Crescent - Portfolio - Residential Development Portfolio

Residential Development Portfolio
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*as of December 10, 2009
Corporation/Project	Location	Product Type

Desert Mountain Development Corporation
Desert Mountain	Scottsdale, AZ	SF,SH,TH

Crescent Resort Development Inc.
Tahoe Mountain Resorts
Northstar Village	Lake Tahoe, CA	CO,TH, TS
Northstar Highlands	Lake Tahoe, CA	CO,TH,TS, ACR
Old Greenwood Units	Lake Tahoe, CA	TH
Old Greenwood Fractional Units	Lake Tahoe, CA	TS
Gray's Crossing Lots	Lake Tahoe, CA	SF
Gray's Crossing Units	Lake Tahoe, CA	CO

Denver Development
Creekside Townhomes at Riverfront Park	Denver, CO	TH
The Delgany	Denver, CO	CO
One Riverfront	Denver, CO	CO
The Park at One Riverfront	Denver, CO	CO, TH
Downtown Acreage	Denver, CO	ACR

Mountain and Other Development
Eagle Ranch	Eagle, CO	SF
Main Street Station Vacation Club	Breckenridge, CO	TS
Riverbend	Charlotte, NC	SF
Three Peaks	Silverthorne, CO	SF
Village Walk	Beaver Creek, CO	TH
The Residences at Park-Hyatt Beaver Creek	Beaver Creek, CO	TS
Beaver Creek Landing	Beaver Creek, CO	CO
Riverfront Village	Beaver Creek, CO	CO, TH
Manor Vail	Vail, CO	CO
Waterhouse	Breckenridge, CO	CO

Crescent Plaza Residential
The Residences at the Ritz-Carlton	Dallas, TX	CO,TH
*SF(Single-Family Lot);CO(Condominium);TH(Thownhome);TS(Timeshare Equivalent Unit);ACR(Acreage);SH(Single-Family Home);and B(Both Primary and Secondary Residence)