Commercial Real Estate Hall of Fame: Newmark’s Steve Levitas
Every year, Midwest Real Estate News inducts a new class into the Midwest Commercial Real Estate Hall of Fame. Today we look at the busy career of Steve Levitas, vice chairman of Newmark’s Chicago office.
During a career as a commercial real estate agent that spanned more than two decades, Steve Levitas has coordinated the leasing of more than 13 million square feet with transaction values in excess of $ 5 billion.
Those are big numbers. How did Levitas, vice chairman of Newmark’s Chicago office, meet you? It’s about doing the research it takes to really understand your market. It’s about recording the long hours it takes to complete the best deals for your customers. And it’s about being honest with your customers.
This combination has helped Levitas build a list of repeat customers. Customers appreciate Levitas’ first class customer service. You come back to him when you’re ready to make a real estate move.
It’s not exactly a secret formula. But it’s successful and has helped Levitas become one of the busiest CRE professionals in the Chicago market.
Levitas has received several important awards during his career. In 2013 it won the Chicago Commercial Real Estate Innovative Deal of the Year and Redevelopment of the Year awards, and in 2012 the NAIOP Downtown Office Transaction of the Year award. In 2005 Levitas won the Suburban Office Transaction of the Year award.
“I attach great importance to my customer relationships. You are the reason why I am successful, ”said Levitas. “Much of my success in this business has come from the fact that I listen. I work to help my clients solve real estate problems to improve their business and generate more sales. “
Levitas says its goal is to always be responsive to its customers’ questions or concerns while working on a transaction, even if done outside of business hours or over the weekend, and to respond quickly with answers and solutions.
Customers remember this type of service and that’s why they return to CRE professionals.
“The greatest challenge and reward in selling or leasing commercial real estate is building customer trust and building strong relationships based on that trust,” said Levitas. “I’ve been successful in this business by working hard and developing creative solutions to my clients’ real estate needs.”
When Levitas is not working with his clients, he enjoys playing golf, skiing, paddle tennis, walking his dogs and spending time with his family.