What We Do
StoneRiver is a team-driven company that acquires, develops, and manages multifamily real estate opportunities. For nearly 25 years we have grown into an investment company that has invested over $1 Billion in assets across the Southeast. What sets us apart is not only the tenured team behind our investment strategies but also the value we create through focused property and asset management. Our expertise in Southeast markets and our track record as owners and operators have consistently proven to generate superior risk-adjusted returns.
Our tenured team is committed to thoroughly underwriting, analyzing, and evaluating every detail of an investment opportunity before we decide to invest. Because the discipline it takes to fundamentally understand the details are often what distinguishes a good investment from a great investment. It’s where our deep-rooted understanding of Southeast markets makes all the difference. It's why we relentlessly stress test investment opportunities to understand and mitigate potential risks. It’s why we work tirelessly to develop long-term relationships with lenders, brokers, and partners that share our interests. And it’s the reason we are extremely selective in the investments we make and the realistic returns we project. The first dollars we invest are always our own, so you can be certain we believe in the investment choices we make for our clients.
- Property Types
- Industrial/Warehouse (6)
- Land (8)
- Multifamily (44)
- Office (8)
- Retail (8)
- 3300 5th Avenue South – Birmingham, AL
- American Pipe & Supply Birmingham – Birmingham, AL
- American Pipe & Supply Nashville – Nashville, TN
- Oxmoor South – Birmingham, AL
- Perimeter Industrial Park – Bessemer, AL
- St Augustine – St Johns County, FL
- BMB – Birmingham, AL
- Chilton County – Hubbard, AL
- Harpersville – Harpersville, AL
- Lakeshore Crossings – Birmingham, AL
- Land Energy – Jasper, AL
- Limestone Springs – Birmingham, AL
- Monroe County – Hybart, AL
- Shelby ES – Birmingham, AL
- 33rd Street – Birmingham, AL
- Arlington Park Apartments – Mobile, AL
- Avocet – San Antonio, TX
- Baycourt – Birmingham, AL
- Bridgewater Apartments – Huntsville, AL
- Caldwell Parc – Birmingham, AL
- Carlisle Terrace – Birmingham, AL
- Clairmont – Birmingham, AL
- Crescent Commons – Fayetteville, NC
- Crestwood Manor – Little Rock, AR
- Crowne Garden Apartments – Greensboro, NC
- Crowne at Ormond Beach – Ormond Beach, FL
- Crowne at Razorback Road – Fayetteville, AR
- Crowne at Swift Creek – Midlothian, VA
- Crowne at the Summit – Louisville, KY
- Davis House – Birmingham, AL
- Greene House – Birmingham, AL
- Hampton House – Jackson, MS
- Hampton Place – Columbus, GA
- Hermosa – Birmingham, AL
- Highland Court – Birmingham, AL
- Highlands – Birmingham, AL
- Holcombe Heights – Little Rock, AR
- Inverness Cliffs – Birmingham, AL
- Lakeshore Ridge – Birmingham, AL
- Lakeview – Birmingham, AL
- Oaks of St. Clair – Moody, AL
- Park Manor – Birmingham, AL
- Ridge at Hamilton Crossing – Maryville, TN
- Ridgeland Ranch – Jackson, MS
- Rise at Signal Mountain – Chattanooga, TN
- South Hill – Birmingham, AL
- Stratford – Birmingham, AL
- Sycamore Manor – Birmingham, AL
- The Heights – Montgomery, AL
- The Palms of Mt Pleasant – Mt Pleasant, AL
- The Phares – Birmingham, AL
- The Village at Apison Pike – Ooltewah, TN
- The Village at Lakeshore Crossings – Birmingham, AL
- The Village at Westland Cove – Knoxville, TN
- Tracewood Apartment Homes – Jackson, MS
- Westmont Commons – Asheville, NC
- Wildforest Apartments – Homewood, AL
- Wildwood Crossings – Birmingham, AL
- Butler Pointe – Jacksonville, FL
- Concord Center – Birmingham, AL
- East London I – Birmingham, AL
- East London II – Birmingham, AL
- East London III – Birmingham, AL
- One Highland – Birmingham, AL
- ServistFirst – Birmingham, AL
- Shades Parkway – Birmingham, AL
- CVS Cahaba Heights – Cahaba Heights, AL
- Clanton Shopping Center – Clanton, AL
- Dolphin Square – Gulf Breeze, FL
- Foley Commons – Foley, AL
- Mitchell Farms – Newport Richey, FL
- Shops at Hamilton Mills – Dacula, GA
- Town Brookhaven – Atlanta, GA
- Weathersfield Commons – Dunedin, FL
We were founded in 1995 to manage real estate investments for high-net-worth individuals. Over time our track record of success, depth of relationships, and disciplined approach to real estate investing drew the interest of numerous outside investors. Today, StoneRiver invests in and manages multifamily real estate across the Southeast, with fully integrated, in-house property management, development, and construction management capabilities. To date, we have acquired, renovated, or developed more than $1 billion in assets across 12 states.
