HFF (commercial real estate)
Defunct commercial real estate firm
From Wikipedia, the free encyclopedia
HFF, Inc. was a provider of capital markets and brokerage services to owners of commercial real estate. In 2019, the company was acquired by JLL.
| |
| Type | Joint-stock company |
|---|---|
| Industry | Commercial real estate |
| Founded | 1998 |
| Defunct | July 1, 2019 |
| Fate | Acquired by JLL |
| Headquarters | One Victory Park, Dallas, Texas |
| Revenue |  $662 million (2018) |
 $95 million (2018) | |
| $116 million (2018) | |
| Total assets | $858 million (2018) |
| Total equity | $351 million (2018) |
Number of employees | 1,074 (2018) |
| Footnotes [1] | |
History
In 1974, John Fowler and Peter Goedecke founded Fowler, Goedecke & Company. In 1982, Holliday Fenoglio & Co was founded by Harold E. (Hal) Holliday and John Fenoglio.[2]
In 1994, Amresco acquired Holliday Fenoglio Dockerty & Gibson.[3] In 1998, Amresco acquired Fowler, Goedecke, Ellis & O'Connor Inc. and merged the two companies to form Holliday Fenoglio Fowler L.P.[4] In 1999, the company was sold to Lendlease for $228 million.[5][6]
In 2007, it became a public company via an initial public offering that raised $257 million.[7][8][9] In 2012, founders Holliday and Fenoglio went to work for CBRE.[10] In July 2019, JLL acquired the company for $1.8 billion.[11][12] Following the acquisition, HFF's common stock stopped trading and was delisted from the New York Stock Exchange.[13]