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StoneRiver Company Completes Sale of 353-Unit The Ridge at Hamilton Crossing Apartment Community Located in Knoxville Submarket

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).

StoneRiver Company Expands Its Growing Team With Addition of Mollie Seymour as Managing Director of Capital Markets

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..

StoneRiver Company Continues Growth in Texas With Acquisition of 344-Unit Pecan Springs Multifamily Community in San Antonio

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.

StoneRiver Company Re-Enters Texas Market With Acquisition of 270-Unit Magnolia Grove Multifamily Community in Dallas Suburb

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,.

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