Bio
Scott Stehman is a principal with Bean Investment Real Estate and has 27 years of experience in commercial and multi-family residential real estate. Prior to joining Bean Investment Real Estate, Scott was a principal with Reliance Development, which specialized in multi-family residential developments and condominium conversions. In 2006, Scott led the largest apartment acquisition and conversion project in Portland history, which transformed the former Portland Center apartments into the Harrison condominiums. Working with Terry Bean and Williams & Dame Development, Scott oversaw the successful three year project to remodel and market more than 300 new condominium homes in the downtown core.
Scott Stehman is a principal with Bean Investment Real Estate and has more than 25 years of experience in commercial and multi-family residential real estate. Prior to joining Bean Investment Real Estate, Scott was the founder and president of Reliance Development, which specialized in multi-family residential developments and condominium conversions.
Over his career, Scott has developed special expertise in apartment conversions. He has led projects converting more than 1,100 apartment units to condominiums with a total market value exceeding $300 million.
In 2006, Scott led the largest apartment acquisition and conversion project in Portland history, which transformed the former Portland Center apartments into the Harrison condominiums. Working with Terry Bean and Williams & Dame Development, Scott oversaw the successful three-year project to remodel and market more than 300 new condominium homes and apartment units in the downtown core, a project valued at more than $200 million.
He has also partnered with Terry Bean to convert 10 other apartment projects into condominiums. Many of these buildings were on the National Historic Register and therefore required special attention to community impact and local design review standards. One of the most notable of these projects was the Envoy, built into the hillside below Washington Park and above the Uptown Shopping Center at Burnside and Northwest 23rd Avenue. Other conversion projects led by Scott include the historic Roosevelt Hotel and Hamilton Arms buildings, as well as the Flanders Lofts.
In 2008, Scott led a partnership to develop the new 2121 Belmont Apartments, a $50 million mid-rise mixed-use project in Southeast Portland.
Scott was born in Edinburgh, Scotland and earned his Bachelor of Science degree from Willamette University in 1986.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation