Crescent Communities Promotes Keith Glenn To Residential SVP Post

Glenn To Focus on High-Potential Mid-Atlantic Region

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Sep 09, 2013, 03:20 ET

CHARLOTTE, N.C, Sept. 9, 2013 /PRNewswire/ -- Crescent Communities has promoted Keith Glenn to the position of senior vice president for the company's Mid-Atlantic residential initiatives, poising Crescent for its next phase of growth in master planned communities in the Carolinas and Tennessee.

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"Keith has been an extremely important part of our team for 14 years helping us grow our platform of high-quality residential communities with his strong skills and experience in finance, land acquisition, and community development," said Andrew Carmody, president of the residential group for Crescent Communities, a real estate investment, development and operating company based in Charlotte, N.C. "Keith will effectively guide us as we grow in these key markets."

Crescent's residential group has significant history with its master planned communities in the Carolinas, developing properties including The Sanctuary and The Point in Charlotte, Springfield in Fort Mill, S.C., and Chapel Cove on Lake Wylie near the border of the North and South Carolina. As vice president, Glenn recently began exploring opportunities in Tennessee, and in his new role will seek to build on that momentum.

"It's an exciting time to be leading initiatives for single-family residential communities in a region that is growing as fast as the Carolinas and Tennessee," Glenn said. "These markets show diverse job growth and demographics that indicate increasing demand for the types of creative master planned communities for which Crescent is known."

Glenn has more than 20 years of experience in the financial and real estate industries, beginning his career at First Union National Bank (now Wells Fargo) before joining national accounting firm Arthur Andersen. Glenn started with Crescent in 1999 and has held roles as residential controller, director of residential planning and analysis, and project development manager. He graduated magna cum laude from Clemson University with a bachelor's degree in financial management.

About Crescent

Founded in 1969 in Charlotte, Crescent Communities is a diversified real estate investment, development and operating company dedicated to enhancing the quality of life for people through sustainable multifamily, residential and commercial communities and responsible land management. Crescent's portfolio today includes 27 master-planned communities, including its signature Palmetto Bluff, as well as 16 multifamily projects with 4,600 units under construction or in planning/pre-development. The company owns and manages approximately 72,000 acres, including 1,400 acres zoned for commercial use.

SOURCE Crescent Communities