Michael Stone
Michael formed Stone Investment Properties LLC in 2014 and Stone Point Properties LLC in 2018 after 22 years at CBRE, where he created the Connecticut Multi-Housing Group that was the regional affiliate of the nation’s leading Multi-Housing investment sales platform. In his career, Michael has served as a trusted advisor in over 350 Multi-Housing transactions totaling over 30,000 units and over $3.0 Billion. With over a decade of experience in the Multi-Housing appraisal field, and another decade of experience in Multi-Housing investment sales, Michael’s experience in the Multi-Housing industry is unique. He has testified as an expert witness in the Federal and Superior Court system, has given many presentations in Multi-Housing matters to industry professionals, has written numerous articles for regional publications, and is consistently relied upon for his expertise regarding a diverse range of Multi-Housing matters. His knowledge of the property type and its relationship with capital market dynamics offer a complete perspective of the industry. His experience includes market-rate apartments, affordable apartments (HUD, CHFA, other programs), ground-up development (suburban and urban in-fill), and adaptive re-use development projects. Michael’s knowledge spans every component of the capital stack including sourcing, negotiating, underwriting, and performing due diligence for multi-housing transactions with a wide variety of debt and equity sources. Equity sources include private equity firms, pension fund advisors, insurance companies, public entities, and international sources. Debt sources include banks, private funding companies, and Government Service Enterprises (GSEs) including HUD, Fannie Mae & Freddie Mac. Stone Point Properties, which is co-owned by Michael Fleischmann, is a property management and investment advisor for the commercial real estate industry.
- MarketsHartford, Westchester/So Connecticut
- Property TypesIndustrial, Land, Office, Retail, SportsAndEntertainment, Specialty, Multifamily, Healthcare
- Websites
