Herman Bulls is President and CEO of Bulls Advisory Group, LLC, a management consulting and real estate advisory firm serving the needs of corporations, government entities and colleges and universities.Prior to forming the Bulls Advisory Group, LLC in September, 2001 Mr. Bulls served as the Chief Operating Officer of one of the nation’s largest and most active Fannie Mae Delegated Underwriting and Servicing (DUS) apartment lenders. He was responsible for all day to day operations including marketing, production, operations, servicing,
Herman Bulls is President and CEO of Bulls Advisory Group, LLC, a management consulting and real estate advisory firm serving the needs of corporations, government entities and colleges and universities.
Prior to forming the Bulls Advisory Group, LLC in September, 2001 Mr. Bulls served as the Chief Operating Officer of one of the nation’s largest and most active Fannie Mae Delegated Underwriting and Servicing (DUS) apartment lenders. He was responsible for all day to day operations including marketing, production, operations, servicing, and asset management. During his tenure he devised and implemented programs, which focused on developing a scalable platform for the firm’s future growth. Major accomplishments included major process improvements related to automation of core functions, revised marketing and branding programs, successful new product development for the institutional market and a revamped organizational structure and personnel management system. The portfolio increased from $3 billion to over $3.7 billion under his leadership and processing efficiencies of over 20% were achieved.
Prior to September 2000, Mr. Bulls was a Managing Director for Jones Lang LaSalle, an international full service real estate firm, where he led the firm’s Washington, DC corporate office. In over 11 years with the firm up to 2001, he worked in the areas of development, investment management and business development/retention. He founded and currently serves as CEO of the firm’s highly acclaimed Public Institutions Specialty, a practice focused on delivering integrated real estate solutions to government entities, nonprofit organizations, transportation facilities, and higher educational institutions. Major clients include the University of Pennsylvania, University of Miami, Port of Oakland, New York State Teachers’ Retirement System, USAA, Fannie Mae, Darden Restaurants, State of Tennessee, General Services Administration, Department of State and Department of the Army.
Prior to joining Jones Lang LaSalle, Mr. Bulls completed almost 12 years of active duty service with the United States Army. His duty assignments included working in the Office of the Assistant Secretary of the Army for Financial Management at the Pentagon and as an Assistant Professor of finance and economics in the Department of Social Sciences at West Point. He has completed the Army’s Airborne, Ranger and Command and General Staff College courses and served overseas in the Republic of Korea. He is a retired Colonel in the Army Reserves. His decorations include the Legion of Merit, Meritorious Service Medal with 2 Oak Leaf Clusters and Army Commendation Medal.
Mr. Bulls co-founded and served as President & CEO of Bulls Capital Partners, LLC, a multifamily financing company operating under the Fannie Mae Delegated Underwriting and Servicing (DUS) program. Limited partners in the firm over time included SunTrust Bank and Goldman Sachs. He sold the firm to an affiliate of Guggenheim Securities, Pillar Multifamily, in 2010.
He has also served as an expert witness on real estate matters in court as well as testified before congressional committees on privatization issues and public private partnerships.
Education and Affiliations
Mr. Bulls received a Bachelor of Science degree in engineering from the United States Military Academy at West Point and a MBA in finance from Harvard Business School. He is a member of the Executive Leadership Council, an organization of senior African American business executives from Fortune 500 companies, and previously served as Chairman of the Executive Leadership Foundation. Additional activities include the National Black MBA Association, The Real Estate Group of Washington D.C., Real Estate Executive Council, Vice Chair, West Point Association of Graduates, National Association of College and University Business Officers, Leadership Washington, and a founding member and former President of the African American Real Estate Professionals of Washington, D.C. He formerly served on the Chicago Title Insurance Metropolitan DC Advisory Board, Chair of the Fannie Mae National Housing Advisory Council and The John F. Kennedy Center for the Performing Arts Community and Friends Board. He is also a member of the Board of Directors of the Military Bowl, an NCAA-sanctioned college football bowl game played in the Nation’s capitol each December.
Mr. Bulls is an International Director at Jones Lang LaSalle, a member of the Real Estate Advisory Committee for New York State Teachers’ Retirement System, one of the largest pension funds in America. Mr. Bulls also serves on the board of directors of Comfort Systems, USA (NYSE:FIX), USAA, ITT Exelis and Rasmussen College, a for-profit education company.