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Stephen Perricone

Senior Vice President
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OFFICE LOCATION

Philadelphia, PA

610.947.0015

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Connect with me on LinkedIn

150 Strafford Avenue

Suite 301

Wayne, PA 19087

Professional experience

Steve has more than 30 years of commercial real estate experience in various disciplines. Prior to joining Bellwether, Steve worked at Wells Fargo Commercial Mortgage for 21 years as Managing Director/Loan Officer. During this tenure he placed over $6 Billion of multi-family and commercial mortgages with numerous third-party capital sources. Sources were selected based on solutions in line with a property owner’s business plan. Steve has strong relationships with numerous insurance companies with whom he has placed non-recourse, long term fixed rate debt. Additionally, he has originated loans with Agency, CMBS, Credit Tenant Lease (CTL), banks and Bridge lenders.

 

Prior to Wells Fargo and its predecessor banks, Steve worked for Lend Lease (formerly Equitable Real Estate) in their mortgage origination and workout group for the Northeast Region (DC through Boston). In addition, he assisted in asset management and acquisitions as part of a larger team.

In the early portion of his career Steve worked as a commercial property appraiser for a predecessor company to Newmark Knight and Frank.

Education

Steve holds a Bachelor of Business Administration with Real Estate minor from Temple University and a JD from Temple University Beasley School of Law.

 

Product Expertise

Significant insurance company placement experience as well as Agency, CMBS, Bridge, bank, CTL and Debt Fund lenders. Expertise in traditional property types including Multifamily, Industrial, Retail, Office and Hotels plus niche property types such as Manufactured Housing, Self-Storage, Agriculture and Co-Op’s.  In addition, Steve has placed CTL loans with the leading lenders in this space. Placement assignments have been geographically diverse with a concentration on the East and West Coasts as well as numerous other states throughout the US.

 

Affiliations

Member of ULI, Counselors of Real Estate, PA Real Estate Salesperson license and Member of PA Bar (inactive status).

Various volunteer positions including WhitpainTownship Basketball Commissioner and multiple coaching positions

Member of Nationwide Insurance’s Advisory Board

Stephen Perricone

Recently closed deals

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Multifamily

$32,600,000

Burbank, CA

Life company

Permanent loan

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Multifamily

$20,000,000

Allentown, PA

Life Company

Permanent loan

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Multifamily

$90,000,000

Los Angeles, CA

Life Company

Permanent loan

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