HFF (commercial real estate)

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.

HFF, Inc.

Company type	Joint-stock company
Industry	Commercial real estate
Founded	1998; 27 years ago (1998)
Defunct	July 1, 2019; 6 years ago (2019-07-01)
Fate	Acquired by JLL
Headquarters	One Victory Park, Dallas, Texas
Revenue	$662 million (2018)
Operating income	$95 million (2018)
Net income	$116 million (2018)
Total assets	$858 million (2018)
Total equity	$351 million (2018)
Number of employees	1,074 (2018)
Footnotes / references [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]