Stephen Faber of Related Beal to Receive 2025 Lifetime Achievement Award.

BOSTON — Stephen Faber, Executive Vice President at Related Beal, will be honored with the 2025 Lifetime Achievement Award from Boston Real Estate Times at its annual Excellence Awards ceremony on September 11, 2025, at the Burlington Marriott Hotel in Burlington, MA. The award recognizes Faber’s exceptional four-decade career that has helped shape Boston’s commercial and life sciences real estate landscape, redefined urban development strategy, and elevated the city’s standing as a national hub for innovation and economic growth.

“Stephen Faber has not only helped reshape Boston’s skyline—he’s helped shape its future,” said Upendra Mishra, publisher of Boston Real Estate Times and Life Sciences Times. “This award honors a career rooted in vision, integrity, and thoughtful development. His projects are more than real estate—they are enduring contributions to Boston’s identity, competitiveness, and inclusive prosperity.”

Faber expressed his appreciation for the recognition:

“I am honored to receive the Boston Real Estate Times Lifetime Achievement Award. This recognition is a testament to the exceptional talent and steadfast dedication of the entire Related Beal team, as well as the many distinguished individuals I’ve had the privilege to collaborate with throughout my career,” said Faber. “Together, we are committed to fostering a Boston that leads in innovation by unlocking unique market opportunities and driving economic growth. My sincere gratitude to Boston Real Estate Times for this esteemed recognition.”

A Legacy of Leadership and Innovation

With over 40 years of experience in real estate development, Faber has been instrumental in delivering some of the region’s most significant and forward-looking commercial projects. At Related Beal, he leads the firm’s life sciences portfolio—one of the most transformative sectors in the real estate industry—while also overseeing acquisitions, dispositions, and asset management for a broad range of asset classes, including office, retail, and residential developments.

Faber’s influence extends beyond Boston. He has overseen assets in more than 17 major markets nationwide and is widely recognized for his ability to pair long-term strategic thinking with practical, market-savvy execution.

Kimberly Sherman Stamler

“Steve’s visionary leadership and unmatched expertise across the innovation, research, and commercial markets drive our team forward each day and have made a lasting impact on the city of Boston,” said Kimberly Sherman Stamler, President of Related Beal. “This award reflects not only his many accomplishments, but also the collaborative, principled, and future-focused mindset he brings to everything he does.”

Setting New Standards in Sustainable Urban Development

Faber’s work has helped position Related Beal as a leader in Boston’s life sciences ecosystem. Signature developments like Innovation Square Phase III—the city’s first LEED Platinum and LEED Zero-Net-Carbon life sciences building—demonstrate his commitment to environmentally responsible, inclusive growth.

Joe Mamayek

“Steve blends bold vision with calculated risk to shape contextually appropriate outcomes,” said Joseph Mamayek, Principal at SGA. “Through his mentorship, collaboration, and advocacy, he nurtures stewardship of community values—driving job creation while advancing sustainable, resilient life‑science solutions. He continually raises the bar of excellence for us all.”