CONGRATULATIONS

StoneRiver Earns Dual Recognition as a Top Workplace in 2026

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Year in Review

Company News & Happenings

  • StoneRiver was proudly recognized as a leader in workplace excellence, earning placement on both the Best Places to Work in Multifamily® list and the Best Places to Work in Multifamily® for Women list. These honors reflect the culture we continue to cultivate and the people who bring it to life every day. This recognition would not be possible without the dedication, collaboration, and commitment of our teams across the organization.
  • In support of our growing development platform, the Accounting team successfully implemented Construction Management software in 2025, providing enhanced visibility, improved efficiency, and stronger financial controls across development projects.
  • On February 24, StoneRiver announced the initial equity closing of StoneRiver Investment Fund III, marking another important step forward in the firm’s investment strategy. Shortly thereafter, on March 13, Fund III completed its first acquisition with the purchase of 198 Milltown Apartments, a 288-unit community in Burlington, North Carolina. This acquisition represented a strong start for the fund and reinforced StoneRiver’s continued expansion in high-growth Southeastern markets.
  • Operational excellence was on display throughout the year. During the first quarter, Concord Ridge’s pool received a complete transformation with new plaster and tile, enhancing the resident experience just in time for the warmer months.
  • Momentum continued in July with the announcement of the initial equity closing of the StoneRiver GP Fund on July 17. The GP Fund was formed to offer investors the opportunity to invest alongside StoneRiver in Class-A multifamily developments while participating in GP economics, further aligning investor and sponsor interests.
  • Asset Management delivered another key success during the second quarter by completing the refinancing of Inverness Cliffs, strengthening the asset’s financial position and long-term performance.
  • Leasing achievements also highlighted the year. For the first time since its acquisition in 2023, Concord Ridge reached 90% leased during Q2, reflecting focused leasing efforts and strong market demand. In the third quarter, Vital’s lease-up gained impressive traction, reaching 85% occupancy, and the team closed the year at 88% occupied and 90% leased.
  • In September, SRPM proudly resumed management of Pecan Springs, reuniting with a familiar community and welcoming the team back into the StoneRiver family.
  • Property enhancements continued throughout the portfolio. The WildForest model received a thoughtfully executed design upgrade in Q3, elevating the look and feel of the homes. During the fourth quarter, Inverness Cove refreshed its pool deck with all new furniture, creating an inviting space for residents to enjoy.
  • December brought several notable achievements to close out the year. Magnolia Grove recorded its highest net rental income of the year, a significant accomplishment during a traditionally challenging month. At the same time, WildForest renovation work officially began, launching a comprehensive exterior transformation that includes siding replacement, window upgrades, and fresh exterior paint across all buildings.
  • Together, these milestones reflect a year of disciplined execution, strategic growth, and continued investment in our people, properties, and communities. As we look ahead, the foundation laid in 2025 positions StoneRiver for another strong year of progress and opportunity.
Employee News

New Hires and Promotions

New Hires:

  • Kevin Armendariz, Groundskeeper (Pecan Springs)
  • Terrence Woodfin, Assistant Property Manager (198 Milltown)

Promotions:

  • Dakota Boyd: Promoted to Lead Maintenance Tech at Inverness Cliffs
  • Kelsi Foster: Promoted to Operations Manager, SRPM Corporate

Special New Year Section

It’s the new year, and that means a new you! Right? Every year, millions of people set New Year’s resolutions, but most are abandoned by February. How do we stay on track and meet the goals we so desperately want to achieve? First, raise your hand if you set the same goals every year. I bet a lot of people are raising their hands. We don’t set goals we don’t want to achieve. We set goals with no plan, no meaningful purpose behind them, and with “loopholes.” This year, I want to help you achieve your goals, and to do that, we have compiled the top tips for motivation, money, mental health, productivity, and more!

Motivation: Small Sparks, Big Momentum

Money: Calm, Confident Financial Habits

Mental Health: Sustainable Energy, Not Burnout

Productivity: Work Smarter, Finish Stronger

Upcoming Celebrations

Wellness Challenge

Birthdays

  • 1/07 – Derrian Moore (WildForest)
  • 1/10 – Katie Alexander (SRC)
  • 1/19 – Dakota Boyd (Inverness)
  • 1/26 – Marcus Jefferson (Highlands)
  • 1/27 – Tommy Kaufmann (Pecan Springs)

Anniversaries

  • 1 Year – Jeff Sledden (SRC)
  • 1 Year – Bill Millen (SRC)
  • 2 Year – Caitlin Davis (SRPM)
  • 3 Year – Donald Gambril (SRC)
  • 3 Year – Idovel Cespedes (Terraces)
  • 12 Year –  Jay Watson (WildForest)

Have an Idea?

Would you like to share your stories, ideas, or comments to feature in our upcoming publications? Kindly send your request and a member of the newsletter committee will get in touch if chosen.