Stepp Commercial Brokers Rank in the Top 5 Dealmakers in Long Beach

Long Beach, Calif. January 10, 2024 – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, proudly announces that its sales team has secured 4 of the 5 top rankings among the Top 5 Costar Dealmakers for the year 2023.  The rankings are based on all transactions in the Long Beach area according to CoStar Group, a renowned provider of commercial real estate information, analytics, and online marketplaces.  Team rankings include:


#1 Robert Stepp, Principal, 18 closed transactions

#2 Michael Toveg, Senior Vice President, 11 closed transactions

#4 Larry Bustamante, Vice President, 7 closed transactions

#5 John Alden, Vice President, 5 closed transactions


The Top 5 Costar Dealmakers acknowledgment underscores the sales team’s exceptional ability to navigate the dynamic market conditions, leverage industry insights, and foster strong relationships with clients.


In a notoriously challenging year for commercial real estate due to historically high interest rates, the Stepp Commercial team has outperformed their competitors significantly by closing over 30 transactions, predominantly in the Long Beach area.  The firm currently has 50 active listings across Los Angeles County and an additional 12 listings in escrow.


“I am immensely proud of our sales team for achieving this remarkable feat and being recognized in 4 of the 5 Top 5 Costar Dealmakers for 2023. This accomplishment reflects our unwavering dedication, strategic prowess, and commitment to delivering outstanding results for our clients,” said Robert Stepp, Founding Principal.  “We look forward to an active 2024 continuing to utilize creative solutions and effective brokerage skills to get deals closed.”