HFF announces sale of single-family residential portfolio in Texas
DENVER, CO – September 19, 2017 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of a single-family residential portfolio located in the Houston and San Antonio, Texas, markets.
The HFF team marketed the offering on behalf of the seller, which was sold on an all-cash basis to an undisclosed buyer.
The portfolio comprises 347 single-family residential (SFR) assets as well as 11 commercial properties. The diversified assets are situated within the Houston and San Antonio metropolitan areas, and represented a significant opportunity to add scale to the buyer’s existing SFR portfolio within these major Texas markets.
The HFF team representing the seller included managing director Jules Sherwood and director Zach Nolan.
“HFF represents both private and institutional owners of SFR portfolios throughout the country,” Sherwood said. “This nearly 350-home portfolio is one of the most significant SFR transactions to take place in 2017, and is indicative of the strong appetite among investors looking to increase their inventory within the rapidly growing SFR industry.”
Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp, a Texas licensed real estate broker.
HFF and its affiliates operate out of 24 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform including debt placement, investment sales, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. Holliday Fenoglio Fowler, L.P., HFF Real Estate Limited (collectively, “HFF”), HFF Securities L.P. and HFF Securities Limited (collectively, “HFFS”) are owned by HFF, Inc. (NYSE: HF). For more information please visit hfflp.com or follow HFF on Twitter @HFF.