CRESCENT HIRES MIKE BANNON AS VICE PRESIDENT

DENVER, December 3, 2018 – Crescent Real Estate LLC (Crescent) announces the hiring of Michael P. “Mike” Bannon as Vice President for the Fort Worth and Denver-based real estate operating company and investment advisor. Bannon, whose experience ranges from operating assets to development, will initially be responsible for Crescent’s Colorado Springs operations including a recently purchased office portfolio. He will operate out of Crescent’s Denver office.

Since 2006, Bannon has worked for national and global commercial real estate and investment companies, most recently as Development Director for Alberta Development Partners, LLC in Greenwood Village, Colorado. He managed master planning, conceptual design, and permitting for a large 3 million-square-foot, mixed-use project and actively pursued and evaluated additional development projects.

Prior to joining Alberta, Bannon contributed to underwriting and due diligence of new development projects for The HYM Investment Group in Boston. While at HYM, Bannon worked on Boston Landing, a 15-acre, two million square-foot urban, mixed-use development of office, multifamily, hotel, retail and various sports uses. Additionally, prior to joining HYM, Bannon worked in asset management at AEW Capital Management where he managed approximately 4.5 million square feet of primarily office and retail properties.

“Mike has significant experience managing the design, financing and development of large urban mixed-use developments that complement the community,” said Conrad Suszynski, co-CEO of Crescent. “Mike will play a key role at Crescent as we acquire and develop projects that co-exist with the community, such as Crescent’s Platte Fifteen, an environmentally sensitive and architecturally innovative campus development embracing Denver’s Confluence Park and views of the South Platte River.”

Bannon graduated with an MBA and a concentration in real estate finance from the McDonough School of Business at Georgetown University. He received a Bachelor of Science in Management and Business from Skidmore College.