DALLAS, TX - HFF (Holliday Fenoglio Fowler, L.P.) announced today that it will expand its Texas presence by opening an office in Austin with an immediate focus on multi-housing investment sales. Executive managing director Jody Thornton is overseeing the Texas expansion from HFF's Dallas office.
Source: Holliday Fenoglio Fowler
The new Austin office will be opened by senior managing director Sean Sorrell, who will focus on multi-housing investment sales transactions primarily in the Southwestern United States. Mr. Sorrell has 25 years of experience in real estate and joins HFF from Montecito Investment Company where he was the chief investment officer. Mr. Sorrell and his partners founded Montecito Property Company, which focused on acquiring multifamily rental property, renovating the properties and selling the units as condominiums. He also formed Montecito Medical Investment Company where he focused on the acquisition, development and consolidation of healthcare-related real estate assets nationwide. Prior to Montecito, Mr. Sorrell worked at CBRE as a senior vice president handling multi-housing investment sales. Mr. Sorrell also worked as an RTC asset management contractor and at various independent brokerage companies during his career. Mr. Sorrell received his BBA in Finance from the University of Texas and is a licensed real estate broker in Texas.
"HFF has had a significant presence in the Austin market since the early 1980's. By opening a physical Austin office it enables us to expand upon our Texas footprint and establish a larger market share in greater Austin and San Antonio," said Jody Thornton, executive managing director of HFF in Dallas. "Sean will be a tremendous asset to our multi-housing investment group and will work closely with our established teams in Houston and Dallas."
Holliday Fenoglio Fowler, LP ("HFF") and HFF Securities LP ("HFFS") are owned by HFF, Inc. (NYSE: HF). HFF operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, advisory services, structured finance, private equity, loan sales, and commercial loan servicing.