Cody Hagerman , Partner email vCard

Cody is a co-founder of HFO and brings more than 25 years of multifamily investment sales and advisory experience to clients throughout the Pacific Northwest. His in-depth knowledge of the multifamily sector, and ability to forecast trends through macro- and micro-level market forces, has made him an invaluable resource for investors. Cody is consistently sought out by national/institutional and regional ownership groups to advise and execute on dispositions, acquisitions, or strategic positioning during hold periods. Cody has led the HFO team in some of the region's most complex and creative transactions in recent years, and has built a reputation for being one of the best apartment brokers on the west coast. He can be reached by phone at (971) 717-6333 or email him by clicking the email icon above.

Greg Frick , Partner email vCard

Greg is a co-founder of HFO and has nearly 25 years of multifamily investment sales and advisory experience in Oregon and SW Washington. Greg is one of the most respected brokers in the region and has developed a credible reputation among apartment owners, investors and competitors for providing superior client service. His insight into the regional multifamily industry and uncompromised ethics are the benchmark for how the HFO team approaches each client's needs. Whether he is overseeing a new marketing initiative, or collecting and using data to illustrate a market opportunity, Greg never stops striving to improve value for HFO’s clients. Greg represents both private and institutional clients, and currently serves on the MultifamilyNW newsletter committee. Greg can be reached by phone directly at (971) 717-6332 or email him by clicking the email icon above.

Rob Marton , Partner email vCard

With more than 15 years of multifamily brokerage experience focusing exclusively on private client and institutional apartment sales in Oregon and Washington, Rob ranks among the few multifamily investment brokers in the Pacific Northwest who consistently delivers results. Rob's depth and experience in selling core and tertiary assets ranging from twenty to triple digit portfolios sets him apart from others largely due to his disposition with clients. Whether a client has an 8-unit property or a multi-property portfolio, Rob approaches and treats each client and transaction with the upmost respect and dignity. In addition, Rob plays an integral part in the professional development of all team members within the organization. His expertise on the market, credibility with clients, negotiating skills, and genuine care for the wellfare of all team members sets the bar for all within HFO. Rob can be reached by phone directly at (971) 717-6335 or email him by clicking the email icon above.

Tyler Johnson , Partner email vCard

Tyler brings over a dozen years of experience in multifamily brokerage to HFO. His extensive network of clients includes some of the country's largest institutional and private equity ownership groups. Prior to joining HFO, Tyler was a top producing broker with the country's largest investment real estate firm, where he consistently delivered results for his clients and outpaced his peers.  Investors across the country remain loyal to Tyler due to his client-service philosophy, ability to navigate complex transactions with ease, and relentless work ethic. These traits can be traced back to his youth where he was the recipient of the Eagle Scout Award. Today, Tyler continues to serve his community through volunteer work as he serves on the Leadership Cabinet of Providence Hospital's Robert W. Franz Cancer Research Center. Tyler graduated with a Bachelor of Arts in Environmental Studies from the University of Oregon. You can reach Tyler directly at (971) 717-6336 or email him by clicking the email icon above.

Spencer Marona , Managing Director email vCard

Spencer joins the HFO team with 12 years of brokerage, sales and management experience. Most recently, Spencer was with the country's largest investment real estate firm managing sales, recruitment and training for offices in Seattle, Sacramento, Reno and Las Vegas. He also previously worked at, where he helped grow and lead a team of professionals to increase sales from $16 million to more than $100 million in less than 18 months. Spencer oversees HFO’s company strategy and execution of the firm's short - and long-term objectives. Spencer graduated from the University of Washington, where he played football for the Huskies and was a member of the 2001 Rose Bowl Championship team. Spencer can be reached by phone at (503) 241-5541 or email him by clicking the email icon above.

Trevor T. Calton , Senior Broker, MBA email vCard

Trevor Calton has worked in commercial real estate & mortgage banking since 1997, and is regarded as one of Portland's top commercial real estate investment advisors. In addition to his brokerage and lending experience, Trevor also oversaw the management of over 6,000 affordable housing units as the Assistant Director of Asset Management for the Housing Authority of Portland. In addition to being part of the HFO team, he is a real estate finance professor at Portland State. Trevor can be reached by phone at (971) 717-6345 or email him by clicking the email icon above.

Jack Stephens , Broker email vCard

Jack has five years of experience in multifamily investment real estate. In 2013, Jack was recruited from a national commercial real estate firm to join HFO as a research analyst before transitioning into brokerage. Jack has had the fortunate experience of being mentored by HFO partners, Tyler Johnson and Greg Frick among other senior team members. Having grown up in NE Portland and graduated from the University of Oregon, Jack draws upon his first-hand knowledge of the metro area to educate clients on the region and sub-markets within it. Jack's avid attention to detail and thirst for knowledge have enabled him to consistently deliver results for his clients. Jack can be reached by phone directly at (971) 717-6344 or by clicking email icon above. 

Lee Fehrenbacher , Broker email vCard

For nearly five years, Lee has been following the commercial real estate market closer than most local experts. Prior to joining HFO, he was a reporter for the Daily Journal of Commerce, where he wrote hundreds of articles on Portland's real estate market. In addition to his research and writing capabilities, he is skilled in multifamily property valuation and real estate finance. His encyclopedic knowledge of the multifamily development pipeline is put to good use for all of HFO’s clients. Lee can be reached by phone at (971) 717-6346 or email him by clicking the email icon above.

