Friday, September 30, 2011

David Luther Promoted to National Director of Marcus & Millichap’s National Hospitality Group


 HOUSTON, TX – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has named David Luther (top right photo) national director of the firm’s National Hospitality Group (NHG) and regional manager of the firm’s Houston office, according to John J. Kerin (bottom right photo), president and chief executive officer.

 Luther will also continue to manage Marcus & Millichap’s office in Fort Worth, Texas, a position he has held since October 2009. 

“David’s exceptional managerial skills and his track record as a highly successful sales professional make him a tremendous asset for our Houston-area clients and a great resource for our agents,” says Kerin. “He has extensive knowledge of the national hospitality market and will take a leading role in providing client services to hospitality investors nationwide.”

“The Houston office has made Marcus & Millichap the dominant force in the Texas mid-market hotel investment sales market,” says Luther.

“I look forward to delivering our dynamic and effective services for the acquisition and disposition of investment properties to investors nationwide and to providing leadership and support to all of our agents in Houston.”        

Luther began his career with Marcus & Millichap as a multifamily commercial property investment specialist in the firm’s Fort Lauderdale office in 2001. He earned the firm’s prestigious National Achievement Award (NAA) Chairman’s Club award in 2005, was honored as the featured speaker at Marcus & Millichap’s 2006 East Coast/Midwest Sales Meeting and was inducted as a senior investment associate in July 2007.

 Luther became a vice president investments in January 2008. He is a five-time NAA recipient, a former director of Marcus & Millichap’s National Multi Housing Group and has been the firm’s research manager for South Florida.

Luther is a graduate of Southern Methodist University with degrees in real estate finance and mathematics.

 Contact: Stacey Corso, Public Relations Manager, (925) 953-1716

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