Crescent Resources, LLC

400 S. Tryon St., Ste. 1300
Charlotte, NC 28285 (Map)
Phone: 980-321-6000
http://www.crescent-resources.com

Overview

Commercial property developments? That's the way Crescent rolls. Crescent Resources manages land holdings, mostly in the Southeast and Southwest US, and uses them to develop commercial and residential real estate. Its holdings include office buildings, industrial projects, and retail developments. Residential properties such as single-family home communities, condominiums, and apartments are developed by its Crescent Communities arm. It also invests in tracts of land to sell off in pieces. Commercial clients have included General Electric, BellSouth, Lanier Worldwide, and CIGNA. Faced with rising debt levels, the company filed for Chapter 11 bankruptcy protection in 2009.

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Key Numbers from Hoover's UK

Key financials for Crescent Resources, LLC

Company Type Subsidiary of Duke Energy
Fiscal Year-End December
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Key People from Hoover's UK

Key people and executives for Crescent Resources, LLC

Chief Restructuring Officer Andrew Hede
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CFO Wayne McGee
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Director Information Technology David Reed
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Significant Developments

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