Portland Business Journal – by Wendy Culverwell Business Journal staff writer
The Clackamas Village Apartments, a 372-unit property in Happy Valley built in the late 1980s, sold to a California-led investment group for $20.75 million, or $55,779 per unit.
The Matteson Cos., a real estate investment management firm based in Redwood, Calif., acquired the property on behalf of a group of private investors. The company also owns Portland’s Harrison Tower apartments.
The Clackamas Village deal includes the assumption of two Freddie Mac mortgages totaling $16.4 million. The new owners will rename the property “Reflections at Happy Valley.”
The deal comes on the heals of the June 10 sale of Tupelo Alley on North Mississippi for $38.75 million to an investment fund managed by Dallas-based Behringer Harvard in a deal that closed June 10.
Riverstone Residential will manage the property.
Neighbors, planning commissions express concerns about Menlo Park development proposal – Matteson Companies
Information about Riverstone Residential, the Louisiana Housing Finance Agency, and the owners of Jefferson Lakes Apartments in Baton Rouge, Louisiana allowing tenants to be exposed to extreme amounts of toxins from molds by intentionally concealing evidence
Irrefutable evidence indicates that Riverstone Residential, Guarantee Service Team of Professionals, & plaintiffs’ attorney, J Arthur Smith III, must have agreed to exclude evidence that would have shown the owners of Jefferson Lakes Apartments & Riverstone Residential had knowledge of the severe MOLD INFESTATION at the complex before we moved in
Riverstone Residential Litigation
TRUTH OUT Sharon Kramer Letter To Andrew Saxon MOLD ISSUE
National Apartment Association Tells Its Members MOLD CAUSES DEATH; Tells Courts It Doesn’t With The Help of US Chamber and UCLA
FEMA Using US Chamber Fraud in Katrina Trailer Litigation; EPA, GAO & Both Isle$ of Congre$$ Turn Blind Eye$
New Action Committee – ACHEMMIC- Urges Transparency in EPA Policy Over Mold & Microbial Contaminants
Truth About Mold – the most up to date, accurate, and reliable information on Toxic Mold
Sociological Issues Relating to Mold: The Mold Wars
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
Park Lane Seaport Apartments – Boston – Riverstone Residential Group – Rude, Unfriendly, Bad Facilities, Charging me one month extra to my rent
A Serious Shame – Monterey Springs Apartments managed by Riverstone Residential – “…office staff is regularly misinformed & HIGHLY disorganized”
“I am utterly afraid of this place” – Devonshire Square Apartments managed by Riverstone Residential
Riverstone Residential Group Complaints – Village at Van Mall Apartments – Lack of maintenace service
Spring Meadows – Managed by Riverstone Residential Group – “Sheisty”
Riverstone Residential – Carmel House Apartments Complaints – Mold Complaint led to Retaliatory Eviction
Why should the mold deluxe floor plans cost the same as the clean mold free floor plans – Lexington Farms Apartments – Riverstone Residential
Riverstone Residential – Mariners Crossing – Maintenance says corroded black growth on the water heater is “suppose to look like that”
Riverstone Residential – Lexington Farms Apartments – Warning. Unhealthy. Dangerous. Conditions
MOLD Problems at Lexington Farms Apartments managed by Riverstone Residential – Tenant charged for MOLD REMOVAL???
Riverstone Residential Seattle Complaints – Illegal Business Practices
Complaints Board.com – Riverstone Residential Group Complaints – Invalid Billing upon Move-Out
Riverstone Residential – CAS Partners – Illegal business practices – Mold in Apartment
Links on “U.S. Green Building Council” Facebook – Comment – Please send this to my management company, Riverstone Residential
Lawsuits – affordable housing issues – Blackrock Realty Advisers, CSHV Arboretum, & Riverstone Residential CA
Riverstone Residential – Plaza at the Arboretum – City Hall sues to enforce affordable housing agreement
Riverstone – City Hall finds violations at Arboretum
Riverstone Residential – Park Plaza – Portland State students sue over bedbugs – Video
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
Riverstone Residential might want to consider attending the ‘Bed Bugs Webinar for Rental Property Owners’ hosted by The National Apartment Association & Orkin
Belltown Moda Apartments Has Its Balconies Repossessed – managed by Riverstone Residential
Riverstone Residential – New Condo Nightmare – CHS Capitol Hill Seattle Blog
Eagle Place Townhomes managed by Riverstone Residential – Residents say affordable housing complex ‘feels like a prison’
How Some Kids in Lafayette, Colorado Won the Right to Play Outside Again
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
Riverstone Residential – Pet Friendly??? Not at Toxic Mold Infested Jefferson Lakes Apartments
Lastest Review (including the mold problem) – Toxic mold Infested Jefferson Lakes Apartments – Managed by Riverstone Residential
Complaints Board.com – Serenade at Riverpark Oxnard aka Riverstone Residential – Spawn of the Devil
Riverstone Residential – Review – Crest at Lone Tree – THIS MANAGEMENT COMPANY WILL BREAK THE LAW
A mold problem (among many others) at Alexan Laguna Beach Apartments in Panama City Beach managed by Riverstone Residential – A Tenant’s Experience & Photos
Latest Review – Lowman Building – Seattle, WA – Managed by Riverstone Residential – Run Away from this Property!
Multi-Housing News Blog – Stimulus Package for your Complex – Riverstone Residential – Cheap Entertainment
Complaints Board.com – Riverstone Residential Complaints – Unfair Housing Practices – Georgian
Latest review of toxic mold infested Jefferson Lakes Apartments – PROCEED WITH CAUTION!!!!
Riverstone Residential-Management Challenged?
Riverstone Residential settles a discrimination lawsuit with the Equal Employment Opportunity Commission (“EEOC”) for $30,000
JobVent – Employee Review of Riverstone Residential Group
Multi-Housing News – How Top CEOs Are Dealing With Rising Energy Costs, Other Challenges – CEO – Riverstone Residential