Riverstone Residential Group to Host Multi-Regional “Parade of Apartment Homes” April 30, 2011

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65 Riverstone Apartment Communities to Participate in Distinctive Event to Support the Children’s Miracle Network

"Riverstone is proud that the 'Parade of Apartment Homes' will contribute to and benefit the Children's Miracle Network, a phenomenal organization," said Maura Bilafer, Division President - Eastern Region, Riverstone Residential Group.

Riverstone Residential Group, one of the largest privately-owned, third-party multifamily property management companies in the United States, will host a multi-regional “Parade of Apartment Homes” on Saturday, April 30, 2011. Spanning across eleven regional areas in the eastern United States, 65 property communities will participate with individual activities and decorated apartment homes on display for prospects and residents. The event features delicious catering at each community and involves an apartment tour that is creative and interactive.

All participating communities will support the Children’s Miracle Network during this special event. The regional areas and number of apartment communities, respectively, include: Atlanta (13); Charleston/Myrtle Beach (5); Charlotte (7); Florida, including Destin and Orlando (11); Memphis (3); and Raleigh-Durham (26). For a complete listing of the properties, see http://www.paradeofapartmenthomes.com. Each property has specific donation goals for the Children’s Miracle Network and raise money from donations through raffles and contests, among other activities.

“The Parade of Apartment Homes is truly a ‘one-of-a-kind’ and special event,” said Maura Bilafer, Division President – Eastern Region, Riverstone Residential Group. “We have been extremely pleased with the success of similar events in individual cities and decided to expand our reach with multiple regions and host a one-day celebration to allow numerous properties to participate. Riverstone’s marketing and related individuals have done phenomenal preparation to make this day happen. ”

“Moreover, Riverstone is proud that the ‘Parade of Apartment Homes’ will contribute to and benefit the Children’s Miracle Network, a phenomenal organization,” added Bilafer.

Children’s Miracle Network Hospitals® raises funds for 170 children’s hospitals across North America, which, in turn, use the money where it is needed the most. When a donation is given it stays in the community, ensuring that every dollar is helping local kids.

Information and details regarding the “Parade of Apartment Homes” may also be found at http://www.facebook.com/TheParadeofApartmentHomes.

About Riverstone Residential Group
Riverstone Residential Group, one of the largest third-party multifamily apartment management companies in the United States, is focused exclusively on the delivery of unparalleled property management, as well as, resident and ancillary services. Riverstone’s core service groups include accounting, affordable housing, compliance and property audits, information technology, risk management, human resources, marketing and education, purchasing, and regional maintenance. Ancillary service groups include utility management services, resident screening and receivables management services, client and resident insurance, as well as financial advisory services. The company manages a portfolio of multifamily assets valued at more than $15 billion for leading institutions, pension funds, developers and other major owners. Located in metropolitan markets across the nation, the more than 650 managed apartment properties include high-rise, mid-rise, and garden-style communities in conventional, affordable and receivership assets. The company is headquartered in Dallas, TX. For additional information, visit http://www.RiverstoneRes.com or e-mail clientservices(at)riverstoneres(dot)com.

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Susan Morrow

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