Under Management$1 Billion
Chairman & CEO
Benny M. LaRussa, Jr. is the Chairman and CEO of StoneRiver. He has experience with all forms of real estate investing including multifamily, office, industrial warehouse, retail, timber, and mining operations. Since 1988, the acquisition, disposition, and management of real estate assets have been a major focus of Benny’s professional career. His career began in the banking and finance sector where he worked at the First National Bank of Birmingham (now Regions Bank). He later became a founding member of First Commercial Bank and Canterbury Trust, both of which were sold to Synovus Financial Corporation in the 90s. Since the formation of StoneRiver, Benny has worked diligently to develop a team of real estate professionals possessing the technical expertise, accountability, and management and leadership skills needed to be a leading real estate company in the Southeast.
Benny currently serves on the Board of Directors of First Commercial Bank, Security Engineers, StoneRiver, Fenwick Brands, American Pipe and Supply, and the Auburn University Foundation. Additionally, he serves as Chairman of the Joseph S. Bruno Charitable Foundation. He was a director of Bruno’s Corporation until 1995 when the company was sold to KKR.
Benny is a graduate of Auburn University with a B.S. in Finance and a Master’s in Public and Private Business from Birmingham‐ Southern College.
President & CIO
Joseph Welden is a Birmingham native and President and CIO of StoneRiver. His responsibilities include strategic leadership, identifying and assessing new and existing investments, leasing and brokerage, and managing the operations of StoneRiver and StoneRiver Property Management, LLC. He is a former member of the Board of Directors for Innovation Depot, a member of the Monday Morning Quarterback Club, a member of the Kiwanis Club of Birmingham, and a former President of the Junior Board of Directors for the Birmingham Zoo.
Joseph graduated cum laude from Hampden-Sydney College with a B.A. in Mathematical Economics. He earned a Master’s in Financial Mathematics from Florida State University and an M.B.A. from the University of Alabama.
Senior Vice President & General Counsel
Colin Moorhouse serves as StoneRiver’s Senior Vice President and General Counsel. Colin’s responsibilities include all legal aspects of StoneRiver’s real estate developments, acquisitions, and divestitures and overseeing the company’s risk management disciplines.
Colin is a member of the Rotary Club of Birmingham, the Advisory Board for the UAB Comprehensive Cancer Center, the Monday Morning Quarterback Club, and the New Element Board for the McWane Center. Before joining StoneRiver, Colin was a partner in the Banking and Corporate groups at Bradley Arant Boult Cummings LLP. Colin graduated from Randolph-Macon College with degrees in Business/Economics & Political Science, and he received his law degree, with honors from the University of Maryland School of Law.
Executive Vice President of Finance and Accounting & COO
Jeff Harris serves as StoneRiver’s COO and Executive Vice President of Finance and Accounting. Jeff is responsible for the financial and accounting operations of StoneRiver and its affiliates. This includes all corporate, property, and development finance and accounting. Jeff also oversees StoneRiver Property Management.
Prior to joining StoneRiver, Jeff was the CFO for Asset Management and Consulting Services (AMCS), a multifamily real estate investment firm in South Carolina. Prior to AMCS, Jeff led the finance and treasury operations of Savannah College of Art and Design where he developed their fund management strategy and managed the leased/owned real estate holdings.
Jeff graduated from the University of South Alabama with a degree in Banking & Finance, and he received an M.B.A. from Emory University.
Executive Vice President of Tax and Corporate Strategies
Jim Richardson serves as StoneRiver’s Executive Vice President of Tax and Corporate Strategies. Jim is responsible for working with the Senior Management Team in the development and execution of the firm’s strategic initiatives and the implementation and supervision of tax strategies. Jim’s extensive knowledge and experience benefit both StoneRiver Company and its investors.
Prior to joining StoneRiver, Jim served as a Partner for RSM US, the leading U.S. provider of audit, tax, and consulting services to middle-market clients.
