Howard Stern is the founder and principal of Stern & Associates, LLC a full service real estate advisory and consulting firm. Current and past clients include a commercial real estate investment trust (REIT) with a $2.5 billion market capitalization; an ultra-high net worth/family office landlord with real estate holdings in excess of $1 billion and private/institutional real estate owners. Advisory services include all aspects of asset disposition strategy and execution; project redevelopment/repositioning; value enhancement/leasing activities; and media and entertainment production studio and creative office operations. Notable transactions and assignments include a $100+ million, 1 million square foot biomed/office campus and development in Valencia, CA; a $200+ million media & entertainment/creative office campus in Hollywood, CA; a $20 million medical office building/development project in Florida; a 300-acre single-family residential and commercial development in Montana; and a $16 million Class A state-of-the-art biomedical facility in Valencia, CA.
Prior to forming his own firm in July 2014, Mr. Stern served as President and director of Hudson Pacific Properties, a premier California-based office REIT from June 2010 to January 2014. Mr. Stern co-founded the predecessor Company Hudson Capital, LLC in 2006 and successfully took the Company public in 2010. In his role as President and Member of the Board of Directors, Mr. Stern oversaw such aspects as operations, leasing, development and acquisitions; and was instrumental in the Company’s operating and geographic growth which at the time of his departure encompassed approximately 6.5 million square feet in Northern and Southern California as well as the Pacific Northwest. As part of his responsibilities, Mr. Stern also acted as President of the Company’s Sunset Gower and Sunset Bronson media and entertainment properties in Hollywood where he lead the daily operations of 23 production sound stages and over approximately 650,000 square feet of office production and support space catering to media content providers. Mr. Stern can also be credited for the successful consummation of the Company’s key lease transactions such as the 284,000 square foot Riot Games transaction ($370 million) at Element LA as well as the 320,000 square foot and 230,000 square foot Square and Salesforce lease transactions respectively, in San Francisco.
Before joining Hudson Capital, LLC, Mr. Stern served as Chief Investment Officer for Arden Realty, Inc., a twenty million square foot Southern California REIT that was sold to GE Capital in 2006. In the role as CIO, Howard was responsible for all facets of the Company’s acquisition, disposition and structured finance activities. Other roles at Arden Realty included First Vice President of Operations and Leasing and Vice President of Strategic Planning where he was responsible for spearheading all Asset Management functions. Prior to his tenure at Arden Realty, Inc., Mr. Stern spent five years as Vice President of the Archon Group, a subsidiary of Goldman, Sachs & Co., where he was responsible for leading all Western Region mezzanine financing and real estate asset management activities.
Mr. Stern is a graduate of the University of California, Berkeley with a Bachelor of Arts degree in Political Economy and he has a Masters of Business Administration degree from the University of Southern California. Mr. Stern is an active member of the Office Development Council at the Urban Land Institute as well as a regular speaker at numerous real estate industry organizations such as NAIOP, RealShare and Bisnow and Family Office events.