Providing Decades of Real Estate Investing Experience

Verakin Capital creates the avenue to come together, pool resources, mitigate risk and multiply our networks. We are as dedicated to growing wealth as we are to building relationships. Above all, we are committed to integrity, professionalism, and building long term wealth.

Co-Investing in Real Estate

Verakin Capital is a co-investment opportunity: a group structure that differs from the limitation of investment funds by investing in properties you want, side-by-side to share risk and reward. Our instructive environment offers new real estate investors a more intimate and educational approach to understanding and achieving success with limited liability.


Moreover, we value your networks and areas of expertise to benefit the group. As co-investors, we achieve profitability and create joyful experiences together.

Our Founders

Rupesh

Rupesh Patel

Partner

As a second-generation hotelier, Rupesh brings strong intangibles and incredible energy to Verakin Capital. An award-winning hotel executive, he brings a broad array of experience ranging from ground-up developments and repositions to acquisitions and exits. He has worked with the top brands in the industry including Hilton, Marriott, Hyatt, IHG, La Quinta, and Wyndham Hotels. He also built a successful management company, Zenique Hotels, that focused on the success and experience of its team members and investors.


Rupesh's competitive nature and hunger combined with learning hospitality from his father since the age of 14, has molded him into the successful entrepreneur he is today. Under Rupesh's leadership, his family’s company, Zenique Hotels, has earned numerous awards for development, repositioning, and superb guest satisfaction scores. It is safe to say, Rupesh has a deep understanding of how to develop, operate, and manage exceptional hotels with dedicated team members. 

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    As a graduate of San Diego State University, Rupesh has a serious passion for mentoring and helping others. He currently serves on several hotel technology company advisory boards bringing his deep understanding of technology and passion for how it can enhance the guest experience and optimize operations to young entrepreneurs. As a natural people person, he has also built a close network of friends, colleagues and partners to create synergies and collaboration opportunities. This skill led him to form a strategic partnership with Peachtree Hospitality Management to operate his current portfolio as well as future Verakin Capital hotels. As a father of a young boy, Avi, Rupesh hopes to transfer his passion for mentorship, collaboration skills and intense desire to always do things the right way to the next generation.

Bimal

Bimal Patel

Partner

As a long time, hospitality industry executive, Bimal brings an extensive network of partners and colleagues to Verakin Capital. Bimal grew up in the hospitality industry witnessing his parents manage every aspect of hotel operations. Through instilling the power of hard work early on, his parents placed a high priority on education and Bimal earned a Bachelors of Science from UC Berkeley. He began his career in investment banking doing tech mergers and acquisitions where he honed his skills in corporate strategy, analytics, accounting and finance. After working in finance, Bimal co-founded a technology company, Exend Corporation, where he was in charge of business development and fundraising. Working in technology exposed Bimal to another facet of entrepreneurship and gave him exposure to growth mindset of Silicon Valley.

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    After the dot com bust, Bimal earned his MBA at Cornell University and returned to his hotel roots by also dabbling in coursework at their famed Hotel School. His time interning with boutique hotel developer Chip Conley influenced his passion for independent hotels with a strong culture and distinct branding. Bimal’s vision for the family company, Concept Hotels, is delivering exceptional experiences to business and leisure guests who favor personality over conformity. That vision has grown into a portfolio of nine unique boutique hotels and a restaurant anchored in service, style and great value.


    Bimal is committed to giving back to the industry he loves. He is the former Chairman and current Board member of the California Hotel & Lodging Association (CH&LA). He has also served on the Board of the American Hotel & Lodging Association (AH&LA), the California Lodging Industry Association (CLIA), and the Hospitality & Restaurant Foundation (HARF). He is an active Asian American Hotel Owners Association (AAHOA) member who previously served as an Ambassador and Government Affairs committee member.

    As a father of two, Bimal likes to tell his sons he lives, breathes, and sleeps hotels. He’s hopeful he can instill the same work ethic his parents instilled in him while also encouraging them to embrace change and innovation in whatever career paths they choose.



Hiten

Hiten Suraj

Partner

With over 25 years of experience as a hospitality executive, Hiten brings a wealth of knowledge, creativity, and experience to Verakin Capital. Hiten leads with a 'listen more, speak less' style, which has allowed him to build an exceptional and noteworthy portfolio of hotels in California. As a strategic thinker, Hiten has found creative ways to reposition underperforming hotels, develop new hotels in high barrier locations, and forge public/private relationships for mixed use projects.  Hiten hangs his hat on his 'soup-to-nuts' development experience, excelling at providing executive leadership throughout the entire life cycle of projects starting with feasibility and land acquisition, architectural design, through the entitlement process, contract negotiations, and construction. Hiten has demonstrated excellence in working with planners and city officials to achieve approvals for complex developments involving hotel, retail, industrial and office components.

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    Hiten's interest in the hospitably industry stems from the multi-generation hoteliers in his family. After his parents and relatives emigrated from India, he watched them work diligently and collectively to establish themselves as successful hoteliers. As a second-generation hotelier, Hiten prides himself on his keen ability to preserve his family’s legacy assets through the financial crises of the tech bubble of 2001, the Great Recession of 2008, and now through the Covid pandemic of 2020. 


    During his time off, when Hiten isn’t swinging a golf club, he enjoys paying it forward in his community. He currently serves on the board of the Bhartiya Mandal Foundation, a nonprofit organization built on the pillars of Indian cultural awareness and community service.  In this capacity, Hiten, along with his two young boys, developed the “stay safe” program for local schools to use local hotels as a safe haven for families in need.