Bruce P. Gerhart opened Love Funding’s Cleveland office in 2001 as a commercial loan originator. In 2007 he was promoted to regional director. In this capacity he oversees and originates multifamily, affordable and healthcare loans as well as the overall business development and support for Love Funding’s operations in the upper Midwest. He has over 35 years of experience in the real estate and banking industry.
Bruce is charged with building upon the firm’s success in the Midwest, thus far achieved through a commitment to creative solutions, excellent service and a comprehensive understanding of the upper Midwest markets. In his current position, Bruce focuses on maintaining existing relationships, expanding coverage of other segments of real estate finance and offering additional products to enable more tailored financing solutions for the firm’s clients. Some of those additional products have included Low Income Housing Tax Credits, Historic Credits, state and local funding and numerous tax abatements and subsidies.
Prior to joining Love Funding, Bruce served as Midwest regional director of Capital Markets Finance for GE Capital Real Estate in Chicago and as senior vice president for Provident Bank in Cleveland, Ohio. Earlier in his career, Bruce served the city of Joliet, Illinois, in economic and community development. He later worked in affordable housing development for Burnham Development of Chicago and served as president of Burnham Securities.