Field Stern
VP – Acquisitions
Redwood Capital Group
Mr. Stern joined Redwood Capital Group in 2017 and brings 15 years of multifamily real estate experience. In addition to helping oversee the Investments team, as a Managing Director in the Investments group and the Head of Capital Markets, Mr. Stern’s chief responsibility is overseeing the company’s capital markets activity, with an initial focus on the oversight of Redwood’s equity fundraising initiatives with institutional, high-net worth and family office clients. Additionally, Mr. Stern continues to have some acquisition responsibilities sourcing, negotiating, and managing new real estate investments.
Prior to joining Redwood Capital Group, Mr. Stern spent just over 11 years at Chicago-based Waterton—a vertically integrated real estate owner and operator with a focus on U.S. multifamily apartments and hospitality properties. At Waterton, Mr. Stern oversaw all multifamily dispositions and is credited with having created the disposition process at Waterton. He was primarily responsible for engaging brokers and managing the broker opinion-of-value process, facilitating the marketing process, overseeing the buyer diligence process, contract negotiations and closing procedures. In his tenure at Waterton, Mr. Stern successfully transacted the disposition of over $3 billion in multifamily investments nationwide. Prior to joining Waterton, Mr. Stern worked as an acquisitions analyst for Crescent Heights.
Mr. Stern graduated from the University of Colorado Boulder in 2006 with a Bachelor’s Degree in Finance from the Leeds School of Business. Mr. Stern subsequently earned a Master’s in Business Administration from the Kellstadt Graduate School of Business at DePaul University with a dual concentration in Real Estate Finance & Investment and Entrepreneurship in 2012.
Mr. Stern is the 2021 Vice Chair of the National Multifamily Housing Council (“NMHC”) Emerging Leaders Committee.