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Transformation of Naples Real Estate Landscape

HF Firms and the Hoffmann family remain committed to Southwest Florida and can proceed to be considered one of the most important employers within the region, with over 2,000 employees. Hoffmann Business Real Estate, an element of the Hoffmann Family of Firms, has sold a portion of its downtown Naples real estate portfolio to M Development, a high-end company based in Aspen, Colorado. The terms of the sale of the 27 properties weren’t disclosed, and the deal was expected to be finalized on October sixteenth. In a news release, Hoffmann referred to it as a strategic move and the most important transaction within the family equity firm’s history. Following this transaction, HF Firms still own over 20 properties within the Naples area, including 10 industrial sites, Hertz Arena, Port O Call Marina, The Old Collier Golf Club, and greater than 1,000 acres of agricultural growing sites. HCRE first gained attention in October 2015 with its real estate acquisitions on Fifth Avenue South. In recent times, HF Firms’ investment strategy has expanded from primarily specializing in real estate to incorporate investments in businesses across nine additional sectors: agriculture, aviation, financial services, hospitality, industrial manufacturing, marine, media and marketing, skilled services, and transportation. “We take pride within the impact we now have made on Fifth Avenue South, which has develop into a world-class destination comparable to well-known avenues and boulevards world wide,” said Greg Hoffmann, principal and CEO of HCRE and co-CEO of HF Firms. “While it’s now time to pass on the ownership of a few of our local real estate holdings, we’re committed to increasing our impact through further investment in businesses in Southwest Florida and maintaining the ‘Hoffmann Standard’ across all of our holdings.” The investment philosophy of HF Firms centers around finding good firms, properties, and folks and helping to enhance the services they supply. In 2022-2023, HF Firms made 13 investments, including Linstol, a supplier of in-flight passenger products based in Naples, and the bolt-on MNH Sustainable Cabin Services. Other investments include Wayne Manufacturing, RMC Destination Management Company, JED Transportation, Shepler’s Mackinac Island Ferry, in addition to a variety of hospitality, marine, and media firms, including Florida Weekly. A complete of 27 properties in Naples were sold to M Development of Aspen, Colorado. “This transaction represents an exciting latest chapter for our firm to speculate in much more firms and management teams that share our values and culture of high performance,” said Geoff Hoffmann, co-CEO of HF Firms. “Southwest Florida has proven to be a world-class destination and can remain a vital a part of our portfolio.” “Naples has develop into our home, and we are usually not leaving town. Our real estate properties could also be highly visible, but they’re only a small a part of our overall family investment strategy and portfolio,” said David Hoffmann, founder and chairman of HF Firms. “Under Greg and Geoff’s leadership, HF Firms will proceed to speculate in Naples and Southwest Florida by acquiring latest businesses to hitch the Hoffmann Family of Firms as we expand our interests.” HF Firms currently owns and operates greater than 30 businesses in Southwest Florida. The brands throughout the Hoffmann Family of Firms are divided into 10 growing sectors: agriculture, aviation, financial services, hospitality, industrial manufacturing, marine, media and marketing, skilled services, real estate, and transportation. With over 115 national brands, the Hoffmann Family of Firms employs over 9,000 people across 250 locations in 30 countries. Their philosophy is to speculate in people first, then firms. Hoffmann Business Real Estate’s portfolio exceeds $1 billion and is rapidly growing. It consists of stabilized and value-added properties in strategic locations throughout the country, with ownership and operation of properties across Colorado, Florida, Illinois, Indiana, Michigan, Minnesota, Missouri, Tennessee, and Texas. In Southwest Florida, HF Firms own plenty of properties including 5 Star Valet, American Farms, Coral Cay Adventure Golf, Everglades Excursions, Florida Everblades, Florida Healthcare News, Florida Weekly, GlobalWorks, Hertz Arena, Hoffmann Creative Agency, Hoffmann Executive Suites, ifoundmydoctor.com, Kaleidoscope Home & Floral, Lark & Willow Events, Linstol, Marco Island Water Sports, Miss Naples, Mitch’s Cookies, Naples Beach Water Sports, Naples eBike Tours, Naples Princess, Naples Transportation & Tours – Naples Trolley Tours, Old Corkscrew Golf Club, Port O Call Marina, Regency Watersports, Segway of Naples, Stan’s Coffee & Food Service – Sunmaster of Naples, Inc., The Old Collier Golf Club, Tier Electric & EV, Titan Screen, Topiary Creations, and World Wide Farms.

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