Managing Director of Capital Markets
Mollie Seymour serves as Managing Director of Capital Markets for StoneRiver Company. Mollie’s expertise serves as an invaluable asset for StoneRiver’s capital raising, investor relations, reporting, and marketing efforts. Mollie will be responsible for leading investor activity for prospective investors and maintaining relationships with current StoneRiver investors.
Mollie joined StoneRiver from a leading, independent wealth management firm where she served as Market President. Her career history includes serving individuals, families, endowments, and foundations in a fiduciary capacity. Her experience has helped families manage, protect, grow, and transfer wealth from one generation to the next. Mollie is active in the industry by being a member of the Estate Planning Council of Birmingham and the Alabama Association of Charitable Gift Planners.
Mollie received her bachelor’s degree in business administration with majors in Banking and Finance and Managerial Finance from the University of Mississippi in Oxford, Mississippi. She is also a graduate of the American Bankers Association’s National Graduate Trust School.
Nino Yu Tiamco
Vice President of Investor Relations
Nino Yu Tiamco serves as StoneRiver’s Vice President of Investor Relations. He is responsible for StoneRiver’s capital raising, investor relations, reporting, and marketing efforts.
Prior to joining StoneRiver, he was an associate at Bradley Arant Boult Cummings LLP, where he worked on mergers and acquisitions, private equity, and corporate finance transactions.
Nino received a B.S. in mathematics, summa cum laude, from Birmingham-Southern College and a J.D., with honors, from The University of Chicago Law School. He serves on the Junior Boards of the Alabama Symphony Orchestra and Urban Ministry.
Vice President of Property Management
Catherine Holcombe serves as StoneRiver’s Vice President of Property Management. Catherine oversees the management of StoneRiver’s portfolios of apartment communities, our talented on-site staff, and our properties’ revenue and expense management initiatives.
Prior to joining StoneRiver, Catherine was a Regional Vice President with a Birmingham-based property management company, where she worked with a wide range of developers and operators in various commercial real estate sectors, developing expertise in both lease-ups and stabilized properties. Catherine oversaw the successful lease-ups of The Pizitz Building, The Denham Building, 20 Midtown, and Flats on 4th.
Catherine is an active member of the Greater Birmingham Apartment Association and NextGen CPM Leaders Program with the Institute of Real Estate Management. She is an Accredited Commercial Manager through the Institute of Real Estate Management and a CPM Candidate.
Vice President of Accounting
Tim Fitzpatrick serves as StoneRiver’s Vice President of Accounting. Tim is a licensed CPA with 15+ years of experience serving the real estate industry. His responsibilities include financial accounting and reporting for the company’s real estate investments.
Prior to joining StoneRiver, Tim was Vice President of Accounting for Graham Commercial Properties where he played a lead role in implementing the financial processes for the firm’s fund platform. Previously, Tim served as the Director of Accounting for Colonial Properties Trust where his team supported the company’s multifamily and commercial divisions.
Tim graduated from Auburn University with a B.S. in Accounting and received a Master’s in Accountancy.
Vice President of Human Resources
Amy Lazenby, SHRM-CP serves as Vice President of Human Resources for StoneRiver Company and StoneRiver Property Management.
Amy has 15+ years in Human Resources with experience leading recruiting, benefits, and employee relations. Prior to joining StoneRiver, Amy was Director of Human Resources at The Altamont School. Prior to The Altamont School, Amy was a Consultant with Lee Hecht Harrison in Birmingham, AL.
Amy graduated from Auburn University with a B.S. in Business Administration with an Accounting major.
Director of Construction
Stuart Mackintosh serves as StoneRiver’s Director of Construction. Stuart is responsible for the successful execution of StoneRiver’s new development and value-add construction. Prior to joining StoneRiver, Stuart spent several years in various capacities with Gray Construction where he managed the estimating, design, and construction processes for new and existing facilities throughout the Southeast.
Stuart graduated from Sewanee, The University of the South with a bachelor’s degree in Political Science. He also earned a Master of Building Construction from Auburn University where he received the department’s “Outstanding Graduate Student of the Year” award.
Blake Sellers serves as an Investment Associate for StoneRiver Company. In this role, Blake is responsible for sourcing and evaluating investment opportunities, underwriting and developing business plans for target real estate, and assisting in other aspects of the acquisitions process. Blake works with the asset management, finance, legal, and operations teams to ensure new investments align with StoneRiver’s investment strategies. Blake joined StoneRiver in 2019 as a Business Intelligence and Pricing Analyst and quickly rose to the ranks of Investment Analyst and Investment Associate.
