What The Steiner Group does

The Steiner Group is a privately-held, fully integrated real estate investment and asset management firm founded in 2000 by Stephen Steiner and headquartered in Tenafly, NJ, with a secondary office in Englewood Cliffs, NJ. The firm acquires undervalued multifamily, industrial, and retail assets across the NY Metro, New Jersey, and Pennsylvania corridor, with selective expansion into secondary markets including Colorado. Capital is sourced from internal balance sheet, co-investments, and syndicated structures offered to accredited individual investors, investment funds, and family offices; six featured assets are publicly disclosed, including Plaza Gardens (Secaucus, NJ), Rockland Industrial Park (Tappan, NY), TJ Maxx Plaza (Williamsport, PA), Tower Plaza Center (Norwood, NJ), Park Lane Apartments, and an Arvada, CO industrial property.

The firm offers a vertically integrated service stack spanning acquisition sourcing, underwriting, capital syndication, asset management, and property management, targeting investors seeking either passive ownership or full-service third-party management. Tenant-side counterparties are dominated by credit retail anchors including TJ Maxx, Petsmart, Party City, Shoe Carnival, JoAnn Fabrics, and Dunkin Donuts, alongside multifamily residents and industrial occupants. The technology stack is conventional: AppFolio serves as the investor portal and property/ investor-relations platform, and no proprietary technology product, AI/ML system, or data product is disclosed.

Revenue is generated through a combination of rental income from owned and JV-owned properties, asset and property management fees, acquisition/disposition fees, and promote (carried interest) on syndicated deals; no financials are publicly disclosed. The firm operates without external institutional capital, has not announced funding rounds, M&A, or IPO activity, and is led by founder Stephen Steiner as Managing Partner with a team sized at 11–50 employees.

Name

The Steiner Group

Legal name

The Steiner Group

Website

https://thesteinergroup.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

The Steiner Group is a privately-held real estate investment firm founded in 2000 that acquires and manages multifamily, industrial, and retail properties across the NY/NJ/PA corridor and Colorado, serving accredited investors, investment funds, and family offices with fully integrated acquisition, asset management, and property management services.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Investment Trusts (6798)

akta.pro primary industry

Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF)

akta.pro secondary industry

Hazardous Materials & Specialized Industrial Facilities Brokerage (BPAJACAI)

Keywords

• Real estate investment
• Property management
• Multifamily properties
• Commercial real estate
• Asset management

Headquarters

HQ city

Tenafly

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Real Estate Investment Returns: The company acquires opportunistic real estate assets (multifamily, industrial, retail) and generates returns through rental income, property appreciation, and value-add improvements. Revenue is realized through internal capital sources, outside syndication, and fund structures.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

The Steiner Group is a real estate investment firm that acquires, owns, and operates multifamily, industrial, and retail properties primarily across the NY Metro/NJ/PA corridor and in Colorado. The firm delivers integrated investment, asset management, and property management services to accredited investors, investment funds, and family offices.

Product overview

The Steiner Group operates as a fully integrated real estate investment company offering a single, unified service rather than a platform-plus-modules architecture. The core offering encompasses real estate investment services spanning acquisition, asset management, and property management of multifamily, industrial, and retail assets. The company maintains a portfolio of six featured properties: Plaza Gardens (multifamily in Secaucus, NJ), Rockland Industrial Park (industrial in Tappan, NY), TJ Maxx Plaza (retail in Williamsport, PA), Tower Plaza Center (retail in Norwood, NJ), Park Lane Apartments (multifamily), and Arvada CO Industrial (industrial in Colorado). Services are tailored from passive investment to active, full-service solutions for individual investors, investment funds, and family offices.

Differentiator

Problem solved

Functional benefit

Products and services

• Plaza Gardens

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Emerging players

• CrowdStreet: CrowdStreet is an online real estate investment marketplace that enables individual accredited investors to access institutional-quality private real estate deals, including syndications and funds. While CrowdStreet is a platform rather than an operator, it is highly comparable in the way it channels accredited investor capital into real estate opportunities like those offered by Steiner.
• Origin Investments: Origin Investments is a private real estate investment platform that pools capital from individual accredited investors to acquire multifamily and commercial assets through funds and syndications. It mirrors Steiner's distribution model—accredited investors and family offices accessing real estate via fund/syndication structures—making it a directly comparable emerging operator at a similar stage.

Regional players

• Veris Residential: Veris Residential is a NJ-headquartered multifamily REIT focused on Class A properties along the Hudson River waterfront near Manhattan. While larger and public, its NJ multifamily focus overlaps directly with Steiner's Plaza Gardens in Secaucus, making it the most geography-comparable peer for the multifamily segment of the portfolio.

Broad incumbents

• Kimco Realty: Kimco Realty is a large-cap publicly traded open-air shopping center REIT that anchors properties with national credit tenants such as TJ Maxx. Its portfolio profile closely mirrors Steiner's TJ Maxx Plaza and Tower Plaza Center, providing the relevant institutional benchmark for Steiner's retail real estate segment.
• Prologis: Prologis is the largest publicly traded industrial REIT globally, focused on logistics and distribution properties. Steiner's Rockland Industrial Park (Tappan, NY) and Arvada CO Industrial are direct comparables at a smaller scale, making Prologis the institutional benchmark for cap rates and tenant demand in the industrial segment.
• Phillips Edison & Company: Phillips Edison & Company is a publicly traded net-lease shopping center REIT focused on grocery-anchored and necessity-based retail. Its tenant mix and strip-center investment thesis overlap meaningfully with Tower Plaza Center and TJ Maxx Plaza, providing a relevant institutional comparator for Steiner's retail strategy.
• AvalonBay Communities: AvalonBay is a large-cap publicly traded multifamily REIT operating across the Northeast, Mid-Atlantic, and West Coast. It is a broad incumbent for Steiner's multifamily segment (Plaza Gardens, Park Lane), offering a benchmark for institutional multifamily operating standards, cap rates, and pricing in the same Northeast corridor.

Direct peers

• Sachem Capital: Sachem Capital is a small-cap publicly traded real estate finance company that originates and holds short-term mortgage loans backed by residential and commercial real estate, primarily in the Northeast. Comparable in scale and regional focus to Steiner, it competes for similar sponsor/operator relationships and represents an alternative small-cap Northeast real estate capital vehicle.
• BRT Realty Trust: BRT Realty Trust is a small-cap publicly traded real estate investment trust that originates and holds multifamily, mixed-use, and commercial real estate assets, frequently through joint ventures with operating sponsors. Like The Steiner Group, BRT operates at the small-to-mid scale, pursues value-add strategies, and works with sponsor/operating partners—a directly comparable small diversified real estate investment vehicle.

Others

• AppFolio: AppFolio is a property management and investment management software platform whose Investor Portal Steiner uses to deliver secure investor login and access to deals. As the operating platform underpinning Steiner's investor-facing workflow, it is a key infrastructure/ecosystem peer rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/TurtleCreekRealEstate
• LinkedInlinkedin.com/company/steiner-real-estate-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Steiner Group