HFF Expands Washington, D.C. Capital Markets Team; Adds Hotel Practice Group

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. November 06, 2014

WASHINGTON, D.C. - HFF announced today that 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. 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.

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. “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.

HFF (Holliday Fenoglio Fowler, L.P.) and HFFS (HFF Securities L.P.) are owned by HFF, Inc. (NYSE: HF). HFF operates out of 23 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF together with its affiliate HFFS offer clients a fully integrated national capital markets platform including debt placement, investment sales, equity placement, advisory services, loan sales and commercial loan servicing. For more information please visit www.hfflp.com or follow HFF on Twitter @HFF.