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Crescent Resources hires developer for Texas growth

Crescent Resources said today it has hired a developer to guide the company’s residential development activities in Texas.

The Charlotte-based company said Stephen Yetts, as senior vice president, will lead the growth strategy for the Texas region through oversight of acquisitions. Yetts will also be responsible for development and operational activities for Crescent’s Texas projects.

Prior to joining Crescent, Yetts was vice president and general manager for Discovery Land Development’s Vaquero community in Westlake, Texas.

Crescent, formed in 1969, is a real estate developer and owns and manages business and industrial parks and shopping centers.

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