Riverstone evolved into the largest third-party multifamily manager in the United States, overseeing $16 billion in assets across 175,000 units. Established in 2006 as a US-based national multifamily management company, the team comprised over 6,000 staff and operated from 32 nationwide offices.
Regis acquired Riverstone in 2006, establishing it as a national multifamily management company in the US. Under Regis's leadership, Riverstone became the country's largest third-party multifamily manager.
Riverstone's expansive operations included a dedicated team of 6,000 staff working across a national network of 32 offices. In 2014, Regis sold Riverstone to Greystar.
Founded in 2014 in partnership with Blackstone, B2R Finance grew into a scaled platform originating over $1 billion annually for single-family rental landlords.
B2R Finance (now Finance of America Commercial) was formed to address a void in the U.S. mortgage market catering to buy-to-let landlords.
In early 2015, B2R achieved a milestone by introducing the first-ever multi-borrower Single Family Rental securitization, effectively pioneering a new institutional asset class.
Notably, B2R bonds have demonstrated strong performance, with most tranches of the issuances receiving positive rating upgrades over time.
Launched in 2021 with nearly $1 billion in committed investment, Pathway Homes was formed to help provide a bridge from renting to owning through rental with option-to-purchase offerings. It is located in six major US markets and primarily focuses on new-build housing.
Pathway addresses the needs of customers who want to buy and have good financials but cannot afford a home today due to rising home prices and high mortgage rates.
Pathway offers customers innovative housing solutions that drive attractive investment opportunities through secure income with good growth potential.
Founded in 2021 in partnership with Ares, Haven is a leading investor in new, modern ground lease investments for commercial real estate assets across the US. Haven has over $1 billion of funding committed.
Regis identified an opportunity to bring its knowledge of UK ground rents (a common specialty financing tool) to the US to enable commercial real estate owners to capitalize on deals more effectively at a lower cost of capital.
Regis formed Haven Capital, in partnership with affiliates of Ares Management, to offer a highly specialized modern ground lease product that matched the objectives of real estate owners with those of long-duration investors seeking an inflation hedge.
Haven has been an innovator in delivering products highly configured to the needs of real estate owners and currently offers the only prepayable ground lease product.
Forward Housing is a real estate investment firm focused on acquiring, rehabilitating, and preserving Affordable Housing throughout the United States. It focuses on properties that utilize Section 8 rental subsidies and Low-Income Housing Tax Credits (“LIHTC”).
Forward Housing was founded in 2021 as a Regis portfolio company and R4 Capital affiliate.To date, Forward Housing has invested nearly $250 million in total enterprise value, maintaining over 1,000 units in Affordable Housing programs.
It leverages R4’s deep expertise in US affordable housing programs to acquire existing affordable housing properties and rehabilitate them with a focus on long-term preservation.
Forward Housing’s growing portfolio includes properties serving families and seniors, with rents maintained at affordable levels through the Section 8 and Low-Income Housing Tax Credit programs.
Founded in 2011, R4 is one of the US's largest affordable housing investment managers. It manages $10 billion in equity and debt assets on behalf of 130 institutional investors.
R4 Capital enables new affordable housing development and ensures existing affordable housing remains in the program. R4 Capital’s portfolio comprises over 60,000 Low-Income Housing Tax Credit (LIHTC) units and more than 25,000 Section 8 units, with assets across 49 US states and territories.
All R4 Capital LIHTC funds are performing at or above their projected initial IRR based on the tax law in effect at the applicable fund closing. R4 is headquartered in New York City and employs 100 affordable housing experts.
Founded by Regis in partnership with Blackstone in 2012, Invitation Homes was the first large-scale provider of high-quality Single Family Rental (“SFR”) housing in the United States, with $10.9 billion TEV invested in nearly 50,000 homes.
Invitation Homes was formed as the first large-scale institutional-quality SFR owner and operator to provide quality rental housing across the United States.
Invitation Homes addressed the needs of large numbers of Americans coming out of the Great Financial Crisis and invested in communities to fix up post-foreclosure homes, rent them, and provide a high-quality living experience. With Invitation Homes, Regis created industry-defining new systems and processes to acquire, renovate, lease, and manage SFR properties at scale.
Invitation Homes (NYSE: INVH) completed its IPO in 2017 and is now an S&P 500 listed company.