NEW YORK, June 2, 2021 /PRNewswire/ — Mazars, a leading audit, tax, and advisory firm in the US, announced that Craig Stern, has joined the firm as a Managing Director in the Real Estate Group. He will focus on growing the Real Estate Investment Trust (REITS) Practice, building on existing firm services and enhancing support capabilities for clients in the sector.
Carlos Martins, Partner and Real Estate Practice Leader, commented, “We are very excited to have Craig joining the Real Estate Practice. His extensive background providing tax services to REITs will be of particular value in light of proposed changes to 1031 exchanges and capital gains under the new administration.”
Craig is a JD and CPA with 30+ years of experience in the real estate and investment industries, with a focus on transaction services. He has worked on over 100 mergers, acquisitions, dispositions, joint ventures, inbound investments and spinoffs, with deals ranging from $1 million to $6 billion.
Prior to joining Mazars, Craig was Executive Vice President at Vornado Realty Trust, one of the country’s largest REITs, where he was responsible for tax structuring and compliance. He also performed similar services at several Big 4 accounting firms.
“Real estate firms of all types are facing a volatile market and potentially significant regulatory change,” Craig said. “It is crucial to have an experienced, trusted advisor. I’m excited to join Mazars as I am confident they have the resources to…