HFL Corporation is a family-owned and operated, full-service real estate company. HFL specializes in the development of multi-family, hospitality and commercial properties in the Commonwealth.  HFL has developed over 30  projects in Central Pennsylvania and has also added value to its portfolio though strategic acquisitions.  HFL was founded in 1962 and was responsible for the construction of the first student housing building in State College.

HFL has not only enjoyed sharing its success with its shareholders but has been a generous supporter of the community.  Our company has participated and hosted many events which have benefited the non-profits in the area and is a supporter of many organization in the Centre region. 

HFL has a staff of talented and hard working employees. The second generation of family members are active in the business. 


Fred Sahakian


Ara Kervandjian

Executive Vice President 

Vice President of Operations

Troy Knecht

Lara Sahakian

Vice President, Project Manager

Vice President, Realtor

Donna Weaver

Brian McCulley

Vice President of Finance and Controller

Accounting Manager

Mike Szczesny

Keriann Smith

Executive Director of Sales 

Director of Sales