Related Beal, the Boston-based affiliate of Related Companies, today announced that Kimberly Sherman Stamler has been named president. In this role, she will be responsible for the overall management of the firm, and will lead the company in its pursuit of new development and deal opportunities and in all financing activities across the Boston business units. She will continue to work closely with Related Beal chairman, Bruce Beal Sr. Ms. Sherman Stamler joined Related Beal in August of 2014 as chief operating officer after working in Related’s New York City office since 1999.
Bruce Beal Sr., chairman of Related Beal, said, “Over the past year, Kim has shown great leadership as we have continued to grow as a company. She has steered several new complex transactions in Boston to the finish line and, working together, we have added new talent in all areas to support our expanding platform. Kim has been working closely with the Related Beal team for over a decade, shares our vision for the future and I am confident she will excel in this new role as she takes on this leadership role of the company.”
Kimberly Sherman Stamler said, “I am proud that we are currently undertaking some of the most exciting developments in Boston and I look forward to continuing to work with all of our public and private sector partners to positively impact our city. I am thrilled to work with our talented Related Beal team as we embark on these developments.”
Ms. Sherman Stamler will also continue to work closely with Related CEO Jeff Blau and Related President Bruce Beal Jr. as the platform expands. Bruce Beal Jr., president of Related Companies, said, “Kim has been a tremendous asset to both Related and Related Beal and we are extremely pleased to have Kim in this new leadership role. She has extraordinary abilities and is a strategic thinker and will ensure we continue the great legacy of Related Beal in Boston.”
Ms. Sherman Stamler has 17 years of senior real estate experience. In her previous roles at Related Beal and Related, Kim worked with the Related Beal platform in conceptualizing and financing Parcel 1B, Boston’s largest affordable housing development in 25 years, the Quinzani Bakery site acquisition in the South End and the execution and management of Related Fund Management deals including The Arlington in the Back Bay.
Throughout her career she has been responsible for over $2 billion in development in virtually every sector of the real estate industry—acquisitions, financing and development execution, with oversight on leasing, marketing and sales. 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 Stamler joined Related Companies in 1999 and was previously responsible for overseeing Related’s 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.
Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all assets classes and storied local experience in life sciences, commercial and residential development, property management and real estate investments. 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, Congress Square and the Quinzani Bakery site in the South End. Related Beal has also expanded is its platform to include the pursuit of affordable housing opportunities. For more information on Related Beal, please visit www.relatedbeal.com.
**For Kimberly Sherman Stamler’s corporate headshot in high resolution, please email communications@Related.com.