Crescent Communities Names Sagar Rathie Vice President of Development, Commercial and Mixed Use

10/08/2018

CHARLOTTE, N.C. (October 8, 2018) – Crescent Communities, a nationally recognized, market-leading real estate company that specializes in developing, owning and selling commercial, mixed use and multifamily across the Southeast and Southwest, has named Sagar Rathie vice president of development for the commercial and mixed use business. Rathie most recently served as director of corporate finance and investor relations for Crescent Communities and has been with the company since 2016. 
 
“Sagar is a welcome addition to our team and I feel fortunate to have him leading efforts to expand our development pipeline,” said Brian Leary, president of Crescent Communities’ commercial/mixed use business. “He will draw from his financial background to lead all aspects of our commercial and mixed use development process to drive investment growth and source new opportunities within our markets.”
 
In his role as vice president of development, Rathie will identify, pursue and execute on new commercial and mixed use development opportunities. He will work hand in hand with potential capital partners to capitalize on new developments while taking a leading role in delivering new investments on time and budget. With a focus on sourcing new commercial and mixed use opportunities, Rathie will continue to drive efforts on existing projects such as Bigby in Franklin, Tennessee, and with The River District and Ally Charlotte Center in Charlotte.  
 
“As we begin propelling activity on existing assets and start to expand our pipeline, we’ve enhanced our focus on identifying ways to materially grow our commercial mixed use business,” said Rathie. “We have the wind at our sails and are actively sourcing new opportunities to deploy both our capital and expertise at creating dynamic commercial and mixed use communities.”
 
Prior to joining Crescent Communities, Rathie worked at investment bank and asset management firm, Piper Jaffray. Rathie received his master’s degree in Business Administration from the University of North Carolina at Chapel Hill, his master’s degree in Engineering from Duke University and his bachelor’s degree in Biomedical Engineering from the University of North Carolina at Chapel Hill. 

About Crescent Communities

Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of multifamily, commercial and mixed use communities. Crescent creates high-quality, differentiated communities in desirable locations in many of the fastest growing markets in the Southeast and Southwest. Since the company was founded in 1963, Crescent’s development portfolio has included more than 60 single family master-planned communities,  43 multifamily communities and more than 21 million square feet of commercial space. Its multifamily communities are branded NOVEL by Crescent Communities.