Investor profile - PA
Steve Karvounis
Steve Karvounis is a real estate investor and operator based in Philadelphia, PA-NJ-DE-MD. Public filings show activity across 16 properties held through 3 holding companies. Recent mortgage relationships include Direct Mortgage Loan Company, Morgan Stanley Private Bank, and Franklin Mint Federal Credit Union.
Steve's Activity
As of December 2025, public records show approximately $6.8M in recorded mortgage exposure linked to this investor across at least 21 mortgage filings and 16 properties held through 3 holding companies. Activity appears concentrated in residential and multifamily assets recorded between 2018 and 2025.
Associated People
Primary Geography
Philadelphia, PA-NJ-DE-MD
ZIP codes: 19022, 19064, 19312, 19008, and 19050
Most recorded activity for this investor appears in EDDYSTONE, SPRINGFIELD, BERWYN, CRUM LYNNE, and BROOMALL.
Property Type Breakdown
Associated Entities (3)
PA · 19 properties · 11 mortgages
PA · 8 properties · 9 mortgages
PA · 0 properties · 1 mortgage
Mortgages (21)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 08/18/2025 | $1.4M | Open | Direct Mortgage Loan Company | KARWELL PROPERTIES LLC | 815 NATHAN HALE RD, BERWYN, PA 19312 |
| 12/04/2024 | $750k | Open | Direct Mortgage Loan Company | KARWELL PROPERTIES LLC | 45 ORCHARD LN, BERWYN, PA 19312 |
| 07/11/2024 | $344k | Open | Direct Mortgage Loan Company | KARWELL PROPERTIES LLC | 123 W 1ST AVE, CONSHOHOCKEN, PA 19428 |
+18 more not shown
Owned Properties (16)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 815 NATHAN HALE RD, BERWYN, PA 19312 | KARWELL PROPERTIES LLC | Owns - 4 mos | $750k |
| 123 W 1ST AVE, CONSHOHOCKEN, PA 19428 | KARWELL PROPERTIES LLC | Sold | $270k |
| 228 S HIGHLAND RD, SPRINGFIELD, PA 19064 | KARWELL PROPERTIES PLC A PENNSYLVANIA LTD LABILITY CO | Sold | $240k |
+13 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, multifamily, and vacant properties across Philadelphia, PA-NJ-DE-MD.
What companies is Steve Karvounis associated with?
Steve Karvounis is associated with 3 entities based on extracted signatures from public records. Key entities include EDDYSTONE 5 LLC, KARWELL PROPERTIES LLC, and KARWELK PROPERTIES LLC.
How many properties are associated with this investor?
At least 16 properties are associated with Steve Karvounis and the entities they control, based on signatures extracted from recorded documents connecting Steve Karvounis to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Direct Mortgage Loan Company, Morgan Stanley Private Bank, and Franklin Mint Federal Credit Union, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2018 through 2025, with the most recent mortgage recorded in 2025.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
Elementix may suppress certain contact indicators where legally required or where appropriate for safety or privacy reasons. Requests for removal, suppression, or correction of information must be submitted to compliance@elementix.ai. Elementix reviews such requests only where required by applicable law or where information is factually inaccurate. General objections or unsupported demands do not create a removal obligation.