CRE N Illinois

Martin Stern: Making an impact in real estate and in his community

Martin Stern has made a significant impact not only on the commercial real estate industry but in his community. During the course of a career that started in 1969, Stern has earned the respect of his industry peers and thanks from a wide variety of neighborhood and charitable organizations.

[caption id="attachment_11027" align="alignleft" width="199" caption="Martin Stern"] Martin Stern Executive Vice President and Managing Director U.S. Equities Realty Chicago

Martin Stern has made a significant impact not only on the commercial real estate industry but in his community. During the course of a career that started in 1969, Stern has earned the respect of his industry peers and thanks from a wide variety of neighborhood and charitable organizations.

As executive vice president and managing director with Chicago's U.S. Equities Realty, Stern heads the company's Real Estate Advisory Services Group and is involved in key development and transaction assignments. This important group within U.S. Equities helps municipalities, institutions and not-for-profits, as well as corporations, developers and owners, in their efforts to create viable real estate strategies.

Stern's peers say that he brings the lessons he learned from his background in corporate real estate, development, negotiations and finance to analyze transactions from multiple perspectives and to structure them so that all parties involved in deals leave satisfied.

Stern has amassed a long list of loyal clients during his real estate career. Recent clients include the City of Chicago, Chicago Mercantile Exchange Trust, Crate and Barrel, Columbia College Chicago, YMCA of the USA and the Chicago Board of Education. He's also represented Children's Memorial Hospital and Sinai Health System.

Before joining U.S. Equities, Stern worked as 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 major developments were office buildings in West Los Angeles and suburban San Francisco and the Westin River North in 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