About Waterford Residential

Waterford Residential, LLC is the property management affiliate of Stoneleigh Companies, LLC, a private real estate company focused solely in the multi-family housing space since 2008.  Our current portfolio includes five occupied communities and two communities under construction in Michigan and Wisconsin and two communities in pre-development in Iowa and South Carolina.

Since 1983, my goal has been to develop communities across the country that will stand the test of time with top-quality creative homes for our residents while providing our investors with excellent returns.

Rick Cavenaugh


Waterford Bluffs :: Cleveland, OH



Stoneleigh Companies is a private real estate investment company focused on the acquisition and development of income producing multi-family properties. The principals and officers of Stoneleigh are experienced in all aspects of commercial real estate development, finance and operations, and have been operating on a national platform since the early 1980’s.

With an extensive track record in multi-family, the Stoneleigh team is currently focused on development of new communities including our most recent concept Savannah-Living, a series of single-story build-to-rent communities featuring superior amenities, floor plans and locations.  Stoneleigh continues to consider acquisitions of existing apartment communities on a targeted basis when investment fundamentals are aligned with our investor base.  Our operating portfolio is 98.5% leased and our newest addition is Waterford Bluffs in Cleveland, Ohio.  In 2023, delivery of the first two Savannah – Living communities in Wisconsin and Michigan will start followed soon after by one in Iowa.   With a track record of over 42,000 units in 40 cities in 21 states, our team has consistently provided housing that stands the test of time with superior service and a focus on making our residents living environment the best place to call home.

Contact Stoneleigh Companies
Call (224) 770-4600 or email info@stoneleighcos.com.
For information on a property, email info@waterfordres.com