HFO Recognized by CoStar for "Superior Deal-Making Abilities"

HFO Investment Real Estate (HFO) is pleased to announce that CoStar Group has selected HFO as a CoStar Power Broker Award winner for the seventh time in eight years. HFO was named as having three of the market’s top 10 sales brokers -- the most of any Portland-area commercial real estate firms.

CoStar’s Power Broker is an annual award recognizing the "best of the best" in commercial real estate brokerage by spotlighting the U.S. firms and individual brokers who closed the highest transaction volume in commercial property sales or leases for the entire year in 2012.

HFO qualified as one of the top brokerage firms in Portland based on its total sale transactions closed during the year.  In order to be selected for this honor, HFO was measured against commercial real estate brokerage firms active in its region by CoStar Group, the largest, independent research organization in commercial real estate, and subsequently ranked among the top 10 firms in the market.

According to HFO partner Greg Frick: “We’re delighted to once again be recognized again as a leader in the commercial real estate industry. Our strength is our exclusive focus on the apartment marketplace. Our focus on building long-term relationships with our clients makes each of our transactions significant.”

“CoStar is proud to honor the firms and brokers who perform at the industry’s highest level each year,” said CoStar Group CEO Andrew C. Florance. “These industry leaders deserve to be recognized for their hard work, expertise and superior deal-making abilities. We extend our congratulations to HFO on this achievement.”

The complete list of 2012 CoStar Power Broker Awards winners can be found at www.CoStarPowerBrokers.com.

About HFO Investment Real Estate

HFO is an investment brokerage firm with a focus exclusively on apartment properties in Oregon and Washington.  HFO provides a national and regional selling platform with a unique knowledge of the local market. HFO Investment Real Estate: All Apartments – All the Time. Learn more at http://www.hfore.com.

About CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is commercial real estate's leading provider of information, analytics and marketing services. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Through LoopNet, the Company operates the most heavily trafficked commercial real estate marketplace online with more than 6.7 million registered members.