Thank You National Apartment Association. I will do my best to get this very important information out ASAP to numerous owners, investors, huge property management companies (e.g., Riverstone Residential), attorneys, and judges, AND, of course, to the MANY people who are currently living in MOLD-INFESTED APARTMENT COMPLEXES right now! katy
Riverstone, one of the largest privately-owned, third-party multifamily property management companies in the United States, showcases its single property and portfolio transition expertise in major U.S. metropolitan areas and nationwide with new property management contracts.
“We are thrilled to have earned the opportunity to enhance Riverstone’s portfolio with such vibrant properties in key U.S. markets,” said Terry Danner, President, Riverstone Residential Group.
Dallas, TX (PRWEB) May 26, 2010 – Riverstone Residential Group, one of the largest privately-owned, third-party multifamily property management companies in the United States, has assumed management of five high-profile properties in Los Angeles, San Francisco, Seattle, and Portland. With strong management presence in over 30 states across the United States, these new acquisitions showcase Riverstone’s single property and portfolio transition expertise in major U.S. metropolitan areas.
Riverstone’s new properties include:
Watermarke Tower, a 35-story, 214-unit, high-rise apartment residence in downtown Los Angeles, CA, 905 W. Ninth Street, 90015, http://www.WatermarkeLiving.com
Gardens at Wilshire Center, a 159-unit, mixed-use apartment residence in the Wilshire Center/Koreatown area of Los Angeles, CA, 635 S. Hobart Boulevard, 90005, http://www.GWilshire.com
Argenta, a 20-story, 179-unit, high-rise apartment residence in downtown San Francisco, CA, 1 Polk Street, 94102, http://www.Argenta-SF.com
The Bravern, a 33-story, 232-unit, high-rise apartment residence in Bellevue, WA, 688 110th Avenue NE#404, 98004, http://www.BravernResidences.com
The Ardea, a 323-unit, mid-rise apartment residence in the South Waterfront district of Portland, OR, 3720 SW Bond Street, 97239, http://www.TheArdea.com
The communities will be managed by Riverstone’s Western Division led by Mike Dow, Division President, with the support of four Executive Vice Presidents: Craig Rooney, Southern California; Tom Daniels, Northwest; Lisa Whitesides, Northern California; and Steve Davis, Oregon.
“We are thrilled to have earned the opportunity to enhance Riverstone’s portfolio with such vibrant properties in key U.S. markets,” said Terry Danner, President, Riverstone Residential Group. “We appreciate that our clients have entrusted us with these high profile properties. We will continue to clearly demonstrate our corporate mantra to combine the strength, efficiencies and resources of a national organization with outstanding local market expertise to achieve the highest value for our clients and residents.”
As a proven multifamily transition and operations expert, Riverstone has earned the management of 28 new properties in the first quarter of 2010. The company’s transition process is comprehensive and includes expert teams who coordinate the on boarding of new associates, training, market analysis, and strategic and tactical operations and marketing plans. Riverstone uses a comprehensive new property checklist that organizes all groups to ensure a seamless transition for the properties and their owners.
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
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
Riverstone Residential – Park Plaza – Bedbugs infest popular off-campus housing – “We believe the apartment management took the least expensive route instead of the most effective,” said attorney Lynn Clark
Worst Staff, Worst Apartment, Worst Price – “I’ve lived in over 20 apartment complexes in my life, all over the country, and I will NEVER, EVER live in another Riverstone Residential apartment” – Plaza at the Arboretum