Commercial real estate company builds management team to position company for planned growth.

FORT WORTH, TX, July 22, 2014 – Crescent Real Estate Holdings LLC announced several promotions that position the company to develop new commercial real estate opportunities. Currently, Crescent Real Estate is taking advantage of strong commercial office markets to develop select office and retail properties in Dallas and Houston.

Joseph Pitchford has been promoted to managing director. Pitchford is responsible for identifying new opportunities to expand Crescent’s development capabilities. These responsibilities include oversight for two new developments, the McKinney & Olive and 6 Houston Center projects in Dallas and Houston, respectively. Since joining Crescent in February 2006, Pitchford has provided significant contributions developing Crescent projects, including The Ritz-Carlton Hotel and Residences in Dallas and 3883 Hughes Center in Las Vegas.

Pitchford has more than twenty-five years experience in commercial real estate, mostly focused on real estate development and project management. He is the former chairman and a current board member of Uptown Dallas Inc. He also serves on the boards of ULI Transportation, McKinney Avenue Transit Authority (MATA) and The Real Estate Council. Pitchford received his bachelor of architecture from the University of Notre Dame and master of business administration from the Darden School at the University of Virginia.

“Joseph’s expanded leadership will continue to play an integral role in growing our company and leading his team to even greater success,” said Jason Anderson, COO of Crescent Real Estate Equities, LLC. “As we prepare for the exciting opportunities ahead at Crescent, it is important that we continue to build a strong and dynamic management team that will maximize opportunities and expand our business.”

Crescent also promoted Mark Cox, Kevin Crum, Jeff Dyer, Chris Hanrattie, Andrew Lombardi, Dan Novelli, Montie Rouze and Allison Whitlock to be part of the Crescent leadership team.

Mark Cox has been promoted to vice president, finance where he is responsible for the company’s planning and budgeting process, monitoring and reporting on financial and operational results and preparing financial models. Mark received his bachelor of business administration from Texas A&M University and is a certified public accountant. He joined Crescent in May of 2004.

Kevin Crum has been promoted to vice president, development where he is responsible for managing the overall timeline, progress and development budget for the McKinney & Olive office and retail project in Uptown Dallas. Crum received his bachelor of business administration from Abilene Christian University and is a certified public accountant. He joined Crescent in December of 1999.

Jeff Dyer has been promoted to vice president, investments where he is responsible for asset management of existing investments and for reviewing and analyzing new investment opportunities. His oversight and management of existing investments includes Canyon Ranch and Desert Mountain. Dyer is actively involved in evaluating several new projects for Crescent. Dyer received his bachelor of arts from Southwestern University and master of business administration from the Cox School of Business at Southern Methodist University. He joined Crescent in August of 2004.

Chris Hanrattie has been promoted to vice president, investments where he is responsible for asset management of existing investments and for reviewing and analyzing new investment opportunities and provides oversight and management of existing investments including Tahoe, Colorado Mountains, Denver land and The Ritz Residences. Hanrattie is actively involved in evaluating several new projects for Crescent. Hanrattie received his bachelor of business administration from The University of Texas at Arlington and master of business administration from The University of Texas at Arlington. He originally joined Crescent in June of 2004 and returned to Crescent in November of 2009.

Andrew Lombardi has been promoted to vice president, corporate counsel where he is responsible for all legal matters of Crescent. In addition, Lombardi provides leadership over the human resources, records management and risk and compliance departments. He received his bachelor of business administration from Texas Christian University and juris doctor from the Dedman School of Law at Southern Methodist University. Lombardi joined Crescent in March of 2010.

Dan Novelli has been promoted to vice president, construction. He is responsible for the design and construction of new and existing commercial development projects, such as McKinney & Olive and 6 Houston Center, as well as capital improvements to existing assets on behalf of the company. He received his bachelor of science from The University of Texas at Austin. Novelli originally joined Crescent in June of 2007 and returned to Crescent in March of 2011.

Montie Rouze has been promoted to vice president of information technology (IT). She is responsible for design, development and implementation of organizational information systems, software applications, IT support and infrastructure systems. She received her bachelor of business administration from Texas Tech University. Rouze joined Crescent in January of 2005.

Allison Whitlock has been promoted to vice president, accounting where she directs a team responsible for full general ledger accounting and financial statement preparation for the company. She received her bachelor of business administration from Baylor University and is a certified public accountant. Whitlock joined Crescent in September of 2001.

“I am very excited about the future of Crescent Real Estate,” Anderson said. “We have a talented employee team that manages our assets and provides industry-recognized customer service. At the same time we are building an iconic office building in the best market in Dallas – Uptown, and we will provide a distinctive, highly-desired property in Houston Center.”

The Dallas property, McKinney & Olive, held a ground breaking ceremony June 19 in Uptown Dallas. The 20-story structure, designed by internationally acclaimed Pelli Clarke Pelli Architects, offers world-class architecture, ultra-efficient floor plates, the latest building technology, state-of-the-art security, destination elevators, fitness center, conference center, a rooftop garden, and unrivaled visibility in the vibrant pedestrian-oriented Uptown Dallas neighborhood. Beck Group is the general contractor for McKinney & Olive.

The Houston office tower, 6 Houston Center, is an elegant and contemporary 30-story, 600,000-square-foot space set to break ground later this summer. Designed by HKS Architects, 6 Houston Center represents the new evolution in commercial office space that will meet the needs of Houston’s rapidly growing business sector. Features and amenities such as 10-foot and 12-foot ceiling heights, rooftop garden, fitness center, and concierge floor appeal to a discerning workforce. Balfour Beatty Construction has been named general contractor for 6 Houston Center.

ABOUT CRESCENT

Crescent Real Estate Holdings LLC, headquartered in Fort Worth, Texas, is a fully-integrated real estate company owned by Goff Capital and Barclays Capital. Through its subsidiaries, Crescent manages and develops premier, Class A office buildings. Crescent also holds investments in resort residential developments in locations such as Scottsdale, Vail Valley, and Lake Tahoe; a luxury hotel, The Ritz-Carlton, Dallas; and the wellness lifestyle leader, Canyon Ranch®.

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