The Steiner Group and its affiliates have been focused on the acquisition of opportunistic real estate assets since 1999. Since inception, Steiner portfolio properties have been acquired through internal capital sources, outside syndication and within a fund structure. Most of the portfolio properties consist of multifamily assets in addition to retail, industrial and office. The extensive network of brokers we utilize in the New York and New Jersey markets gives us the ability to view opportunities as they become available and act quickly when required, minimizing competition. Our philosophy is to purchase solid, stable properties with below market rental rates in and around New York City. Once purchased, our experienced team begins the process of immediately adding value to the asset. This value is created through interior and exterior renovation, implementing proper management guidelines with tenants, and maximizing rental increases upon turnover.