Berkadia Affordable, Investment Sales
Bruce Furniss is an accomplished and results-driven commercial real estate executive with extensive experience across all commercial and investment product types and asset classes. As a licensed California commercial real estate broker of 32 years, he has consummated over 150 commercial real estate transactions totaling more than $1.2 billion. Bruce has demonstrated particular expertise in and possesses comprehensive knowledge of affordable housing. As such, he is skilled in the use of both Tax-Exempt and Taxable Multi-Family Housing Bonds, Low Income Housing Tax Credits (LIHTC), numerous HUD subsidy and financing programs, as well as properties encumbered by a myriad of regulatory restrictions and tenant income covenants. He commands the skill, industry knowledge and proficiency within this sub-specialty to navigate and execute the sale or restructuring of these highly complex transactions. A Two-Time Olympic Swimming champion and father of four, Bruce is an active community volunteer, contributing time and money to numerous causes affecting youth development and physically challenged athletes.
Education & Certifications
- University of Southern California Annenberg School for Communication and Journalism, B.A., Public Relations/Marketing
Industry Specialization & Skills
- M-F CORE COMPETENCIES INCLUDE: *Conventional Market Rate Apartment Sales; *Affordable Housing including Properties with HUD Subsidies, LIHTC and Bond Structured Financing; *MFR and SFR Land *Adaptive Re-Use; *Senior Housing;
Awards & Notability
- 1976 Double Olympic Gold Medalist - Swimming
- 10-Time Swimming World Record Holder
- 2004 NCAA Silver Anniversary Award Recipient
- One of 26 Male Swimmers Named to USA Swimming's Swim Team of the 20th Century
- One of 32 Athletes Named to the PAC 12 Conference's All-Century Men's Swimming and Diving Team
- International Swimming Hall of Fame, Orange County Sports Hall of Fame, and USC Sports Hall of Fame Inductee