One week before residents are expected to begin moving into the new PerSei luxury apartments at Pike & Rose in White Flint [a.k.a. Rockville/N. Bethesda/Pike District/your name here], developer Federal Realty has switched management for the property. While as of this writing, the PerSei website continues to list Bozzuto as the management firm, a source tells me Riverstone Residential is taking over the role there as of today.
Riverstone is also a large management firm, operating 170,000 units nationwide. They are best known in Bethesda for their prior management of the Park Bethesda apartments on Westbard Avenue. That property is now managed by its landlord, Capital Properties. The Riverstone PerSei management team is scheduled to arrive on-site today, according to a source.
