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| Cyrus Vazifdar |
WASHINGTON, D.C. – HFF announced it has expanded its
Washington, D.C. capital markets team by adding a dedicated hotel transaction
group to its existing business.
The team will include Cyrus Vazifdar, an associate
director in the investment sales group, and Mark Remington, a managing
director in the debt group.
The HFF Washington, D.C. Hotel Team offers a full range of
lodging-specific capital markets transaction capabilities, including investment
sales, debt placement and equity placement, focusing on the execution of
Mid-Atlantic lodging transactions.
The team is part of HFF’s national hotel group led by Daniel
Peek, which has closed more than $1.2 billion in investment sales, debt
placement and equity placement transactions through second quarter 2014.
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| Mark Remington |
The HFF hotel group
is comprised of more than 30 hotel professionals across the company’s
investment sale, debt placement and equity placement platforms, located
throughout 23 offices nationwide.
Cyrus Vazifdar will focus on hotel and lodging investment
sales transactions primarily in the Mid-Atlantic states, with a specific focus
on the Washington, D.C. lodging market.
Vazifdar has been with HFF since 2011, initially as a member of HFF
Miami before relocating to the Washington, D.C. office to establish HFF
Washington, D.C.’s first hotel investment sales practice.
Prior to that, he earned his MBA from the
George Washington University. He began
his career in commercial real estate at Canyon Equity, focusing on the
acquisition and development of ultra-luxury hotel and residential
properties. Vazifdar received his
bachelor’s degree from Villanova University.
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| Daniel Peek |
Mark Remington, who has been with HFF since 2004 and has
more than 30 years of finance and sales experience, will focus on hotel and
lodging debt and equity placement transactions.
Prior to HFF, he was a vice president of capital markets at Cassidy
& Pinkard and before that was a commercial real estate lender for 14
years.
Remington holds a Bachelor of
Science from the University of California – Davis and a Masters of Business
Administration from Cornell University.
“We are truly pleased to announce that Cyrus Vazifdar has
relocated to Washington D.C. from Miami, where he has been a key member of our
hotel practice for the past three years,” noted Dan Peek, senior managing
director and the leader of HFF’s hotel industry practice.
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| Marriott Marquis Convention Center |
“Cyrus has contributed greatly to the
dramatic growth of our hotel business and will now enhance his role from our
office in Washington.”
Since 2012, the HFF Hotel Team has executed more than $1.2
billion in Mid-Atlantic hotel transaction activity, including the construction
financing for the newly opened Marriott Marquis Convention Center, and the sale
of the eight-property Skye Hotel Portfolio.
For a complete copy
of the company’s news release, please contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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