Steven Caravelli
Senior Commercial Associate
- 1560 Van Ness Ave Fl 2 San Francisco, CA, 94109,
- 415-706-0008
Bio
Steve Caravelli focuses on commercial real estate investment sales, multi-family sales in San Francisco, and commercial leased investments in California.
Steve has been involved in significant real estate purchase and sales transactions and related contract negotiations around the San Francisco Bay Area, possesses significant experience in representing buyers and sellers in matters of 1031 tax deferred exchanges, trust sales, and environmental issues. Closed transactions totaling nearly $1.6 billion which includes over 1,200 multi-family units and 1,550,000 square feet of commercial investments.
REPRESENTATIVE EXPERIENCE·
Represented an overseas buyer, in the purchase of 225 Bush Street (The Standard Oil Building) in San Francisco, a 586,000 sq.ft. office /retail investment property for the purchase price of $350,000,000.
Represented a family trust execute a 1031 tax deferred exchange into several long-term leased investments, totaling over 36,000 square feet and $19.2 million dollars. Negotiating multiple Internal Revenue Service timelines and due diligence periods, including extensive environmental studies and testing, with each property owner’s broker to complete the transaction in a timely manner.
PROFESSIONAL HIGHLIGHTS
Represented multiple clients in transactions including over 145 Apartment Buildings and 72 Single Tenant Leased Investments, Shopping Centers, Residential Development Sites and Owner User Industrial Properties.
Represented the St. Vincent De Paul Society in a reorganization of their real estate holdings.·
Represented several individual foreign investors in their disposition of their San Francisco Apartment Buildings.
HONORS & AWARDS·
2012 -2023 CBC Top 2% CB Commercial Broker in North America·
2017 CBC #1 Commercial Broker in North America
2014, 2015,2016 CBC #1 Commercial Broker in Northern California·
AFFILIATIONS
National Association of Realtors·
California Association of Realtors·
San Francisco Association of Realtors·
San Francisco Apartment Association·
California Apartment Association·
National Apartment Association·
Certified Commercial Investment Real Estate Institute.
EDUCATION
San Francisco State University
CCIM Institute
LICENSE
California Department of Real Estate #00879834
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1500 Newlands Avenue
Burlingame, CA 94010 -
San Francisco Downtown Investment
440 Hyde Street, San Francisco, CA 94109 -
Emeryville Add Value Industrial
5675 Horton Street, Emeryville, CA 94608 -
1342 Mason Street
San Francisco, CA 94133
Industry Role
Broker