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Friday, Apr 19, 2024

Most Influential Family Owned Businesses 2019: STEPP COMMERCIAL

Santa Monica

Stepp Commercial is the leading multifamily brokerage firm in the Los Angeles market with the sale of close to $2 billion in property sales since its inception in 2013. Founded by industry veterans and husband and wife power couple, Robert Stepp and Kimberly Stepp, this duo has grown to a 15-person brokerage team. In 2018, the team completed its most active year with 82 transactions totaling 1,321 units and a collective value of $383 million.

Stepp Commercial specializes in the disposition, acquisition, and exchange of multifamily investment properties in the greater Long Beach area and in other key sub-markets of Los Angeles including Santa Monica, Hollywood, and additional Westside areas. Stepp’s most recent notable deals include the 127-unit Patio Gardens property in Long Beach, which sold for $50.8 million as well as a 13-property portfolio in Long Beach totaling $50.4 million.

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