Steve Powel is a proven real estate executive with more than 36 years of experience in the commercial real estate industry. Steve supports acquisitions and capital markets activities for Multihousing.com, through his Point North Capital, LLC, and has been associated with the firm for over 20 years. Steve is also a mentor to the Team, providing insight and guidance as Multihousing.com expands its base of operations and portfolio.
Steve spent 29 years at SitusAMC (previously Situs), a company he helped found and grow into the leading solutions provider to the real estate finance industry. During his time at the firm, Steve served in a number of roles including President, Chief Executive Officer, and, most recently, Executive Chairman. Under Steve’s leadership, SitusAMC expanded its assets under management from $15 billion to $175 billion, globally. He was the chief architect of the firm’s growth strategy and led the sales and marketing functions. During his time at SitusAMC, Steve pioneered a number of innovative offerings including a Talent Solution offering, an industry first, providing a unique client-focused dedicated team model that helps organizations scale effectively while mitigating personnel risk. The success of the platform fueled numerous copycats and established an industry standard for deal execution in the commercial real estate capital markets industry.
In 2004, Steve led SitusAMC’s expansion into Western Europe and Asia. He championed the firm’s M&A activity, acquiring third-party valuation services firm, RERC, and HPI, the leading nonperforming loan servicer in Europe. Additionally, he was a key architect in the firm’s expansion into the residential mortgage market with the acquisitions of The Collingwood Group and MoutainView Financial Solutions. In 2019, he played a contributing role in bringing together Situs and AMC to form SitusAMC, the industry’s leading provider of consulting, outsourcing, talent, and technology solutions supporting the entire life cycle of both commercial and residential real estate finance.