Rivercrest Realty Investors - Staten Island, NY

Rivercrest Realty Investors is a privately held commercial real estate investment and management firm headquartered in Raleigh, North Carolina. Established in 1969, the company has assembled a diversified portfolio of income-producing assets spanning the eastern United States. The firm operates 98 properties across multiple asset classes, with holdings distributed from New York to Florida and extending into the Midwest and Gulf Coast regions. Rivercrest employs a direct management approach, rejecting third-party property management in favor of in-house oversight of all assets. The portfolio includes 86 retail properties, 6 self-storage facilities, 5 multifamily properties, and 1 office building. The company's investment strategy emphasizes neighborhood and community shopping centers that are shadow-anchored by major retailers including Walmart Supercenter, Target, and Costco. Retail acquisition criteria target trade areas with populations exceeding 30,000, while self-storage investments focus on growth markets with populations over 50,000 within a 5-mile radius. The firm maintains a long-term hold strategy with a minimum deal size of $5 million for retail acquisitions. Recent expansion into the self-storage sector reflects the company's adaptive investment approach while maintaining its core retail focus. Geographic concentrations include North Carolina, Georgia, Virginia, South Carolina, Florida, and select Midwest markets.