JLL Capital Markets announced that Mark Stern has joined the firm as a managing director in its Chicago office. Stern will be an integral part of the growing Midwest multi-housing team where he will focus on investment advisory transactions across the entire Midwest region.
Stern has more than 20 years of commercial real estate industry experience and joins JLL from a private investment advisory firm where he led the real estate acquisitions team. Prior to that, he led several teams at Waterton, a leading real estate investing and property management company, where he most recently served as the senior vice president of acquisitions.
He has extensive experience sourcing acquisitions for these firms and has been personally involved in securing more than $2 billion of acquisitions throughout his career. Stern is an active member of the Urban Land Institute’s Multifamily Green Council and serves as the Membership Chair. Stern received his bachelors’ degree in Political Economy at The Colorado College.
“We are excited to welcome Mark to our Midwest multi-housing team,” Matthew Lawton, executive managing director, JLL Capital Markets said. “He brings a deep knowledge base to our existing team and will be a critical component to the continued growth of our already dominant market share.”