Crescent Resources Taps Seven Key Individuals for Multifamily Group

CHARLOTTE, N.C., Oct. 11, 2011 /PRNewswire/ -- Crescent Resources, LLC has expanded its multifamily division with the appointment of seven individuals to serve in key positions. Denon Williams has been named vice president and regional construction manager.  Susana Granda and Brian Nicholson will serve as development managers. Elam Hall has been promoted to senior development associate, and Will Chapman has been appointed to senior finance associate. Davette Harper is senior administrative assistant and marketing coordinator. Additionally, Lori Thornton has been promoted to project controller.

"Denon, Susana, Brian, Elam, Will and Davette are extraordinary additions to our outstanding team and Lori's promotion is well-deserved," said Brian Natwick, president of multifamily for Crescent Resources. "With this team, we are poised to take advantage of all the opportunities before us."

Williams has 28 years of construction experience, completing more than 10,000 multifamily units. Most recently, Williams served as the president of Crosland's contracting company. He is a graduate of the University of North Carolina at Chapel Hill.

Nicholson joins Crescent Resources from Willco Companies where he was a senior project manager. His more than a decade of experience also includes serving as a project executive for Kettler, a project manager for Triad Construction Services, Inc., and as a superintendant and associate project manager for Opus East, LLC. Nicholson holds a master's degree in real estate from Johns Hopkins University and is a graduate of the University of Florida with a bachelor's degree in building construction.

Granda has more than seven years of multifamily development experience including roles with Penrose, Opus West and Alliance Residential. She graduated from Cornell University with a degree in civil engineering and holds a master's degree in real estate development from the University of Southern California. 

Prior to being promoted to senior associate, Hall served Crescent as an analyst for the past four years. While earning his master's in business administration from UNC Chapel Hill, he interned with the U.S. Department of State performing real estate evaluations. His decade of business experience includes serving as an account executive for Elster Electricity, LLC and as a marketing representative and sales engineer for Asea Brown Boveri. He earned a bachelor's degree in mechanical engineering from N.C. State University.

Chapman spent six years in real estate finance with Capital Advisors, Inc., formerly RBC Capital Advisors. He is a graduate of Davidson Collage with a degree in economics.

Thornton has been an assistant project controller for the construction team with Crescent Resources for nearly five years. In her expanded role, Thornton will be the accounting leader for all construction functions and will also work on all development accounting functions. 

Harper is a graduate of UNC-Charlotte with experience in the multifamily industry having worked with Grubb Properties.  

Crescent's existing multifamily communities are Circle at South End in Charlotte, N.C.; Circle at Concord Mills in Concord, N.C.; Circle at Crosstown in Tampa, Fla.; and Circle at Bartram Park in Jacksonville, Fla. Multifamily communities under construction include The Gallery at Cameron Village in Raleigh, N.C., the Venue at Cool Springs in Nashville, Tenn., and Circle West Campus in Austin, Texas. Circle at Ninth Street in Durham, N.C.; Circle at South Park in Charlotte; and Circle at Bay Shore in Tampa are in the planning stages.

Crescent Resources is a real estate development company with interests throughout the southeastern United States. Based in Charlotte and established in 1969, Crescent Resources is known for its single-family, multifamily and resort residential communities. Crescent also owns and manages business and industrial parks and shopping centers. Visit www.crescent-resources.com for more information.

SOURCE Crescent Resources, LLC



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