Crescent Resources Names Vice President of Student Housing and Florida Multifamily Operations

CHARLOTTE, N.C., Oct. 4, 2011 /PRNewswire/ -- Crescent Resources, LLC promoted Tim Dison to lead the company's multifamily projects in Florida, as well as student housing activities throughout the country.

As vice president of Crescent's multifamily division, Dison's responsibilities include Circle West Campus in Austin, Texas – Crescent's first student housing development, which is under construction near the University of Texas. Dison's expanded role will also include the development of Circle at Bayshore in Tampa. Construction is slated to begin on Circle at Bayshore in the first quarter of 2012. In addition, Dison will be pursuing other opportunities to develop multifamily housing throughout the Southeast to serve students and in Florida.

"Our interest in multifamily projects in Florida, as well as student housing in general, continues to grow," said Brian Natwick, president of Crescent's multifamily division. "Tim is filling a critical position for us, and his multifamily background, particularly in Florida, and understanding of these emerging markets make him the perfect fit."

The multifamily division's hallmark brand is Circle – luxury apartments where neighbors connect, become stewards of the larger community and are very focused on green living. Circle was inspired through extensive review and analysis of current industry trends and marketplace needs, and typical features include high-end amenities, recycling programs and energy-efficient appliances.

In addition to Jacksonville and Tampa, Crescent has Circle communities in Charlotte and Concord, N.C.

"I've been a part of the Crescent team since the company began developing its portfolio of first-class multifamily projects throughout the Southeast," said Dison, who joined Crescent in 1999 as a development manager. "I'm excited to lead the multifamily division's efforts in the growing student housing and Florida apartment markets."

Prior to Crescent, Dison was a project manager in Charlotte for RJ Griffin & Company and Summit Contractors. He was also a superintendent for Marlyn Development Corporation and Ripley-Wright Associates, both in Virginia Beach, Va.

Dison studied pre-engineering at Jacksonville State University in Jacksonville, Ala., and received his degree in Architecture from Hampton University in Hampton, Va.

Crescent's newest multifamily projects include Gallery at Cameron Village in Raleigh, N.C., and The Venue at Cool Springs in Nashville, Tenn. Circle at Ninth Street in Durham, N.C., Circle at South Park in Charlotte; and Circle at Bay Shore in Tampa are in the planning stages. The company is also actively seeking new markets across the Southeast.

Crescent Resources is a real estate development company with interests throughout the southeastern United States. Based in Charlotte and established in 1969, Crescent Resources is known for its single-family, multifamily and resort residential communities. Crescent also owns and manages business and industrial parks and shopping centers. Visit www.crescent-resources.com for more information.

SOURCE Crescent Resources, LLC

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