Over the past two-and-a-half years, Riverstone has dynamically increased its presence in major metropolitan markets across the country. The company's portfolio of managed communities also increased significantly, the result of strong client-focused practices and the strategic acquisition of regional management companies. The Dallas-based organization has 31 offices and 5,000 associates nationwide, and it continues to expand its presence to address the growing needs of clients. Riverstone currently manages a portfolio of apartment assets valued at $25 billion for many of the nation's top apartment owners. By the end of November, the firm's portfolio will include approximately 200,000 units, representing high-rise, mid-rise and garden-style communities.

The new organizational structure positions the Dallas-based company for sustained growth and increases the focus on client services by enhancing core capabilities, strengthening internal systems and practices, creating a new client services group, and redefining the leadership roles of co-founders Christy Freeland and Terry Danner.

Christy Freeland assumes dedicated direction as CEO of Riverstone Residential Group. She is responsible for oversight of national operations, along with the internal resources, financial services and information systems divisions within the company.

As CEO of the newly created Riverstone Group Client Services and Business Development, Terry Danner is focused on client relations and new business development, working closely with leading institutions, developers, pension funds and other major owners.

"We are known for our strong partnering approach," said Terry Danner. "The new client services group underscores our commitment to optimize our strategies and services on their behalf."

"Our new structure also allows us to further expand our management capabilities with additional systems and resources, providing benefits for our clients, residents and associates," Christy Freeland said.