HOUSTON, TX - HFF (Holliday Fenoglio Fowler, L.P.) announced today that a highly regarded nine-member multihousing investment sales team will join the firm's Houston office. The five producers and four support associates will focus on capital markets transactions in the multihousing sector. The three senior members bring more than 75 years of experience in the market.
Craig LaFollette, who was an executive vice president and senior member of the Houston Multi-Housing Properties Group at CBRE and a member of CBRE's Institutional Group, will join HFF as senior managing director and will lead the nine-member brokerage team in the disposition of multihousing assets in Texas and across the United States. The team has been involved in more than $6.0 billion in 350-plus multihousing property transactions throughout the United States including multi-market portfolios as well as single-asset sales of Class A, B and C properties.
Todd Stewart, a 25-plus year industry veteran, who was an executive vice president of the CBRE Houston Multi-Housing Properties Group, a member of CBRE's Major Accounts Group and a senior member of the multihousing team, will join HFF as a senior managing director.
Todd Marix, with 20-plus years of multihousing investment sales experience, will join the firm as a senior managing director. He was a senior vice president with the Houston Multi-Housing Group, a member of the Major Accounts Group and was involved with the disposition of assets in Texas and across the United States.
Tre Banks, who will join the firm as a director, has specialized in multihousing transactions since joining the Houston Multi-Housing Properties Group in 1997. He was responsible for financial analysis and business development and holds an MBA from Sam Houston State University.
Chris Curry, who will join the firm as an associate director, was a sales associate in the Multi-Housing Group in Houston, which he joined in 2007. He was responsible for client development in the Class "C" market in Houston and surrounding secondary and tertiary markets, and was also a member of the Private Client Group. Prior to joining the Multi-Housing Group, Mr. Curry was an analyst with United Title of Texas.
Others with the multihousing brokerage team joining HFF Houston include Steve Wendling as director analyst, Cindy Little as associate director, Melissa Nicks as market research analyst and Claire Wehri as graphic designer.
"This addition will not only further enhance HFF's already strong national multihousing team but will add multihousing sales as a property specialty to our existing and established Houston investment sales presence that until now has focused on office, industrial, retail and self storage sales assignments," stated Grady Roberts, senior managing director and co-head of HFF's Houston office. "This is a great fit for our firm, and we are pleased to join forces with this top-rated multihousing brokerage team."
"Our team is very excited with the opportunity to expand HFF's services and grow the firm's multihousing business. The HFF capital markets focus is a strategic component that will allow us to enhance our representations," added Mr. LaFollette.
HFF (NYSE: HF) operates out of 17 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, loan sales and commercial loan servicing.
Source: Holliday Fenoglio Fowler