel

Director of Hospitality

 

DRE Lic. #01008413​

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stevepatel@tggri.com

818.731.6122 Cell/Text

Steve Patel is Director of TGG Realty, Inc. Hospitality Division. Steve has over 35 years as a hotel broker representing hotel buyer and sellers throughout the state of California. At TGG Realty Mr. Patel’s focus is growing the limited service hotel acquisition platform and arranging sales, acquisitions and advisory work to the lodging industry.

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Prior to TGG Realty, Inc. Steve was Senior Vice President of CRU Hotels where he was focused on the firm’s Investment Brokerage activities for the Hospitality & Lodging  Industry,  particularly Hotel and Motel investment marketing and sales in the Southern California region. His background, hands-on knowledge and experience, both operationally and as a broker, will provide the highest level of advisory services and transactional support for those clients buying, selling or investing in the Hospitality industry.

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Steve’s mission statement for his clients is to provide a competitive advantage through superior industry knowledge, product specialization, and pro-active brokerage services.

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Since 1979, Steve has been an active participant in the Hotel/Motel industry as an Owner, Operator, Developer, and Director of Franchising for a nationwide hotel company, Commercial Sales & Leasing Agent for a Los Angeles-Westside brokerage firm and a top performing commercial real estate broker. Steve was Vice President of CB Richard Ellis-Hotel Group and was Executive Vice President of Coldwell Banker Commercial where he helped create and manage the CBC-Hospitality Group. As the groups Managing Director of Western Region, Steve provided his clients with a national network of over 700 commercial investment sales specialists in 100 regional offices who ended 2003 with  record sales of over $15 Billion.

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Mr. Patel’s career experiences include: Western Regional Director of National Hospitality Group of Coldwell Banker Commercial, Associate Broker with Marcus & Millichap, Senior Associate with Kent Realtors, Sales & Leasing agent with Sommer-Broida, Vice President of Marketing with Overland Technology Inc., Management Consultant with George S. May Consulting Inc. and Director of Business Development for SEMIO Software, LLC.

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Steve is a graduate of the University of Southern California and holds a degree in Business Administration and excelled in its Entrepreneur Program. Steve is the recipient of USC’s prestigious “Best Business Plan of the Year Award”, was Kent Realtors Rookie of the Year  and was recipient of  their Top 5 Sales Agent Award. Other achievements include the QE Merit Award for Leadership from Queen Elizabeth II, past President of his college fraternity, served as Treasurer for the USC Sailing  Club. Steve was also elected on Northridge Neighborhood Council and served three terms as president. Was appointed chairman of the Northridge Vision Committee and North Valley Disaster Preparedness Committee and nominated by Mayor of Los Angeles to serve on the LA City Planning Commission.

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