SEATTLE (October 1, 2019) — Real estate investment and operating firm Unico Properties LLC, a subsidiary of Unico Investment Group LLC, formally announced today that Bruce Snyder was named Chief Financial Officer (CFO). As a member of Unico’s executive leadership team, Snyder will focus on operations, shareholder relations, and executing investment strategies for the company. He will oversee the company’s finance, accounting, and corporate compliance departments.
“Bruce’s impressive 35-year track record and breadth of experience across so many sectors of the real estate industry mark a great addition to our executive leadership team,” said Unico President Jonas Sylvester. “We are thrilled to add his perspective and knowledge to the business as Unico continues to grow.”
Snyder spent over 35 years leading finance, development, and operating teams in the real estate industry across large and midsized public and private corporations. Having overseen corporate performance in ownership structures ranging from family-owned businesses to private equity-owned portfolio companies, Snyder has a broad understanding of both the quantitative and quality dynamics of management. Snyder’s experience include leading the development of the 4,000-acre Daybreak master-planned community in Salt Lake City and the creation of the Brightline rail line in South Florida, the first privately-funded high-speed rail line in the United States. Recently, he served as CFO for the Qiddiya Investment Company, a wholly-owned closed joint-stock company of the Kingdom of Saudi Arabia’s Public Investment Fund (PIF), leading the finance team to support the creation of Saudi Arabia’s 95,000-acre Qiddiya mixed-use megaproject.
“Having worked with a number of great companies over the years, Unico’s legacy as a best-in-class mixed-use urban developer, proven commitment to sustainability, and overall team culture are what attracted me to the company,” said Snyder. “Also important is Unico’s continued focus on expanding its business in the country’s highest-growth markets. I look forward to being a part of this group and to contribute to its legacy.”
Founded in 1953, Unico is a private equity real estate investment company with more than $4.5 billion in assets under management comprising of more than 18 million square feet of primarily office and multifamily properties in dynamic markets throughout the United States. Since 1996, Unico has sponsored over 55 investment vehicles including discretionary institutional funds, joint-ventures, and private high net worth funds. Unico’s investments span the risk spectrum on core, core plus, value-add, and development, with a strategic focus on growth markets in the United States, including Seattle, Portland, Denver, Boulder, Austin, Salt Lake City, and most recently Nashville.
Snyder is a committed community contributor with involvement in numerous initiatives over the course of his career with a special focus on combating chronic homelessness and developing affordable, low-cost housing for at-risk populations. During his time in Salt Lake City and Miami, he volunteered with Habitat for Humanity and CarrFour Affordable Housing, organizations focused on providing affordable housing. While living and working in South Africa, Snyder led the effort to implement the Broad-Based Black Economic Empowerment transaction in the Palabora community which lead to investment in health and education facilities in the surrounding townships.
About Unico Properties LLC
Unico Properties LLC, a subsidiary of Unico Investment Group LLC, is a commercial real estate investor, developer, and full-service operator focused on office and multifamily assets in emerging markets throughout the United States. Founded in 1953, Unico has been transforming the built environment by creating innovative, people-focused building experiences through a cadre of subsidiary companies that deliver boutique expertise and institutional execution for its own accounts and select third-party clients. The private equity real estate investment firm currently owns and operates 18 million square feet of commercial properties across the United States and continues to grow.