Related Beal today announced that Kimberly Sherman Stamler has been named chief operating officer beginning August, 2014. Ms. Sherman Stamler will lead the overall management of the firm including oversight of deal execution, new business and financing activities across all Boston business platforms. In this new role, she will work closely with Chairman Bruce Beal Sr. and President Robert Beal along with Executive Vice Presidents Steve Faber and Peter Spellios.
Ms. Sherman Stamler currently serves as a senior vice president at Related Companies in New York where she oversees developments in New York and Boston and works collaboratively with Related’s executive management team overseeing certain operating divisions.
Bruce Beal Sr., chairman of Related Beal, said, “We are thrilled Kimberly is formally joining the team. She has been intimately involved with Related’s pursuits in Boston for over a decade and brings a wealth of real estate experience across various asset classes. Kim is the ideal fit to help write the next chapter of growth for Related Beal as we continue to diversify and execute on current and future deals.”
Kimberly Sherman Stamler said, “I am proud to be formally joining Related Beal in this key role after working closely with the entire team for over 10 years. I look forward to expanding the Related platform into new markets and new segments.”
Jeff Blau, CEO of Related Companies, said, “We are excited to have Kim in this new leadership role at Related Beal. She has been a tremendous asset to the Related organization in her 15 years in New York and we look forward to Kim helping spearhead our strong team in Boston.”
Ms. Sherman Stamler will continue to work closely with Related CEO Jeff Blau and Related President Bruce Beal Jr. as the platform expands. Ms. Sherman Stamler has 15 years of senior real estate experience and has been responsible for over $1 billion in development in virtually every sector of the real estate industry—acquisitions, financing, development execution, leasing, marketing and sales. She has been involved in execution and management of fund deals including The Arlington in the Back Bay.
Ms. Sherman Stamler graduated cum laude with a Bachelor of Arts degree from The University of Pennsylvania with a major in Urban Studies. Ms. Sherman is a PENCIL partner with the NYC Public Schools, sits on the board of Nontraditional employment for Women (NEW) and is a David Rockefeller fellow through the Partnership for NYC. Ms. Sherman Stamler joined Related Companies in 1999. She is currently responsible for overseeing the residential operating portfolio including the retail within Related’s buildings.
In partnership with Hudson Companies, Ms. Sherman Stamler has been responsible for the development of five buildings at Riverwalk on Roosevelt Island as well as for the evolution of this 19-acre site to a community, adding new park space and local and national retailers. Ms. Sherman Stamler previously worked on the expansion of Related into Chicago and was the development executive on The Clarendon and One Back Bay in Boston, beginning her work on that project in 2003.
About Related Beal:
Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local experience in life sciences, commercial and residential development, property management and investment. Related Beal has developed and is undertaking the development of some of the most recognized buildings in the area including The Clarendon and One Back Bay, The Block on Congress, Lovejoy Wharf and Converse’s U.S. headquarters. Related Beal recently expanded is its platform to include the pursuit of affordable housing opportunities. For more information on Related Beal, please visit www.relatedbeal.com.