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
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