Salem Realty Capital LLC - Executives
Andrew M. Sternlieb is the President and founder of SRC. He has been in the real estate investment banking and mortgage brokerage business since 1978. SRC, established in 1997, is the successor entity to Sternlieb Properties Inc. which began operations in October 1991
Andy was previously at Donaldson, Lufkin & Jenrette where he was responsible for originating new business opportunities and portfolios for the REIT and CMBS groups. Prior to that, he was a senior member of Salomon Brother's real estate department where he originated, structured, and transacted real estate debt and equity financings, M&A advisory assignments, and investment property sales and acquisitions aggregating in excess of $2.2 billion involving CBD and suburban office buildings, multi-family, nursing homes and hospitals, self-storage and industrial, and retail properties. At the beginning of his career, Andy was in the real estate equity syndication business: as a limited partner at Bear Stearns and at his own company, Connors Sternlieb and Company.
Andy graduated from the University of Rochester in 1975, received a J.D. from Emory University School of Law in 1978, and completed an M.A. in Education Policy at Teachers College, Columbia University in 2014. He is a licensed real estate broker in New York and is a member of the Urban Land Institute ("ULI"), The Real Estate Finance Association of CT and the New Jersey Bar Association (retired).
In his former capacity as Vice Chair for the Program Committee for the Urban Land Institute, Andy coordinated and/or moderated over 70 panels on various capital markets topics for ULI's fall and spring meetings. He also appeared as panelist/moderator on numerous other occasions for the ULI local District Council and at the NYU Real Estate Institute and at Columbia University's Real Estate Development Program.
Andy is currently Chairman of Brass City Charter School in Waterbury CT and Chairman of the Fiscal Advisory Committee of the North Salem Central School District. He is a member of the Board of the Children’s Environmental Literacy Foundation, a member of the Board of the University of Rochester Hillel, and a member of the Investment Committee of Hillel International.