Riverstone Residential Group Launches Volunteer and Donation Program to Support Boys & Girls Clubs of America

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Initiative Will Support Quality Youth Development Programs and Services at Clubs Nationwide

We are proud to recognize the extent to which Boys & Girls Clubs of America enriches the lives of youth across the country.

Riverstone Residential Group, one of the largest privately-owned, third-party multifamily property management companies in the United States, announces the launch of a program designed to lend financial and volunteer support for Boys & Girls Clubs of America, a national nonprofit organization with local affiliates nationwide. Boys & Girls Club programs and services promote and enhance the development of young people through after-school educational, career development, character and leadership development, health, life skills, arts, sports, fitness, and recreational programs.

“Boys & Girls Clubs serve nearly 4 million young people nationwide on an annual basis in more than 4,000 Club locations,” stated Terry Danner, chief executive officer at Riverstone. “For more than a century, the organization has demonstrated its commitment to providing effective youth development programs, and we are thrilled to support an organization that enables young people to achieve great futures.”

In addition to making a company-wide donation to Boys & Girls Clubs of America, Riverstone will encourage its associates to oversee donation and volunteer campaigns to benefit local Clubs. To that end, the company will encourage associates in its more than 800 communities and 28 regional offices nationwide to coordinate donation campaigns to benefit their local Clubs, and invite suppliers, residents, and other local partners to participate. Additionally, because Riverstone provides its associates with eight hours of paid time off annually to participate in volunteer projects, the company will encourage associates in communities and regional offices to volunteer at their local Clubs.

“Riverstone’s Reach core value encourages our associates to improve the communities where they live and work through volunteerism and philanthropy,” affirmed Danner. “In the spirit of Reach, we are proud to recognize the extent to which Boys & Girls Clubs of America enriches the lives of youth across the country, and to support the organization’s efforts in providing young people with the tools they need to achieve academic success, live healthy lifestyles, and develop critical life skills that will prepare them to contribute to their communities.”

About Riverstone Residential Group

Headquartered in Dallas, Texas, Riverstone Residential Group is one of the largest third-party multifamily apartment management and services companies in the United States, and is focused exclusively on the optimum delivery of multifamily and single-family property management, core support, ancillary, financial, client, and resident services. Their portfolio currently stands at over $17 billion worth of assets under management, comprised of over 800 communities containing over 175,000 apartment homes. Riverstone holds expertise in core, value-add, and opportunistic investments. They manage a diverse array of class A-C multifamily assets on behalf of leading institutions, pension funds, insurance companies, developers/syndicators, and other major owners, including high-rise, mid-rise, garden-style, lease-up, renovation, multi-use, urban, suburban, senior, and student communities in conventional and affordable assets.

In response to the ever-evolving needs of their clients, Riverstone has created a proactive, scalable, flexible, effective, and efficient third-party management services model that combines national support, core support services, revenue-generating ancillary services, and technology-enabled systems that promote performance. The strength of their national organization is backed by local expertise generated by their presence in 27 local offices and more than 265 cities across the nation. For additional information, visit http://www.RiverstoneRes.com or email info(at)RiverstoneRes(dot)com.

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Kate Sibbern
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