Riverstone Residential Group Reviews

Updated July 28, 2015
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3.5
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Recommend to a friend
Approve of CEO
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Terry Danner
119 Ratings

Pros
  • Riverstone is big on promoting from within, so there is always room for growth (in 11 reviews)

  • 2nd largest multi-family property management company in the U (in 18 reviews)

Cons
  • There is no such thing as a work/life balance (in 16 reviews)

  • Property managers are inexperienced and incompetent (in 21 reviews)

More Pros and Cons

215 Employee Reviews

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  1. I learned a lot from Riverstone

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Leasing Consultant in Renton, WA
    Former Employee - Leasing Consultant in Renton, WA

    I worked at Riverstone Residential Group

    Recommends
    Recommends

    Pros

    Tons of education and support provided.

    Cons

    The property I worked at was under staffed.

    Advice to Management

    Hire more floating help. More onsite visits from corporate.


  2. Leasing Consultant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pembroke Pines, FL
    Former Employee - Anonymous Employee in Pembroke Pines, FL

    I worked at Riverstone Residential Group (More than 8 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Opportunity for growth; variety; portfolio size.

    Cons

    Salaries not competitive; decreased benefits.

    Advice to Management

    Review salary structure


  3. LOVED this Company!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Leasing Consultant in Seattle, WA
    Former Employee - Leasing Consultant in Seattle, WA

    I worked at Riverstone Residential Group part-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    -Great management -Lots of learning -Plenty of opportunities for floating/lease up

    Cons

    -pay cap -not much room to grow in the company

    Advice to Management

    Help employees grow to higher management positions.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Accounting

    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Property Accountant in Seattle, WA
    Former Employee - Property Accountant in Seattle, WA

    I worked at Riverstone Residential Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Great group of people to work with. Growing company.

    Cons

    Pay scale lower than average. Too many layers of management make it hard to actually achieve excellent customer service.

    Advice to Management

    Although metrics can be very useful, it would be better to automate their collection more so that it takes up less time for rank and file personnel.


  6. Great Company, Bad Managers

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Property Manager in Raleigh, NC
    Current Employee - Assistant Property Manager in Raleigh, NC

    I have been working at Riverstone Residential Group

    Doesn't Recommend
    Approves of CEO
    Doesn't Recommend
    Approves of CEO

    Pros

    Great benefits, decent pay and culture. With hard work, easy to move up.

    Cons

    Managers are the worst. Majority of the managers are completely lazy. Extra fake when owners and people from corporate come to town. Managers are above working weekends so you will find yourself working 3-4 weekends.

    Advice to Management

    When you want to visit a community, stop calling letting you managers know you are planning to stop in. You will never get the real deal.


  7. Property Manager

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Riverstone Residential Group full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great training and regional support. Had a lot of internal opportunities for growth. Sister communities always support each other.

    Cons

    As the company got larger as an employee you got lost in the shuffle. Felt like you just became a number not a value.

    Advice to Management

    Increase training and team.events. help sister properties be unified. Value your employees with something more special then an annual award ceremony.


  8. Riverstone review

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Riverstone Residential Group

    Pros

    One of the biggest third party management corporations in the nation.

    Cons

    You become just one of the masses.


  9. Great company, great culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Riverstone Residential Group

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Fast promotion track. Poor performers removed, high performers rewarded with promotions and bonuses. Great company culture.

    Cons

    Long work hours, hard to fire poor performers in a timely manner. High turnover rate

    Advice to Management

    Keep doing a great job. Communication down the ladder is excellent. Don't keep your employees in the dark.


  10. Last year's acquisition was unfortunate, great company to work for.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Community Manager in Albuquerque, NM
    Former Employee - Community Manager in Albuquerque, NM

    I worked at Riverstone Residential Group full-time

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great team atmosphere; managers always try to help out other properties. Very consistent and clear accounting and a/p practices. Very clear expectations and training program. Promote from within!

    Cons

    Riverstone's company culture varies region by region, or really state to state. I absolutely LOVED working for Riverstone in NM but when I transferred to another state my experience was far from great.

    Advice to Management

    No longer pertinent


  11. Lack of Direction

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Riverstone Residential Group

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None at all really. A very disappointing place to work.

    Cons

    All Patronage promotions. Inappropriate working environments.

    Advice to Management

    Go to college



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