BWE Investment Sales – Austin Appoints New VP to Focus on Affordable Housing Sector

BWE Investment Sales, LLC., announced today that Michael Furrow has been hired as vice president and will focus on the group’s national affordable housing platform. Furrow has more than ten years of experience in the Low-Income Housing Tax Credit (LIHTC) industry and specializes in multi-housing transactions. He will be based in the Austin, TX office.

BWE Investment Sales LLC is a separate legal entity working with Bellwether Enterprise (BWE) to offer real estate investors an all-inclusive Investment Sales platform. Headquartered in Cleveland, Ohio, BWE Investment Sales focuses on commercial real estate properties across the country. With over five decades of collective experience on the principal and brokerage side of the business, the team has prolific experience within the multifamily sector, including disposition and acquisition of all types of apartments, including Class-A new development, traditional value-add, and Section 42 LIHTC.

“We’re proud to welcome Michael as the latest addition to our new Investment Sales group,” said David Roth, EVP of BWE Investment Sales. “Michael’s years of experience in multi-family housing and with LIHTC deals give him a unique perspective, which will prove invaluable to our team.”

Before joining BWE Investment Sales, Furrow was a director in the Austin office of JLL Capital Markets, Americas, where he also spearheaded the creation of the Affordable Housing Investment Sales division in 2018. During his time at JLL, Furrow was involved in $3 billion in multi-housing transactions nationwide. Additionally, Furrow previously held roles with Wentwood Capital, UBS Investment Bank in London and Picerne Development in LIHTC management and analyst capacities.

“I am excited to be joining the Investment Sales group, where David Roth and his team have already created a strong foundation and hit the ground running,” said Furrow. “I look forward to being a part of both the team and Bellwether Enterprise’s growth in this area across the country.”

Furrow earned a Bachelor of Science degree in finance and real estate from Florida State University, as well as a Postgraduate Certificate in international business from St. Mary’s University in London. He has been a member of the real estate committee for Foundation Communities, an Austin based non-profit affordable housing developer, since 2016.