Riverstone Names Patricia Bowen EVP of Compliance Services

Patricia Bowen

Dallas–Riverstone Residential Group has named 25-year industry veteran, Patricia Bowen as executive vice president of compliance services. Bowen will oversee the Tax Credit Compliance program, HUD Bond programs, and other affordable housing programs. In addition, she will manage Riverstone’s internal audit programs in the company’s Quality Assurance Group.

Bowen has experience in numerous management and leadership positions. She was in property management with AIMCO for the past 14 years where she was most recently, vice president of compliance, and managed a team of thirty compliance specialists. In addition, Bowen also held the position of vice president of property operations-affordable, and vice president of process improvement.

Along with notable highlights in her career, one of Bowen’s most notable achievements was the successful implementation of a new operating platform for managing approximately 35,000 subsidized apartment units. This same operating platform has now been deployed for 76,000 conventional units.

“We are thrilled to have Bowen join our team,” says MarySusan Wanich, Riverstone’s Chief Operating Officer. “Riverstone has one of the most progressive compliance and audit programs in the country and with her vast property, operational, and regulatory experience, she is the perfect fit to lead the company’s ongoing commitment to provide the best in these services to our clients.”

Bowen will report to Wanich and will be based in Riverstone’s Denver office.