Stars to Watch 2015: Robert Stamm
- Jan 26, 2015
Executive Managing Director, Savills Studley
Most Proud Of: Robert Stamm is not only responsible for advising multi-cultural clients, he is also in charge of the firm’s crossborder Investment business in the Americas. In his capacity as advisor to Frankfurt, Germany-based Deka Immobilien GmbH, he helped bring the open-ended fund together with New York’s Ashkenazy Acquisitions in 2014 for the $170 million purchase of an 8,400-square-foot retail condominium at 522 Fifth Ave. in Manhattan. “You can imagine not only the numbers (but) the cash flows and regulations of a German fund, its culture, its language—all these different disciplines. It was our masterpiece.”
Secret to Success: Work
Greatest Challenges: Convincing others that there’s an alternative way of thinking. In 2009, that alternative way of thinking involved embracing offshore capital. “During that time, offshore capital was seen as a potential threat to a transaction, as not being reliable, so the main challenge was to have one big major transaction close.” He succeeded when he advised Deka Immobilien on the $208 million acquisition of Vornado’s 250,000-square-foot office building at 1999 K St. in Washington, D.C. But not all struggles are of a professional nature. As a father and husband, Stamm conceded it is a challenge “to combine my work and my personal life together.”
Best Advice Received: Never stop learning and never stop working.
CPE selected 17 individuals and teams as the 2015 Stars to Watch. Details on their accomplishments appear in the February 2015 issue.