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Crescent Resources

Jun 30, 2014

Crescent Alexander Village opens in University area

Crescent Alexander Village, the latest offering of luxury apartments by Crescent Resources, is now open for business. The 320-unit, garden-style apartment community in the University Research Park area is the […]

Jan 8, 2014

Dismissal of Duke-Crescent lawsuit ends one chapter of Charlotte’s economic history

A murky, internecine lawsuit over $1.2 billion involving two formerly synonymous giants of economic development in Charlotte has ended in what appears to be an equally shadowy draw. But the […]

Jan 15, 2013

Crescent Resources issued more than $40M in permits for Circle at SouthPark apartments

CHARLOTTE — Charlotte-based Crescent Resources was issued roughly $40 million in building permits last week for work on its $52 million Circle at SouthPark apartment project. The permits, awarded by […]

Dec 25, 2012

Multifamily mammoths: A look at the top 5 apartment projects of 2012

As far as Charlotte's commercial construction industry goes, 2012, arguably, has been the year of the apartment. It seemed that nearly every day over the past 12 months, Mecklenburg County was issuing permits for apartment projects big and small.

Aug 8, 2012

Housing opportunity

For a developer of student housing, the numbers are encouraging. "Student housing is definitely a burgeoning and emerging successful business model," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association. "The bottom line is it is profitable for the developers."

Jul 26, 2012

College Downs frowns

Squeezing student apartments between the University of North Carolina at Charlotte campus and College Downs -- one of Charlotte’s oldest single-family neighborhoods -- prompts doubts about the city's plan.

Jul 23, 2012

Crescent sells Circle at South End for $74M

Charlotte-based Crescent Resources has sold its Circle at South End apartment complex for $74 million. That is easily a record for properties that were designed and built as multi-family rentals," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association.

Jul 23, 2012

Crescent Resources searches for residential investments VP

Charlotte-based real estate developer Crescent Resources is trying to fill an opening for a vice president of investments for its residential division.

Jun 21, 2012

Crescent asks for deferment on Lake Wylie rezoning request

With neighbors fuming over its plans to build homes at a higher density near Lake Wylie, Crescent Resources has asked for a deferment on its rezoning request.

May 15, 2012

Crescent eyes SouthPark Mall area for apartments

Crescent Resources is planning to build apartments near SouthPark Mall, according to construction permits awarded this year by Mecklenburg County. 5725 Carnegie Blvd. is the project’s address, according to the permits.

May 11, 2012

Crescent Resources names chief marketing officer

Crescent Resources said it has hired a chief marketing officer. Tyler Niess worked for Denver, Colo.-based Playground Destination Properties as vice president of marketing, business development and corporate strategy before […]

May 3, 2012

Crescent names residential division president

Following a national search, Andrew Carmody has been hired as president of Crescent Resources‘ residential division, Crescent said this week. Crescent, a developer, said Carmody will start his new job […]

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