Tyson Cross , Broker email vCard

The HFO team added a new dimension with the successful recruitment of Tyson Cross. After co-founding his own successful company, Tyson followed his passion into commercial real estate where he was a property manager for Cassidy Turley, overseeing a portfolio of 10 medical office buildings totaling 350,000 square feet. Tyson’s experience in commercial property operations, finance, project management, and negotiations offers a solid skill set that translates well to brokerage. Tyson can be reached by phone at (971) 717-6347 or email him by clicking the email icon above.

Cody Vaz , Broker email vCard

Prior to joining HFO, Cody was a top producer in the wine sales industry. Out of college, he was selected to be a member of E&J Gallo's Management Development program, one of the most competitive and reputable professional development programs in the country. Cody’s communication skills, attention to detail and team-oriented attitude raise the bar in providing superior service to HFO’s clients. Cody is a graduate of Oregon State University, where he was a four-year letterman on the football team. Cody can be reached by phone directly at (971) 717-6348 or by clicking email icon above. 

Krista Clarkson , Transaction Coordinator email vCard

Krista has over six years of client-focused experience in the commercial real estate, health, and financial/banking industries. After wearing many successful hats as an office manager and making the jobs easier for those around her, Krista was promoted to Transaction Coordinator in early 2015, where she will focus primarily on compliance and contract review.  Krista attended Western Oregon University where she graduated with a degree in dance and a minor in entrepreneurship. Translation: "not only is she entertaining, but she's smart!" Krista can be reached by phone at (971) 717-6342 or email her by clicking on the email icon above.

Mary Beth Christopher , Sr. Director of Underwriting email vCard

Mary Beth has more than 19 years of experience in the industry. After handling underwriting, evaluations and transactions coordination for more than 17,000 apartments in Oregon & SW Washington, Mary Beth joined Affinity Management where she worked closely with portfolio managers to help streamline day-to-day operations. At HFO, she brings her talents in apartment property financial analysis and research to the team, delving deep into the numbers and finding the unique story behind every property. Mary Beth can be reached by phone at (971) 717-6341 or email her by clicking the email icon above.

Matt Klemsz , Underwriter/Analyst email vCard

Matt is a recent graduate of the University of Portland with a Bachelor of Business Administration in Finance. Most recently, Matt worked as an investment analyst intern for Bohemian Asset Management in Vancouver, Washington where he focused on underwriting multifamily properties. In his spare time, Matt has volunteered with SMART (Start Making a Reader Today) and Friends of Trees, bringing people in the Portland/Vancouver metro area together to plant and care for city trees and green spaces. Matt can be contacted by calling (971) 717-6350 or via the email icon above. 

Matt Reynolds , Research Analyst email vCard

Matt has a sense of curiosity about the world that drive him towards wanting more data and facts. His attention to detail and question based thought process are traits that translate well into the research/analyst role. Matt is responsible for the management and data integrity of HFO's proprietery shared database. Reporting directly to the managing director, his role enables him to work with all HFO team members bringing value to each department. Before joining HFO, Matt assisted a Portland-area labor union with economic research. He graduated from Portland State with a B.A. in Economics, with an emphasis on Statistics and a minor in Music. Matt can be reached by phone at (971) 717-6349 or email him by clicking the email icon above.

Aaron Kirk Douglas , Sr. Director of Marketing, Chief Customer Officer email vCard

Aaron uses his 17 years of marketing experience in creating and managing all our property marketing programs along with planning and executing our communications and events including HFO-TV. He has earned national marketing awards for his work at HFO, Miller Nash, and Barran Liebman law firms. Aaron serves on the board of Big Brothers/Big Sisters Columbia Northwest, recently voted by Oregon CEO's as the state's most admired nonprofit. He is a graduate of the University of Oregon school of Journalism and has a paralegal degree from Edmonds Community College. Aaron can be reached by phone directly at (971) 717-6337 or via the above email icon.

Tien Nguyen , Graphic Designer email vCard

As HFO's full-time in-house graphic designer, Tien Nguyen puts his talent to work for HFO clients every day. He previously spent eight years as the lead designer for Ankrom Moisan Architects. In his work, Tien supported architects and interior designers with presentations, photo retouching, renderings and collateral materials from design concept through construction. His work required preparing marketing materials ranging from print proposals and brochures to architectural models and interactive web design. Tien's love of architecture and his ability to bring out a building's best qualities are evident in all his work. Tien can be contacted by clicking on the email icon above. 

Todd Tully , Broker Assistant email vCard

Todd has five years of experience in commercial real estate. His work in retail and multifamily areas has included a wide variety of assignments including research, construction administration, and safety compliance. Most recently Todd was Construction Manager for Metropolitan Land Group. Todd earned his B.S. in Organizational Communications from the University of Portland. Todd can be contacted by calling (971) 717-6351 or clicking on the email icon above. 

Featured Article
2014 Portland Metro U.S. Apartment Vacancies End At Nation's 5th Lowest
February 23, 2015
by HFO Research

HFO Investment Real Estate LLC
2424 SE 11th Ave
Portland, Oregon 97214
Phone: 503.241.5541
Fax: 503.241.5548

The Bayshore - $4,950,000
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Bruce Forcum, Portland, OR