Crescent Named to Multifamily Executive’s Top 25 Developers List

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    Client News

  • Date:

    July 20, 2014

Crescent Named to Multifamily Executive’s Top 25 Developers List



Client News

Crescent Communities has been named to Multifamily Executive’s Top 25 Developers list, recognizing the company’s active role in building multifamily communities across the country.

“This is a great accomplishment for our extraordinary team and the contributions of our people to create, collaborate and execute outstanding multifamily communities,” said Brian Natwick, president of Crescent’s multifamily group.  

Crescent, ranked No. 12 on the list of national developers, is the only North Carolina company represented and is recognized for the 1,566 units started in 2013. Crescent has 4,500 units under construction or in pre-development and this year will announce plans for several new multifamily communities in 2014 and 2015.

“We are poised for an exciting future, with the opening of several communities under development and at least four new projects planned to launch this year,” Natwick said. “Our emphasis on community experience ensures we deliver exceptional multifamily developments that meet today’s demand and are sustainable for the future.”

Crescent also was recently ranked No. 8 on MFE’s companies to watch in 2014. The company currently has 20 multifamily communities under development or in pre-development in major growth cities including Orlando, Tampa, Atlanta, Charlotte, Raleigh/Durham, Nashville, Dallas, Houston, Denver and Phoenix. Four of those properties will open in 2014: Crescent Bayshore, a 367-unit luxury apartment living option with an exclusive location in Hyde Park on Bayshore Blvd.; Crescent Terminus, featuring 355 units as the only luxury apartment living option in Terminus, a mixed-use development in Atlanta’s Buckhead neighborhood; Crescent Ninth Street, in the heart of Durham’s popular Ninth Street corridor and offering 303 apartments conveniently just blocks from Duke University Medical Center; and Crescent Cameron Village, 282 units that bring the first luxury apartment living option to Raleigh’s historic Cameron Village outdoor lifestyle center. Each community responds to consumers’ desire to live where they work and play with a focus on location, social amenities and luxury features.  
     
About Crescent Communities
Founded in 1969 in Charlotte, Crescent Communities is a diversified real estate investment, development and operating company dedicated to enhancing the quality of life for people through sustainable multifamily, residential and commercial communities and responsible land management. Crescent’s portfolio today includes 21 master-planned communities, including its signature Palmetto Bluff, as well as 20 multifamily projects with over 4,500 units under construction/lease-up or in planning/pre-development. The company owns and manages approximately 40,000 acres of land.