Kenneth R. Bernice
- Managing Director
- Corporate Finance
- T: +1 973 951 1298
- F: +1 646 632 3893
- 750 Third Avenue
- 27th Floor
- New York, NY, 10017
- United States
- T: +1 646 632 3800
- F: +1 646 632 3893
- B.A., Accounting, William Paterson University
- American Institute of Certified Public Accountants (AICPA)
- National Association of Real Estate Investment Trusts (Nareit)
- Real Estate
Kenneth Bernice specializes in tax structuring and advisory, inbound and outbound real estate investments, tax due diligence, and compliance matters for public and private Real Estate Investments Trusts (REITS), real estate funds, and real estate companies.
With more than 20 years of experience specializing in real estate tax, Mr. Bernice has a broad expertise in many segments of real estate, including hospitality, healthcare, industrial, office and multifamily REITs and funds. He also has extensive experience advising mortgage REITS on structured debt investments, debt workouts, securitizations, and excess inclusion income.
Additionally, Mr. Bernice’s experience includes structuring inbound and outbound transactions, M&A transactions, asset management companies, transfer pricing, RIDEA tax structures, acquisition and disposition due diligence, REIT qualification due diligence, opportunity zones, public company SOX requirements, tax accounting matters and ASC 740 income tax provisions.
Prior to re-joining FTI Consulting, Mr. Bernice was the Senior Vice President of Tax for NorthStar Realty Finance where he led their tax department. While at NorthStar Realty Finance, he assisted in the structuring of NorthStar Realty Finance’s spin-off of NorthStar Asset Management Group, he structured the taxable spin-off of NorthStar Realty Europe, the tri-party merger of NorthStar Realty Finance, NorthStar Asset Management Group and Colony Capital, as well as Colony Credit Real Estate’s spin-off from Colony Capital. Mr. Bernice was responsible for structuring the acquisitions of over $25 billion in equity and debt transactions during his tenure with the company.