John M. Stern

My Approach

I generally work on two types of real estate projects.  In one facet of my practice, I assist my clients in using federal and state tax credits to develop affordable housing and to adaptively reuse historic buildings.  Many of these projects have multiple – sometimes ten or more – financing sources. Developing a project that satisfies the requirements of all of these funders can be a challenge, but I enjoy working with my clients and their funders to meet everyone’s goals for the project.

On the other side, I also help clients develop multifamily housing, and senior housing, and mixed-use developments that include residential, hotel, office, and/or retail space. These projects could be the anchor of a new downtown neighborhood, or could be central to the redevelopment efforts of a blighted area in a community.  These projects often are not feasible without state or local incentives, and I work with my clients to structure these deals in a manner that maximizes the efficient use of these scarce resources.