HFO Investment Real Estate Named one of Portland's Top Brokerage Firms by CoStar Group

PORTLAND, OR – June 9, 2009 – HFO Investment Real Estate (HFO) is pleased to announce that CoStar Group (NASDAQ: CSGP) has selected HFO as a CoStar Power Broker Award-Winner for the fourth straight year.  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 2008.

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 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 Group is very proud to recognize the commercial real estate brokerage firms who truly excelled and achieved remarkable sales success in 2008 despite the difficult economic circumstances,” said CoStar Group President and CEO Andrew C. Florance. “We congratulate HFO on its impressive professional accomplishment.”

About HFO Investment Real Estate
HFO specializes in apartments for sale in Oregon and Washington. Using cutting edge resources, HFO helps clients find dynamic multifamily investment properties and offers an insider's knowledge of the local market. It is HFO's mission to create wealth for its clients by providing extraordinary commerical real estate sales and investment services. Learn more about HFO at http://www.hfore.com .


About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is the number one provider of information/marketing services to commercial real estate professionals in the United States as well as the United Kingdom. CoStar's suite of services offers customers access via the Internet to the most comprehensive database of commercial real estate information throughout the U.S. as well as in the United Kingdom and France. Headquartered in Bethesda, MD, CoStar has approximately 1,300 people working for the company worldwide, including the largest professional research organization in the industry. For more information, visit http://www.costar.com .