FORT WORTH, TEXAS, January 30, 2018 – Crescent Real Estate LLC (Crescent) announced the hiring of Scott Rodgers as Vice President, Development to focus on multifamily development.  Crescent, which expects to increase its involvement in the multifamily real estate asset class, will have Rodgers focus on sourcing and developing multifamily projects nationally in Crescent’s targeted markets.

Crescent used the GP Invitation Fund I (GPI Fund), launched in 2016, to acquire multifamily assets in Texas, Illinois and Florida. The company’s current portfolio consists of more than 6,575 units of multifamily properties located in large metropolitan areas, with one location in Live Oak, Texas near San Antonio, Texas, and a location in Houston suburb League City, Texas. Other properties are in Chicago suburb Evanston, Illinois and Tampa, Florida.

Rodgers graduated from Texas A&M University with a Bachelor of Science Degree in Environmental Design and The University of Texas at Austin McCombs Graduate School of Business with an MBA in Real Estate and Finance.  Prior to joining Crescent, Rodgers was Manager and Partner at Ascension Apartment Development, LLC and a Partner in Richman Ascension Development Group, LLC. He was responsible for sourcing and developing luxury multifamily opportunities for Ascension and Richman in Dallas, Austin and the Denver Metropolitan Area.

Rodgers also developed properties with CLB Partners, First Worthing Company and JPI Development which ranged from institutional multifamily, condominium, townhome and mixed-use developments. Prior to his career in multifamily development, Rodgers had an architectural background and was employed by Cooper Carry & Associates in Washington, D.C. and Overland Partners in San Antonio.