{"id":1004333381,"date":"2019-06-25T11:40:24","date_gmt":"2019-06-25T19:40:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004333381"},"modified":"2022-12-08T01:21:05","modified_gmt":"2022-12-08T09:21:05","slug":"cpes-stars-to-watch-2019-challenging-the-norms","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/","title":{"rendered":"CPE\u2019s Stars to Watch 2019: Challenging the Norms"},"content":{"rendered":"<h2>Shivam Patel, 29<\/h2>\n<p><strong>Senior Manager, Real Estate and Business Development at Knotel<\/strong><\/p>\n<div id=\"attachment_1004333384\" style=\"width: 410px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004333384\" data-attachment-id=\"1004333384\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/shivam-patel\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\" data-orig-size=\"1000,750\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Shivam Patel\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;At only 28 years old, Shivam Patel, Knotel\u2019s senior manager for real estate and business development, enjoys being a part of the challenging and fast-paced rhythm of the start-up scene. Image courtesy of Knotel&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg?w=1000\" class=\"wp-image-1004333384\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\" alt=\"At only 28 years old, Shivam Patel, Knotel\u2019s senior manager for real estate and business development, enjoys being a part of the challenging and fast-paced rhythm of the start-up scene. Image courtesy of Knotel\" width=\"400\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><p id=\"caption-attachment-1004333384\" class=\"wp-caption-text\">At only 28 years old, Shivam Patel, Knotel\u2019s senior manager for real estate and business development, enjoys being a part of the challenging and fast-paced rhythm of the start-up scene. <em>Image courtesy of Knotel<\/em><\/p><\/div>\n<p>In 2018, Shivam Patel closed one of the deals that propelled flexible office provider Knotel into the big league. The transaction involved the three-building property at 530-536 Broadway in Soho, owned by Wharton Properties and Thor Equities.<\/p>\n<p>\u201cWe had tried to sign that space a year earlier, but the owner didn\u2019t feel comfortable working with Knotel at the time,\u201d Patel noted. \u201cOne of our competitors ended up taking over a year to try and negotiate a deal, and I eventually was able to convince that owner to give Knotel a second shot. We ended up negotiating a transaction in under two months.\u201d<\/p>\n<p>Patel joined Knotel two-and-a-half years ago\u2014back when it only included 10 people. It\u2019s a risk he consciously assumed because, after working in investment banking and real estate financing for close to three years, he wanted a more entrepreneurial role.<\/p>\n<p>\u201cI decided to join a company that was trying to challenge the norms of real estate while still in its infancy. I joined Knotel during its \u2018seed\u2019 round\u2014that was prior to the company raising Series A, and 95 percent of startups fail trying to go from being a Series A to a Series B company,\u201d Patel said.<\/p>\n<p>After graduating the Stephen M. Ross School of Business at the University of Michigan in 2012, Patel worked for investment banking firm Moelis &amp; Co., where he covered finance and health-care companies but none directly related to real estate. Two years later, he made the move to private equity firm Boathouse Capital.<\/p>\n<p>\u201cIn addition to executing transactions on more than 1 million square feet in New York City and San Francisco, despite being new to real estate, Shivam has helped shape and build an industry-leading real estate function at Knotel,\u201d said Eugene Lee, the firm\u2019s CIO &amp; global head of real estate.<\/p>\n<p><strong>What He Likes About Real Estate:<\/strong> \u201cReal estate is something that can be transformed, which is a unique fact. It\u2019s like watching an HGTV show every day.\u201d<\/p>\n<p><strong>What Keeps Him Motivated:<\/strong> Knotel\u2019s approach to the office leasing space is similar to how hotel operators and owners are cooperating. \u201cNot only does it allow owners to generate higher returns compared to a traditional lease, but also better aligned incentives between both parties. I think this is where commercial real estate will eventually be heading,\u201d he added.<\/p>\n<p><strong>If He Wasn\u2019t in Real Estate, He Would Be <\/strong>\u2026 in the start-up scene. \u201cThe challenging environment, trying to build a business and being in a fast-paced landscape as a start-up is something that I love being a part of,\u201d Patel said.<\/p>\n<p><a href=\"https:\/\/mydigitalpublication.com\/publication\/?i=598470&amp;ver=html5\">Meet the rest of <em>CPE&#8217;s Stars to Watch for 2019<\/em>\u2014commercial real estate&#8217;s top young talent.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2018, Shivam Patel closed one of the deals that propelled flexible office provider Knotel into the big league. <\/p>\n","protected":false},"author":236,"featured_media":1004333384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21809],"tags":[46082,42248],"class_list":["post-1004333381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-not-endorsed","tag-cpes-stars-to-watch","tag-knotel"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CPE\u2019s Stars to Watch 2019: Challenging the Norms - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPE\u2019s Stars to Watch 2019: Challenging the Norms\" \/>\n<meta property=\"og:description\" content=\"In 2018, Shivam Patel closed one of the deals that propelled flexible office provider Knotel into the big league.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-25T19:40:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T09:21:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexandra Both\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/\",\"name\":\"CPE\u2019s Stars to Watch 2019: Challenging the Norms - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\",\"datePublished\":\"2019-06-25T19:40:24+00:00\",\"dateModified\":\"2022-12-08T09:21:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg\",\"width\":1000,\"height\":750,\"caption\":\"At only 28 years old, Shivam Patel, Knotel\u2019s senior manager for real estate and business development, enjoys being a part of the challenging and fast-paced rhythm of the start-up scene. Image courtesy of Knotel\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CPE\u2019s Stars to Watch 2019: Challenging the Norms\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7\",\"name\":\"Alexandra Both\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g\",\"caption\":\"Alexandra Both\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/alexandrapacurar\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CPE\u2019s Stars to Watch 2019: Challenging the Norms - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/","og_locale":"en_US","og_type":"article","og_title":"CPE\u2019s Stars to Watch 2019: Challenging the Norms","og_description":"In 2018, Shivam Patel closed one of the deals that propelled flexible office provider Knotel into the big league.","og_url":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2019-06-25T19:40:24+00:00","article_modified_time":"2022-12-08T09:21:05+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg","type":"image\/jpeg"}],"author":"Alexandra Both","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/","url":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/","name":"CPE\u2019s Stars to Watch 2019: Challenging the Norms - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg","datePublished":"2019-06-25T19:40:24+00:00","dateModified":"2022-12-08T09:21:05+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg","width":1000,"height":750,"caption":"At only 28 years old, Shivam Patel, Knotel\u2019s senior manager for real estate and business development, enjoys being a part of the challenging and fast-paced rhythm of the start-up scene. Image courtesy of Knotel"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cpes-stars-to-watch-2019-challenging-the-norms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CPE\u2019s Stars to Watch 2019: Challenging the Norms"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7","name":"Alexandra Both","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g","caption":"Alexandra Both"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/alexandrapacurar\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/Shivam-Patel.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004333381","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/236"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004333381"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004333381\/revisions"}],"predecessor-version":[{"id":1004334680,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004333381\/revisions\/1004334680"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004333384"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004333381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004333381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004333381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}