Asset Manager

Updated:

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 logo

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

Real Estate

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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