HFF, Inc. was a provider of

capital market A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers t ...

s and

brokerage A broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confu ...

services to owners of

commercial real estate Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. Commercial property includes office bu ...

. In 2019, the company was acquired by JLL.

History

In 1974, John Fowler and Peter Goedecke founded Fowler, Goedeneke & Company. In 1982, Holliday Fenoglio & Co was founded by Harold E. (Hal) Holliday and John Fenoglio. In 1994,

Amresco Amresco was the new name given to "Financial Resource Management, Inc.", a subsidiary of the NCNB Texas National Bank in 1992. The subsidiary was created by North Carolina National Bank in 1990 to hold and service the $11 billion portfolio of th ...

acquired Holliday Fenoglio Dockerty & Gibson. In 1998, Amresco acquired Fowler, Goedecke, Ellis & O'Connor Inc. and merged the two companies to form Holliday Fenoglio Fowler L.P. In 1999, the company was sold to

Lend Lease Group Lendlease is a globally integrated real estate company that creates and invests in communities, workplaces, retail, and infrastructure projects, headquartered in Barangaroo, New South Wales, Australia. History Founding The company was establ ...

for $228 million. In 2007, the company became a

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

that raised $257 million. In 2012, founders Holliday and Fenoglio went to work for

CBRE Group CBRE Group, Inc. is an American commercial real estate services and investment firm. The abbreviation CBRE stands for Coldwell Banker Richard Ellis. It is the world's largest commercial real estate services and investment firm (based on 2021 reven ...

. In July 2019, JLL acquired the company.

References

{{Authority control Commercial real estate companies Real estate companies established in 1998 Real estate companies disestablished in 2019 1998 establishments in Texas 2019 disestablishments in Texas 2007 initial public offerings 2019 mergers and acquisitions Companies based in Dallas Companies formerly listed on the New York Stock Exchange