Thayer credits his many years as an apartment broker, and later as the sales manager of a large multifamily brokerage firm, for irreplaceable knowledge gained while observing the successes and failures of the firm’s clients. Over the years, his most successful clients were always those who acquired and renovated well-located, older properties. Armed with this knowledge, Thayer founded Thayer Residential Inc. in 1981 with the sole focus on value-add apartment investing.
Since then, Thayer’s partnerships (including those sponsored by Thayer Manca Residential since 2013) have successfully acquired, repositioned and resold properties totaling more than half a billion dollars in a variety of locations from Alaska to Texas in booming economies and in deep recessions. To date, the firm’s partnerships have received pre-tax profits of more than $89,000,000* without a single capital loss.
Bruce is a Seattle native and an avid outdoorsman. Past and present interests include; mountaineering, martial arts, pocket billiards, writing and numismatics. Bruce and Connie Thayer have been married for 38 years and live in Bellevue, Washington. They are blessed with two children and two grandchildren.