David Altobello
First Vice President Investments, Marcus & Millichap
Bethesda, MD 20814
Phone (202) 536-3747
Mobile (703) 424-8183
Property Types
Hospitality
Markets
Baltimore, Toledo, Milwaukee/Madison
Languages
English
Bio
David Altobello joined the Washington, DC office of Marcus & Millichap in May 2019. As a First Vice President, Mr. Altobello is responsible for national investment sales, debt placement/advisory, and structured equity placements with a concentration in the hospitality industry. He is well connected with institutional and private clients. Mr. Altobello has over 25 years of experience in the hotel real estate industry and has been instrumental in structuring more than $2 billion in real estate transactions. His experience spans investment sales, acquisitions, and advisory assignments and has provided financial feasibility, valuation, capital sourcing, and strategic planning services. He has served both public and private enterprises in various assignments. Prior to joining Marcus & Millichap, Mr. Altobello served as Managing Director, at Newmark Knight Frank Lodging Capital Markets. He returned to advisory services after serving as Senior Vice President, Acquisitions & Development with Interstate Hotels & Resorts where he focused on identifying acquisition and management contract opportunities. He began his investment sales career serving clients for over eight years with Rockwood Real Estate Advisors and Molinaro Koger, both leading hotel real estate brokerage, advisory, and capital markets firms. Previously, he was a Director for Marriott International where he managed financial issues, due diligence, pre- and post-closing matters for transactions between Marriott and third parties. He has also held positions at Reznick Group, PC, The Carlyle Group, and Coopers & Lybrand.
Education
