HFF Reveals Favorable 1Q Results

Commercial real estate and capital markets services provider HFF, Inc., has reported revenues of $19.4 million for the first quarter of 2010, an increase of $6.2 million, or 46.8 percent compared to 2009’s first quarter revenues of $13.2 million.

HFF attributes the improvement to the increase in production volumes and related revenue in several of the company’s capital markets services platforms and a decrease in operating and administrative costs, among other factors. In a recent statement, the company said that it is prepared to continue investing capital to strategically take advantage of all opportunities to grow its business platforms in existing and new markets, as it did during 2009 and so far in 2010.