P.B. Bell Named Champions of Change Awards Finalist

Arian PloszajFeatured News, In The News

Every year, Arizona’s business community proves that success isn’t just measured by revenue or growth—it’s measured by impact. That spirit takes center stage in Az Business magazine’s Champions of Change Awards, an awards event that celebrates the individuals and organizations who are raising the bar for leadership, innovation and philanthropy across the state. From healthcare pioneers and nonprofit visionaries to …

P.B. Bell Celebrates 50 Years of Shaping Multifamily in Arizona

Arian PloszajFeatured News, In The News

On May 10, 1976, Phil Bell started a small multifamily real estate company focused on superior property management and quality apartment homes. Today, P.B. Bell celebrates 50 years of making lives and places better through multifamily development, acquisitions, and third-party management. During the past half-century, the team has developed or acquired over 11,500 units, managed over 55,000 units throughout Arizona, …

Michelle Jenson Featured as Fabulous Mom on fabAZ

Arian PloszajIn The News

Michelle Jenson serves as the Chief Property Officer and designated broker at Scottsdale-based P.B. Bell, where she oversees all functions of its Property Management Division and business development. Follow at: @mmichellejenson Mom to: Jaiden, 22; Kase and Kinslee, 15-year-old twins Hometown: Lake Jackson, TX Favorite ways to spend family time in AZ: Whether it’s grilling by our pool, catching my …

P.B. Bell Launches $125M Multifamily Acquisition Fund, Appoints Keagan Huerta as EVP, Investments

Arian PloszajFeatured News, In The News

P.B. Bell, a leading multifamily real estate company with 50 years in the Arizona market, today announced the launch of the P.B. Bell Multifamily Fund — a $125 million investment vehicle targeting the acquisition of Class A and B multifamily assets across Arizona, with a primary focus on the Phoenix metropolitan area. The company has also appointed Keagan Huerta as …

Multifamily Real Estate Development in the Phoenix Metro Area by Justin Steltenpohl

KristinaFeatured News, In The News

I started working for P.B. Bell, one of Phoenix’s most well-known multifamily developers, 10 years ago. Since that time, the multifamily real estate market has undergone significant change. The Phoenix Metro Area has always been an attractive market, but interest has surged in recent years due to the diversification of the local economy and the unanticipated impact of the COVID-19 …

What’s The Over/Under? Phoenix’s Multifamily Growth Leaves Market Balance In Question

KristinaFeatured News, In The News

Following the onset of the pandemic, Arizona managed to further diversify and expand its economy, cementing its reputation as a top-tier commercial hun – bringing both prosperity and new problems. As residents and businesses poured into the Valley, demand for multifamily housing outstripped supply, leading to higher rents and diminished affordability across the region. Developers responded with a burst of …

Passing The Torch, Justin Steltenpohl Takes Over as CEO of P.B. Bell

KristinaFeatured News, In The News

Long before becoming the CEO of P.B. Bell in 2025, Justin Steltenpohl dreamed of the courtroom. He became an attorney after graduating valedictorian from the University of Toledo College of Law, eventually working with Phil and Chapin Bell as outside counsel for P.B. Bell in 2007. As the company expanded, the need for in-house legal support grew, and Steltenpohl officially …

P.B. Bell CEO Talks Company Culture and Wellness with Social Capital Insider

KristinaFeatured News, In The News

P.B. Bell’s company culture is not only a priority, but it is the key to our nearly 50 years of success. Prior to COVID, we established a culture club whose focus is employee engagement, and they execute various activities throughout the year to encourage collaboration, recognition (such as peer-to-peer recognition for those going above in displaying their values in their …