StoneRiver raised Fund I, which was structured as a pledge fund, in 2016 to build upon its two-decade track record of acquiring, developing, improving, and operating multifamily real estate in the Southeastern U.S. Fund I acquired six communities in Georgia, Mississippi, and Alabama during its 2-year investment period. Fund I made varying degrees of value-add enhancements to these properties and improved operations through our in-house property management division, StoneRiver Property Management. These improvements allowed Fund I to raise rents across the portfolio and deliver cash flow and solid returns to its investors. Fund I sold the last of its assets in 2022. Fund I demonstrated StoneRiver’s ability to identify, underwrite, and operate high-quality multifamily investment opportunities in the Southeast.
If you’re interested in learning more about investment opportunities with StoneRiver, contact a member of our team for more information.
The views, opinions, and assumptions expressed on this website are subject to change without notice, may not come to pass, and do not represent a recommendation or offer of any particular security, strategy, or investment. This website is not intended to be, nor shall it be construed as, investment advice or a recommendation of any kind. No representation or guarantee is being made that an investor will or is likely to achieve any results shown on this website, make any profit at all, or not suffer losses, from any future investment sponsored by StoneRiver. Past performance is not indicative of future results. It should not be assumed that investments made by the Fund will equal the performance of previous StoneRiver funds or investments or be profitable. Sources of Information: Certain information and data contained herein are based on or derived from information provided by independent third-party sources. StoneRiver believes that such information is accurate and that the sources from which it has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based.