FLORHAM PARK, NJ – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has been recognized by the Mid-Atlantic Real Estate Journal in its annual “The Best of 2015 issue released on March 25, 2016.
HFF received 11 awards from the Mid-Atlantic Real Estate Journal. Additional details are below:
Top Sales Brokers
No. 1 Broker Team – Jose Cruz and Kevin O’Hearn, HFF New Jersey (second year in a row)
No. 5 Broker – Mark Thomson, head of HFF Philadelphia’s office
Top Mortgage Brokers
No. 1 Broker – Jon Mikula, co-head of HFF New Jersey (second year in a row)
No. 2 Broker – Ryan Ade, managing director, HFF Philadelphia
No. 4 Broker – Jim Cadranell, senior managing director, HFF New Jersey
Fastest Growing Firm of 2015
HFF Philadelphia – 300 percent increase in employees
Largest Multifamily Sales
Mid-Atlantic Garden Apartment Portfolio – Cruz, O’Hearn, Mike Oliver and Steve Simonelli closed the $165.4 million sale of this 12-property apartment portfolio totaling 2,811 units in New Jersey, Pennsylvania and Delaware.
2116 Chestnut – Thomson and Cruz closed the sale of this 34-story, 321-unit, Class A, luxury residential tower in Center City Philadelphia. This transaction set a Philadelphia sales record, representing the largest single multi-family sale in Philadelphia in 2015 with its more than $470,000 per residential unit sales price.
Largest Retail Sales
Chester Springs Shopping Center – Cruz, O’Hearn, Oliver and Simonelli closed the $53.8 million sale of the 223,000-square-foot -square-foot, Class A, grocery-anchored retail center in Chester Borough, New Jersey.
Largest Financing Deals
Horsham Portfolio – This $200 million financing was for a 41-building, 2.3 million-square-foot office portfolio in Horsham, Pennsylvania. This transaction represented acquisition financing for the largest suburban office trade in the area in 2015.
Pennsylvania Portfolio – Mikula and Cadranell secured this $221.8 million financing of a 30-property retail, office and medical office portfolio totaling 1.7 million square feet in Maryland and Pennsylvania.
Mid-Atlantic Real Estate Journal’s “The Best of 2015” highlights the largest developments, major financial transactions, largest office, retail and industrial transactions and the most unusual architectural and construction projects. Companies were divided into three categories – small medium and large firms. The winners were determined by the top company and/or largest deal in each of the three categories.
About HFF: HFF and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 22 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, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit hfflp.com or follow HFF on Twitter @HFF.