RE Seminar: Martin Stern
Date: Thursday, April 22, 2010
Time: 4:30-6:30 with reception to follow
Where: 198 Beck Center
Attire: Business
The Cornell Real Estate Industry Seminar welcomes Martin Stern, BS ’68, EVP and Managing Director of U.S. Equities Realty, to campus as the featured speaker on Thursday, April 22, 2010.
As a partner at U.S. Equities Realty, Martin Stern heads the Real Estate Consulting Group, and is involved in key development and transaction assignments. The group assists municipalities, institutions, and not-for-profits as well as corporations, developers and owners, creating viable real estate strategies and following through on their implementation. Stern uses his background in corporate real estate, development, negotiations and finance to analyze situations from multiple perspectives and structure transactions that achieve the goals of all parties. Among his recent clients are the City of Chicago, LaSalle Bank, the Episcopal Diocese of Chicago, Crate and Barrel, Columbia College, the YMCA of the USA, the Chicago Board of Education, Children’s Memorial Hospital and Mt. Sinai Hospital.
Prior to joining U.S. Equities in 1988, Stern was a development officer for Rubloff, Inc. and Vice President for Finance and Special Projects at Tishman Realty Corp., serving as the principal development officer and regional financial officer for the firm’s Chicago and Los Angeles branches. Among his developments were office buildings in West Los Angeles and suburban San Francisco and the Westin River North (formerly Hotel Nikko Chicago).
Stern began his business career in 1969 with Amoco Corporation where he held a series of finance and real estate positions. As head of finance and administrative functions for Amoco Realty Co., he developed, analyzed, financed and monitored all capital investment proposals. By the early 1980s, Stern was responsible for determining Amoco’s short- and long-term corporate space needs, as well as for major lease negotiations.
Long active in community affairs, Stern helped to establish Amoco Neighborhood Development Corp., and conceived and implemented, in partnership with RESCORP, the Northpoint neighborhood revitalization in Chicago’s Rogers Park community, a public/private partnership that received the 1988 Urban Land Institute’s Award for Excellence for Rehabilitation. He is an active member of the Advisory Board of the Program in Real Estate at Cornell University and a long standing member of the Cornell Real Estate Council.
Stern received a Bachelor of Science degree in industrial engineering and operations research from Cornell University, and an MBA in finance from the University of Chicago. He has been honored by the Chicago Urban League Development Corporation with its “Beautiful People” award and most recently by the Chicago chapter of Lambda Alpha with its Lifetime Achievement Award for Community Service.