River Stone Properties LLC (RSP) was established in 2010 by Patrick Merner and Andrew Marr. We are childhood friends who have worked together for over 25 years. We began working in the construction industry since 1990 and founded our own contracting business in 1998. Throughout these years of contracting experience, we gained a keen knowledge about property development and learned the value of quality real estate.
Following the real estate market crash in 2007 we saw an opportunity and began investing in multi-unit properties in the Rhode Island area. At that juncture, we established RSP with a mission of amassing a real estate portfolio of multi-unit properties creating a strong asset base and steady cash flow.
We specifically target the Providence area real estate market where we see both long-term investment value, as well as, an excellent residential and commercial tenant base that provides a steady positive cash flow. As our expertise in the market has grown we now offer our brokerage, consultation, development, and property management services to local businesses and investors looking for assistance in the real estate market.
Our office is located at 335 Hope St. on the East side of Providence. Being that we are experienced real estate investors with a background in construction we specialize in locating quality real estate, property development, tenant location, and property management services.