DENVER, CO (April 9, 2019) – Crescent Communities, a nationally recognized, market-leading real estate company specializing in the investment in and development of multifamily, commercial and mixed use communities across the Southeast and Southwest, is pleased to announce the expansion of their west region team and the addition of a key leader in their Denver office.
Ben Krasnow has been hired as the managing director for the southwest region of the Crescent Communities multifamily business. Most recently, Ben served as the vice president of Multifamily Development for McWhinney, a Denver-based Real Estate Development company. In this role, he managed the development of over 2,000 apartment homes in the Denver-area, as well as Austin, Portland, and Omaha. With 15 years of progressively complex experience in the multifamily real estate industry including the Bozzuto Group in Washington DC, Krasnow brings a wealth of knowledge to his new role at Crescent. Krasnow holds a master’s degree in real estate development from the University of Maryland.
“We are excited to welcome Ben Krasnow to our extraordinary organization,” said Brian Natwick, president of multifamily development for Crescent Communities. “Ben’s rich experience in real estate investment and development, coupled with his relationships in the markets in which we plan to expand will be highly valuable. Ben has a great reputation in the industry and region, and we are fortunate that he chose to join us.”
“As we continue to expand our investment platform in the West, Denver, Phoenix, and Salt Lake City are three particular markets we have identified for significant future growth. Ben Krasnow’s experience, leadership and business acumen make him the ideal person to lead our growth efforts in this region,” said Benjamin Collins, senior managing director for the west region for Crescent Communities.
Nationally, Crescent Communities has a growing multifamily footprint, with 6,400 units under construction and in operations, representing a total investment of $1.6 billion. The team is planning additional investments including 5,700 units, representing an investment of $1.5 billion. Overall, the organization operates in ten states across the Southeast and Southwest growth markets with offices in Charlotte, Atlanta, Nashville, Dallas and Denver.
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 nearly 21 million square feet of commercial space. Its multifamily communities are branded NOVEL by Crescent Communities. For more information, visit www.crescentcommunities.com.