Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced that hospitality industry veteran Keith Worsham has joined the firm in Atlanta as a senior managing director. Prior to joining Marcus & Millichap, Worsham was a senior managing director with Newmark Knight Frank (NKF).
“Keith brings a wealth of hospitality knowledge, experience and relationships and we’re very pleased to welcome him to our team in Atlanta,” said Michael J. Fasano, first vice president and regional manager of Marcus & Millichap’s Atlanta office. “His expertise and familiarity with virtually every aspect of the hospitality industry make him a valuable resource for investors, both across the nation and locally, who are drawn to Georgia by the state’s improving hotel occupancy and revenue metrics.”
“Marcus & Millichap’s National Hospitality Group already closes more transactions than any other firm,” added Bryn Merrey, senior vice president and division manager. “The addition of Keith to our team allows us to expand our service offering among larger transactions and further raises the level of client service we offer in that space.”
Prior to NKF, Worsham was a senior director at Ten-X, where he assisted in the completion of more than $2.2 billion in hospitality transactions. As director of franchise sales for Accor Hotel’s Red Roof Inn and director of development for Cendant Corp., Worsham signed more than 170 franchise agreements and generated over $120 million in combined annual revenue. As a co-founder of Wesley Hotel Group LLC, he participated in the development, ownership and operation of hotels for major institutional and private clients. Throughout his career, Worsham has worked with major flagship brands including Marriott International, Hilton, Wyndham Hotels and Resorts and the InterContinental Hotels Group.
About Marcus & Millichap (NYSE: MMI)
With nearly 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 9,472 transactions in 2018 with a value of approximately $46.4 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.
