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| Steve Hentschel |
NEW YORK, NY –– HFF, Inc.
(NYSE: HF) (HFF) announced the
acquisition of Hentschel & Company,
LLC, a New York-based boutique investment banking advisory firm, whose
primary focus is to advise public and private REITs, non-traded REITs, real
estate investment funds and other private owners of real estate and real estate
debt on M&A, initial public offerings, capital raises and other strategic
alternatives.
HFF has
appointed Steve Hentschel, who
founded Hentschel & Company in May 2013, as the leader of HFF’s M&A and
corporate advisory services provided by HFF’s registered broker-dealer
subsidiary, HFF Securities L.P. (HFFS).
The acquisition of Hentschel & Company establishes the second U.S.
location for HFFS.
 |
| Mark Gibson |
Mr. Hentschel has 27 years of experience in the industry and throughout his career has completed more than $78 billion of transactions.
Prior to starting Hentschel & Company, he founded the real estate investment banking group at Gleacher & Company in 2009 and built it into a practice that was the No. 1 ranked REIT M&A advisor by transaction value in Bloomberg’s U.S. league tables for 2012.
Prior to that, Mr.
Hentschel was a Managing Director and spent ten years in the Global Real Estate
Group at Lehman Brothers and was subsequently the Head of the New York Real
Estate Investment Banking office of Wachovia Securities. Mr. Hentschel holds an
engineering degree from Princeton University.
“The acquisition of
Hentschel & Company will allow HFF to expand its M&A and corporate
advisory services which have been increasingly requested by our clients, said Mark Gibson, CEO and executive managing
director of HFF.
“The Hentschel and Company team is comprised
of best in class professionals with significant experience in all facets of the
investment banking business which will allow HFF to continue to provide
exceptional service and advice to our clients across both the public and
private domains of the commercial real estate industry.
“We are extremely excited
to have the Hentschel and Company professionals join the HFF Team.”
 |
| Ted Flagg |
“We have been approached
over the years by many firms about a strategic combination but we were only
interested in becoming partners with a team that shared our values and brought
compelling strategic value to our clients,” added Mr. Hentschel.
“We are truly excited to
be joining HFF and see significant growth opportunities for our business.” Ted Flagg, a Hentschel & Company
Senior Managing Director, added “The combined platform elevates our strategic
advisory capabilities by adding real time property level perspective and
dramatically enhancing our ability to raise capital.”
Hentschel & Company’s
senior banking team includes Ted Flagg,
Christopher Shea, Chris Allen, and Sher Hafeez.
For a complete copy of the company’s news release,
please contact:
Myra F. Moren
HFF Managing Director,
Investor Relations
(713) 852-3500
KRISTEN M. MURPHY
HFF Director, Public
Relations
(617) 338-0990
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