Steve Schemmel

Gatsby Advisors

License Number: 772573

Phone: Show Phone Number


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5251 Westheimer Road, Suite 410
Houston, Texas 77056 (View Map)

Affiliated Broker
Charles Patawaran, CCIM

About the Company

Gatsby Advisors Brokerage, led by Charles Patawaran, CCIM — President & Janitor, helps high-net-worth investors and entrepreneurs acquire, scale, and exit cash-flowing businesses and commercial real estate. As one of the youngest CCIM brokers in the U.S., Charles brings a unique mix of investment banking mindset and deal-maker grit to every transaction. Our fully refundable retainer model ensures mutual commitment and results. We don’t compete for clients — we partner with serious investors ready to build wealth, buy freedom, and close with confidence.

Broker Biography

Introduction

Steve Schemmel, a multi-faceted deal maker with hands on experience across several commercial sectors. His background of investment sales cover M&A, Assisted Living Facilities, Multi-family and Industrial assets. Known for aggressive deal sourcing by using an investor first approach.

Services Provided

1. Sell-Side Advisory | Assisted Living Facilities

As a commercial real estate and middle market broker I specializing exclusively in the sale of income producing assisted living facilities. Our sell-side process is geared to maximize enterprise value, not just price. We isolate real estate vs. operations value and the outcome is a controlled, competitive process with qualified buyers in our rolodex, defensible valuation, and certainty win-win experience.

2.Buy-Side Advisory | Assisted Living Facilities

On the buy side, we represent operators and investors that's looking to acquire assisted living facilities. We source deals that will pencil. Every acquisition is evaluated as both a real estate investment and an operating business ensuring clients acquire assets that performs.

3. Investment Sales | Commercial Real Estate

For investors that are in the market for commercial assets such as Retail, Hotels, Industrial and Development Our firm is the true one stop shop with each division leader specializing in a specific asset class.

Areas Served

  • Austin County, TX
  • Brazoria County, TX
  • Dallas County, TX
  • Fort Bend County, TX
  • Fort Bend County, TX
  • Galveston County, TX
  • Harris County, TX
  • Montgomery County, TX
  • Tarrant County, TX
  • Travis County, TX
  • Licensed In

    • Texas — License number 772573

    Business For Sale Listings

    $2,625,000
    Harris Co., TX 
    View Details 
    16 Bed Assisted Living Facility For Sale

    Offered below stabilized value, this 16-bed (private) Type B Assisted Living Facility in Northwest Houston presents a rare opportunity to acquire a high-quality senior living asset with substantial upside. Fully ADA-compliant and equipped with a complete fire-suppression sprinkler system, the property is designed for safety, comfort, and smooth operational flow—ideal for owner-operators or investors seeking a turnkey community with growth potential.This facility is purpose-built for comfort and engagement, featuring secure access, inviting common areas, and ADA-friendly layouts that support both assisted living and memory care needs. Residents benefit from personalized support with daily activities, medication management, freshly prepared meals, and full housekeeping services—delivered by experienced, certified care professionals.This facility’s emphasis on 

    Elite
    Steve Schemmel Serving Harris County, TX

    Steve Schemmel, a multi-faceted deal maker with hands on experience across several commercial sectors. His background of investment sales cover M&A, Assisted Living Facilities, Multi-family and Industrial assets. Known for aggressive deal sourcing by using an investor first approach.

    Michael Shanks Serving Harris County, TX

    Michael Shanks, CPM® is the Managing Director of the Retail Advisory division at Gatsby Advisory Group. With 10+ years of experience, he brings extensive expertise across finance, sales, and real estate operations. As a former Asset-Based Lending Agent, he managed complex multimillion-dollar financing deals, and as Vice President of Property & Asset Management for a real estate investment trust, he oversaw large-scale portfolios and strategic asset planning. Michael has worked with prominent firms such as Marcus & Millichap and Maz Real Estate, and holds the Certified Property Manager (CPM®) designation from the Institute of Real Estate Management, reflecting his commitment to operational excellence and industry leadership.

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