HFO Recognized by CoStar for “Superior Deal-Making Abilities”

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.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com