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| Steve Otos |
PORTLAND, OR, June 24, 2013 – Marcus & Millichap Capital
Corporation (MMCC) has named Steve Otos as a director in the firm’s
Portland office, according to William E. Hughes, senior vice president
and managing director of MMCC.
In his
new position, Otos will arrange debt and equity financing for all types of
commercial real estate assets, including hospitality, multifamily, retail, and
office and industrial properties.
“Steve has a strong background in finance and financial
structuring,” says Hughes. “His experience, particularly in the hospitality
sector, will be of great value to our clients in Portland and throughout the
Pacific Northwest.”
During his career, Otos has financed more than $140 million
in hospitality projects.
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| William E. Hughes |
Prior to
joining MMCC, Otos was a development and contract specialist for a $60 million
high-rise project in San Antonio, Texas. Before that he served as executive
vice president for Wright Development, was senior director of finance for
Pacific Security Capital, a real estate loan originator for Wells Fargo and
director of finance for Morgan, Cox & Slater, all in Portland.
Otos graduated from Portland State University, where he
earned a Bachelor of Business Administration with an emphasis in finance and law,
and a Bachelor of Science in psychology.
For a complete copy of the company’s news release, please
contact:
Gina Relva,
Public Relations Manager
Marcus & Millichap Capital Corporation
(925) 953-1716
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