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Bruce P. Gerhart


Regional Director
 | Cleveland

Bruce Gerhart

Mr. Gerhart opened Love Funding’s Cleveland office in 2001 as 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.

Mr. Gerhart 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, Mr. Gerhart 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, Mr. Gerhart 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, Mr. Gerhart served the City of Joliet, Illinois, in Economic and Community Development, and later worked in affordable housing development for Burnham Development of Chicago and was also President of Burnham Securities.

Sample List of Closings

Project Name State Loan Amount Loan Type Financing
Appledorn Living Center Michigan $5,213,100 Healthcare 232/223(a)(7)
Woodlawn Meadows Retirement Village Michigan $2,981,500 Healthcare 232/223(a)(7)
Gran Signora Manor Apartments Ohio $1,626,800 Affordable 202/223(f)
Seminole Shores Living Center Michigan $4,915,700 Healthcare 232/223(a)(7)
Ludington Woods Living Center Michigan $3,375,500 Healthcare 232/223(a)(7)
Edgewood Living Center Michigan $3,405,700 Healthcare 232/223(a)(7)
Linden Lane Apartments Michigan $2,824,000 Affordable 223(f)
Rolling Meadows Skilled Nursing Facility Pennsylvania $5,304,000 Healthcare 232/223(f)
Wildwood Apartment Homes Michigan $6,323,000 Affordable 221(d)(4)
Countryside Retirement Community Michigan $15,833,300 Multifamily 223(f)
American House – Lakeside II Michigan $7,575,500 Affordable 221(d)(4)
American House – Lakeside I Michigan $8,332,600 Affordable 221(d)(4)
American House – Oakland Michigan $14,467,200 Affordable 221(d)(4)
American House – Hazel Park Michigan $11,502,300 Affordable 221(d)(4)
Cambrian of Tecumseh Michigan $4,986,000 Healthcare 232/223(f)
Mallard Pond Apartments II Michigan $3,496,400 Multifamily 221(d)(4)
Briarwood Apartments Michigan $4,028,700 Multifamily 223(f)
Pinewood Place & Pinewood Apartments Michigan $2,700,000 Affordable 223(f)
Harvard Oaks Townhomes Michigan $6,388,700 Multifamily 223(f)
Dogwood Forest of Dunwoody Georgia $7,958,400 Healthcare 232/223(f)
Sterling Lake Apartments Michigan $7,327,000 Multifamily 223(f)
Grandhaven Living Center Michigan $6,981,100 Healthcare 232/223(f)
Railside Living Center Michigan $5,418,100 Healthcare 232/223(f)
Appledorn Living Center III Michigan $3,925,100 Healthcare 241(a)
Eden Heights of Eden New York $4,900,000 Healthcare 232/223(f)
Washington Woods Michigan $457,000 Affordable 202/223(f)
Morton Manor Apartments Michigan $5,961,900 Affordable 202/223(f)
Woodlawn Meadows Michigan $2,981,500 Healthcare 232/223(f)
Elmdale Apartments Michigan $704,800 Affordable 202/223(f)
Villa Esperanza Apartments Michigan $1,403,600 Affordable 202/223(f)
Capital Gardens Michigan $927,100 Affordable 202/223(f)
Village at Arborwood Indiana $9,690,800 Multifamily 221(d)(4)
Westchester Village Michigan $5,918,400 Affordable 223(f)
Cedar Park Senior Housing Michigan $1,036,500 Affordable 202/223(f)
Spring Valley Apartments Michigan $1,174,500 Affordable 202/223(f)
North Washington Park Manor Illinois $3,160,700 Affordable 202/223(f)
Veterans Villa Ohio $1,139,400 Affordable 202/223(f)
Independence Square Michigan $1,104,000 Affordable 202/223(f)
Cleveland Manor Michigan $2,365,400 Affordable 202/223(f)
White Oaks Assisted Living Facility Michigan $2,810,200 Healthcare 232/223(f)
Mill Creek Meadows Michigan $1,007,900 Affordable 223(f)
Ludington Woods Michigan $3,375,500 Healthcare 232/223(f)
Tivoli Michigan $4,032,100 Affordable 202/223(f)
Evangelical Michigan $3,318,500 Affordable 202/223(f)
Ukrainian Village Michigan $6,049,900 Affordable 202/223(f)
LSS Wisconsin Portfolio Wisconsin $4,827,600 Affordable 202/223(f)
Edgewood Village Apartments Michigan $4,200,700 Affordable 223(f)
Pioneer Arbour Michigan $707,600 Affordable 202/223(f)
Appledorn Living Center Michigan $5,256,600 Healthcare 232/223(f)
Hillview Townhouses Michigan $3,430,600 Affordable 223(f)
Amherst Village Ohio $2,334,000 Affordable M2M
Vistula Heritage II Ohio $1,824,000 Affordable M2M
Erie Square Ohio $1,230,000 Affordable M2M
Hampton Court Ohio $276,000 Affordable M2M
Crestline Villa New York $193,000 Affordable M2M
Hilltop Village Ohio $433,000 Affordable M2M
Edgewood Michigan $3,561,500 Healthcare 232/223(f)
Seminole Shores Michigan $5,230,000 Healthcare 232/223(f)
Sheldon Meadows Michigan $5,333,400 Healthcare 232/223(f)