Terry Danner Is New President of Riverstone Residential

Dallas–Riverstone Residential Group has named 21-year industry veteran, Terry Danner, as President. Danner will report to Walt Smith, Riverstone’s Chief Executive Officer, and oversee the company’s property operations while Smith directs the global operations, business strategy and board of director efforts for the organization. The division presidents for property operations in each region will report to Danner to ensure optimum property performance and cost-effective management of resources.

Previously, Danner served as Riverstone’s chief administrative officer, overseeing the administration of the company’s 32 regional offices throughout the United States and as co-CEO for the western United States. Danner is also a member of Riverstone’s Board of Directors. Danner has also served as president and Chief Operating Officer for Trammell Crow Residential Services.

Along with Danner, Smith also confirmed other key members of his executive team: Christy Freeland, chairman; MarySusan Wanich, COO; Mel Barks, chief performance officer; and Pal Ottesen, chief administrative officer.

Barbara Erhart and Michael Hoffman will continue as CFO and chief legal officer, respectively.

“I am thrilled to have such a capable and committed executive team working alongside me,” says Walt Smith, CEO, Riverstone. “I have had the pleasure of working closely with Danner during the last few years and have the utmost belief in his abilities, expertise in property management and dedication to property performance, clients, and Riverstone associates.”