BIRMINGHAM, AL - StoneRiver Company, a multifamily real estate firm based in Birmingham, Alabama, announces the disposition of The Ridge at Hamilton Crossing Apartments (Knoxville, TN) and the acquisition of Concord Ridge Apartment Homes (Charlotte, NC) within a week of each other.
On July 24, 2023, StoneRiver Company completed the sale of The Ridge at Hamilton Crossing Apartments in Knoxville, TN. The sale marks StoneRiver’s first disposition from StoneRiver Investment Fund II (Fund II).
BIRMINGHAM, AL - StoneRiver Company, a multifamily real estate firm based in Birmingham, Alabama, is pleased to announce that Mollie Seymour has joined the StoneRiver team as the Managing Director of Capital Markets. Mollie will be responsible for leading a team that will identify and recruit prospective investors while maintaining relationships with current StoneRiver investors.
Mollie joins StoneRiver Company from an independent wealth management firm where she served as Market President..
BIRMINGHAM, AL - StoneRiver Company, a multifamily real estate firm based in Birmingham, Alabama, is pleased to announce its acquisition of Pecan Springs, a 344-unit, garden-style apartment community located in San Antonio, Texas. StoneRiver’s in-house property management division, StoneRiver Property Management, is managing the property. StoneRiver re-entered the Texas market in February of this year, with the acquisition of Magnolia Grove Apartments, located in Terrell, Texas. Pecan.
MOBILE, AL - Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of three Mobile multifamily communities that comprise the Mobile 625 Portfolio – Ashford Place, Huntleigh Woods, and Southern Oaks.
Craig Hey and Parker Caldwell of Cushman & Wakefield represented the seller, StoneRiver Company, in the transaction. The multifamily portfolio was acquired by Highlands Vista Group.
BIRMINGHAM, AL - StoneRiver Company, a multifamily real estate firm based in Birmingham, Alabama, is pleased to announce its acquisition of Magnolia Grove, a 270-unit, garden-style apartment community located in Terrell, Texas, a suburb of Dallas. StoneRiver’s in-house property management division, StoneRiver Property Management, is managing the property. StoneRiver has demonstrated prior success in Texas, developing Avocet Apartments, located in San Antonio, in 2017.
Built in 2021,.