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River Rock
River Rock is a fund manager based in Mooresville, US. It focuses on Buyout investments. The firm has 11 staff members, with 8 being investment professionals.
River Rock
River Rock is a fund manager based in Mooresville, US. It focuses on Buyout investments. The firm has 11 staff members, with 8 being investment professionals.
General information
Firm type
Generalist
Year founded
2013
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Mooresville
Corporate office
517 Alcove Road, Suite 302, Mooresville, NC 28117, United States
Principals
Dan Hughes
Co-Founder
Jerry Mosley
Co-Founder
Sector focus
Frequently asked questions
What is River Rock's investment strategy?
River Rock is a vertically integrated real estate company focused on residential single-family and multi-family 'Built for Rent' communities. The firm specifically targets the 55+ active-adult demographic through its 'Easy Living' brand, acquiring, developing, and managing single-story rental properties. It also operates climate-controlled self-storage facilities.
Who founded River Rock and what was the original thesis?
Dan Hughes and Jerry Mosley founded River Rock. The firm states its origin came from the founders' direct experience trying to find suitable single-level rental housing for their aging parents and grandparents. They identified a structural shortage of this housing type in the U.S., particularly in the Southeast.
Where does River Rock operate?
River Rock's active communities are concentrated in North Carolina, specifically in the Lake Norman region and broader Charlotte metro area. Completed developments include communities in Mooresville, Cornelius, Dallas, Carolina Shores, and Sherrills Ford.
What is River Rock's 'Easy Living' brand?
'Easy Living' is River Rock's branded line of 55+ age-restricted rental communities. Each community is designed as single-story housing intended to bridge the gap between traditional multi-story family homes and assisted living facilities. The design prioritizes accessibility, social connection, and reduced maintenance burden.
How does River Rock structure its operations?
River Rock operates as a vertically integrated platform, meaning it handles acquisition, development, construction, property management, and self-storage operations internally rather than outsourcing these functions to third parties. The firm also maintains an active investor relations function for partnerships.
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