BOSTON — Stephen Faber, the Executive Vice President at Related Beal, is set to be honored with the prestigious 2025 Lifetime Achievement Award by the Boston Real Estate Times.
The award ceremony is scheduled for September 11, 2025, at the Burlington Marriott Hotel in Burlington, MA, during the annual Excellence Awards celebration.
This recognition highlights Faber’s remarkable four-decade career that has significantly influenced Boston’s commercial and life sciences real estate landscape.
Not only has he redefined urban development strategies, but he has also played a crucial role in elevating Boston’s reputation as a national leader in innovation and economic growth.
“Stephen Faber has not only helped reshape Boston’s skyline—he’s helped shape its future,” commented 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 just real estate—they are enduring contributions to Boston’s identity, competitiveness, and inclusive prosperity.”
Faber expressed his gratitude for the honor, saying, “I am honored to receive the Boston Real Estate Times Lifetime Achievement Award.
This recognition reflects 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.
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 veteran of over 40 years in real estate development, Faber has been pivotal in delivering some of the most significant and forward-looking commercial projects in the region.
At Related Beal, he oversees the firm’s life sciences portfolio, recognized as one of the most transformative sectors within the real estate industry.
His responsibilities also include managing acquisitions, dispositions, and asset management across various asset classes such as office, retail, and residential developments.
Faber’s impact, however, is not limited to Boston.
He has managed assets in over 17 major markets across the nation, gaining a reputation for his blend of long-term strategic vision and market-savvy execution.
“Steve’s visionary leadership and unmatched expertise across innovation, research, and commercial markets propel our team forward every day and have had a lasting impact on the city of Boston,” noted Kimberly Sherman Stamler, President of Related Beal.
“This award reflects not only his numerous accomplishments but also the collaborative, principled, and future-focused mindset he brings to every endeavor.”
Pioneering new standards in sustainable urban development, Faber has positioned Related Beal as a front-runner in Boston’s life sciences ecosystem.
His signature projects, including Innovation Square Phase III, which is recognized as the city’s first LEED Platinum and LEED Zero-Net-Carbon life sciences building, showcase his commitment to environmentally responsible and inclusive growth.
“Steve merges bold vision with measured risk, creating contextually appropriate outcomes,” elaborated Joseph Mamayek, Principal at SGA.
“Through his mentorship, collaboration, and advocacy, he fosters a sense of stewardship within community values—creating jobs while advancing sustainable, resilient life-science solutions.
He continually raises the standard of excellence for all of us.”
Beyond his professional achievements, Faber is also known for his civic engagement.
He serves as the chair of the Greenway Business Improvement District Board and is involved with the Seaport Leadership Committee of A Better City.
His participation in various industry organizations, including MassBio, NAIOP, Urban Land Institute (ULI), and the Downtown Boston Business Improvement District, reflects his dedication to enhancing community relationships.
As he receives the 2025 Lifetime Achievement Award, the Boston Real Estate Times honors not only Faber’s outstanding career but also a legacy characterized by vision, collaboration, and the transformative power of real estate to uplift lives and communities.
image source from：bostonrealestatetimes
