Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, is pleased to announce that commercial real estate industry veteran, Larry Bustamante has joined the firm as Vice President.
Bustamante brings more than 35 years of experience in the real estate industry to Stepp Commercial. He has a depth of knowledge that includes property management, acquisitions, dispositions and 1031 exchange transactions, and has worked with some of the largest multifamily portfolio owners in Long Beach. He has managed hundreds of units throughout Los Angeles County, and this extensive expertise gives him a strong advantage in asset valuation and analysis. His lifelong clients are private investors and family offices who rely on him to advise them on how to achieve the highest returns on their real estate holdings.
“Larry is a significant addition to Stepp Commercial and a strategic hire to expand our growing market share throughout the greater Los Angeles region,” said Robert Stepp, Principal with Stepp Commercial. “In this rapidly evolving investment landscape, it is critical to have a team of seasoned experts that understand how to navigate change and create opportunities for our clients. Larry and I have worked together over the years on a number of transactions and he has always impressed me with his focus on providing value for clients and building long-term relationships.”
“As a long-time commercial real estate broker and property manager in Long Beach, it has been hard not to notice Stepp Commercial as the dominant force in multifamily investments,” said Bustamante. “I have always admired Robert and his team for being absolutely transparent and committed to the client above anything else. Our like-minded client-focused approach and the firm’s operational and marketing strength were strong drivers for joining the Stepp Commercial team.”