Blake, a native of Tuscaloosa, received a B.S. in Marketing and Management and an M.B.A. from The University of Alabama.
Donald Gambril serves as Investment Associate for StoneRiver Company and, in this role, sources and evaluates new investment opportunities and underwrites and develops business plans for multifamily acquisitions and other opportunistic real estate investments. Donald works in conjunction with the asset management, finance, legal, and operations teams to ensure new investments are aligned with StoneRiver’s investment strategy.
Prior to joining the StoneRiver team, Donald was in investment sales, serving as Director for a privately-held multifamily advisory firm where he was involved in over $1B in transactions across the Southeast. In that role, he sourced business and managed transactions to help clients achieve their goals.
Donald, a native of Birmingham, received a B.S. in Finance and an M.B.A. from The University of Alabama.
Director of Marketing
Kristy Medley serves as StoneRiver's Director of Marketing and leads corporate marketing to ensure the company’s brand is aligned with its investment objective. As a brand strategist, she is responsible for developing and leading the marketing and public relations strategies for StoneRiver Company and StoneRiver Property Management.
Prior to joining StoneRiver, Kristy was the Marketing Director with Signature Homes where her wide range of knowledge and experience in marketing strategy, website design, digital marketing, and branding made significant contributions to growth and profitability. She has over 10 years of marketing experience and received a B.S. in Marketing from the School of Business at Jacksonville State University.
Taylor Marie Hardy
Taylor Marie serves as StoneRiver’s Asset Manager. Taylor Marie leads StoneRiver’s effort to drive asset operational and financial excellence. Her role includes the generation of operational and transactional analyses, collaboration on construction and renovations, and coordination of investor and lender communications.
Prior to joining the StoneRiver team, Taylor Marie led a team in financial reporting and analysis for a rapidly growing technology company. She started her career in public accounting as an auditor for PricewaterhouseCoopers.
Taylor Marie graduated Magna Cum Laude from Samford University with a B.S. in Business Administration majoring in Accounting and Finance. Taylor Marie also holds a Master’s in Accountancy from the University of Georgia.
StoneRiver Investment Fund II Advisory Committee
David Brown is President of Jemison Investment Co., Inc., a diversified investment holding and management company located in Birmingham, Alabama with interests in a variety of industries. He has been an officer of Jemison for over 30 years. David began his career in New Jersey with United States Lines before moving to New York City to work for Cyrus J. Lawrence Inc., an institutional investment banking firm.
David serves as a director or trustee to many organizations including Grace House Ministries, Inc., the University of Alabama at Birmingham’s Comprehensive Cancer Center, the Alabama Symphony Orchestra, The Children’s Hospital of Alabama, McKinney Capital, Graham & Company, and IBERIABANK.
David received an MBA and JD from the University of Alabama and a BS in Business Administration from Louisiana State University.
Paige Hood retired in 2019 after 31 years with PGIM Real Estate Finance (Prudential), a global commercial, multifamily and agricultural mortgage lender. Paige was the Chief Investment Officer and Senior Portfolio Manager.
In these roles, he served as the portfolio manager for Prudential’s General Account portfolio, which grew from $16.3 billion to over $60 billion during his tenure. Paige was also responsible for setting investment policy and strategy, as well as overseeing the credit approval process for the portfolio, which consisted of primarily fixed-rate term loans secured by apartment, office, retail, industrial and hotel properties.
Paige currently serves on the Board of Directors of Empire State Realty Trust. Paige received a BS in Finance and an MBA, both from Louisiana State University. He is a past chairman of the Commercial/Multifamily Finance Board of Governors of the Mortgage Bankers Association. Paige resides in Atlanta, Georgia.
Scott Olson is the CEO of Pathway Healthcare, a private company that provides a network of addiction treatment and recovery centers with headquarters in Birmingham, Alabama. He is also a Partner of Turtle Creek Holdings, private equity and venture capital firm based in Dallas, Texas.
Scott was previously the CoFounder and Managing Director of PBL, an asset-based hedge fund, and practiced law with several firms. Most notably, he was the Managing Shareholder of the Dallas office and Global Co-head of the Structured Finance and Derivatives Group for the law firm of Greenberg Traurig, LLP.
Scott received a BS in Accounting from the University of Alabama at Birmingham and a JD from Vanderbilt Law School. Prior to college, Scott served in the United States Air Force. Scott currently serves on numerous business, philanthropic and ministry boards both nationally and internationally. He also enjoys spending his downtime with his wife and three children.
- 2151 Highland Avenue South Suite 200Birmingham, AL 35205
- (205) 879-0870