< Back
Steve Penfield Image

Steve Penfield

Partner

Steve joined X Ventures in 2014 where he quickly excelled in the commercial real estate industry. He was recognized as CARWM’s Rookie of the Year, a popular award which recognizes only one agent annually. After two years at the company, Steve became an owning partner and has been integral in growing the company’s bottom line as well as the sales and administrative teams.

Steve’s input and collaboration with his partners has been invaluable in the areas of investment development consulting, landlord representation, land acquisition, and equity placement. He began investing in real estate as soon as he graduated from Michigan State University and his construction background has served him in the industry, as he had previously worked for a few of West Michigan’s strongest construction companies including The Christman Company and Elzinga & Volkers Construction. His passion for building relationships and ability to leverage his construction background, knowledge, and education with those relationships has made him one of X Ventures’ leading agents.

Throughout his tenure at X Ventures, he has been involved in several large projects including the redevelopment of the landmark Exhibitors Building in Downtown Grand Rapids, Boardwalk in the Monroe North Business District, American Seating Park on the west side, plus the land assembly for multi-family units in the Creston Heights area. He has also been involved in multiple deals on the coast of Lake Michigan in both Holland and Grand Haven. Noteworthy projects include the redevelopment of the SE corner of River Ave. & Douglas with the retail development at Riverpoint and the lease-up of remaining vacancy at Baker Lofts.

Steve and his wife, Christina, just added to their family with a beautiful baby girl, Sloane! They love their Catahoula hound, Bentley, and spending their summers boating and winters traveling to new places. Steve’s hobbies include real estate investing, carpentry, motor sports (anything with a motor and a paint job!), and sailing.

Education and Qualifications

· Michigan State University, Bachelor of Science

· Construction Management

Accomplishments, Affiliations, and Memberships

· CAR

· MAR

· NAR

· LEED® AP

· Pink Tie Guy Society (supporting Susan G. Comen efforts)

· CARWM Rookie of the Year – 2014