Barry L. Schmiess

Chief Investment Officer


Mr. Schmiess has served as Chief Investment Officer of the Trust since 2022. He has over 20 years of experience and expertise in the areas of multifamily property ownership, management and procurement, and real estate lending and investments.

Current Experience

  • Chief Investment Officer – Sterling Multifamily Trust, Sterling Office and Industrial Trust
  • Chief Investment Officer – Sterling Management, LLC

Previous Experience

  • CEO & Chairman – Builders Management and Investment (BMI Fargo)
  • Owner – BK Consulting
  • VP Private Banking & Commercial Real Estate – State Bank & Trust (Bell Bank)
  • VP & Retail Banking Manager – Community First National Bank (Bank of the West)


  • Bachelor of Science degree in Finance from Minnesota State University – Moorhead (MSUM)