May 11, 2010
(PRWeb.com via COMTEX) —-Riverstone Residential Group (http://www.RiverstoneRes.com), one of the largest privately-owned, third-party multifamily property management companies in the United States, has named 25-year industry veteran, Patricia Bowen, Executive Vice President of Compliance Services. Among her varied responsibilities, Bowen will oversee the Tax Credit Compliance program, HUD Bond programs, and other Affordable Housing programs. In addition, she will manage Riverstone’s internal audit programs in the company’s Quality Assurance Group.
Bowen boasts diversified and rich industry experience in numerous management and leadership positions. She was in property management with AIMCO for the past 14 years where she was most recently, Vice President of Compliance, and managed a team of thirty Compliance Specialists. In addition, Bowen also held the position of Vice President of Property Operations – Affordable and Vice President of Process Improvement.
Along with notable highlights in her career, one of Bowen’s most notable achievements was the successful implementation of a new operating platform for managing approximately 35,000 subsidized apartment units. This same operating platform has now been deployed for 76,000 conventional units.
“We are thrilled to have Patricia join our team,” said MarySusan Wanich, Riverstone’s Chief Operating Officer. “Riverstone has one of the most progressive compliance and audit programs in the country and with her vast property, operational, and regulatory experience, she is the perfect fit to lead the company’s ongoing commitment to provide the best in these services to our clients.”
Bowen holds a master’s degree in organizational management, a bachelor’s degree in human resources management and several professional accreditations. She will report to Wanich and will be based in Riverstone’s Denver office as of May 10, 2010.
Political Action Committee – National Apartment Association (NAA) files Amicus Brief in mold case (two infant deaths in mold filled apt – Wasatch Prop Mgmt) citing US Chamber/ACOEM ‘litigation defense report’ to disclaim health effects of indoor mold & limit financial risk for industry
“Changes in construction methods have caused US buildings to become perfect petri dishes for mold and bacteria to flourish when water is added. Instead of warning the public and teaching physicians that the buildings were causing illness; in 2003 the US Chamber of Commerce Institute for Legal Reform, a think-tank, and a workers comp physician trade organization mass marketed an unscientific nonsequitor to the courts to disclaim the adverse health effects to stave off liability for financial stakeholders of moldy buildings. Although publicly exposed many times over the years, the deceit lingers in US courts to this very day.” Sharon Noonan Kramer
Information on Riverstone Residential, the Louisiana Housing Finance Agency, and the owners of Toxic Mold Infested Jefferson Lakes Apartments in Baton Rouge, Louisiana continuing to allow tenants to be exposed to extreme amounts of mold toxins
Irrefutable evidence indicates that Riverstone Residential, Guarantee Service Team of Professionals, & plaintiffs’ attorney, J Arthur Smith III, must have agreed to exclude evidence that would have shown the owners of Jefferson Lakes Apartments & Riverstone Residential had knowledge of the severe MOLD INFESTATION at the complex before we moved in