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HFF Announces $8.4 Billion 2009 Transaction Volume

^{Published on 2010-01-08 16:05:10 - Market Wire}
 

PITTSBURGH--([ BUSINESS WIRE ])--HFF, Inc. (NYSE: HF) announced today that its 2009 year-end transaction volume reached approximately $8.4 billion in more than 390 transactions across its capital markets platforms including debt placement, investment sales, structured finance and loan sales. This figure excludes transaction volume relating to HFF's advisory and consulting assignments, which are not reported due to the complexity of reporting such volume. HFF's 2009 annual volume represents a 56 percent decrease over the $19.2 billion transaction volume posted in 2008 reflecting the adverse impact of the declining global capital markets.

Debt placement volume in 2009 reached approximately $5.7 billion while the combined investment sales, structured finance and loan sales volume totaled approximately $2.7 billion.

Separately, HFF's servicing group's portfolio balance reached approximately $25 billion on more than 2,000 loans serviced as of December 31, 2009, for an increase of 2 percent over year-end 2008's balance of $24.5 billion. Through affiliate HFF Securities L.P., the firm's volume of active discretionary funds was approximately $1.6 billion at year-end 2009, up from $1.5 billion at year-end 2008.

This press release outlines HFF's production volume totals, which are calculated from an internal database and have not been audited. Note that these amounts may be adjusted as HFF completes its review and audit of year-end results. No inferences about HFF's fourth quarter 2009 earnings should be made from this announcement of transaction volume. HFF's earnings for fourth quarter 2009 are currently scheduled to be publicly released in early March. HFF has elected to release its production volumes at this time in order to participate in several industry surveys.

About HFF, Inc.

Through its subsidiaries, Holliday Fenoglio Fowler, L.P. and HFF Securities L.P., the Company operates out of 17 offices nationwide and is one of the leading providers of commercial real estate and capital markets services, by transaction volume, to the U.S. commercial real estate industry. The Company offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, investment banking and advisory services, loan sales and commercial loan servicing.