Bannon will work in Crescent’s Denver office
and manage investments and development of multi-use projects and other assets.
DENVER, CO, US, December 3, 2018 /EINPresswire.com/ — Crescent Real Estate LLC (Crescent) announces the hiring of Michael P. “Mike” Bannon as Vice President for the Fort Worth and Denver-based real estate operating company and investment advisor. Bannon, whose experience ranges from operating assets to development, will initially be responsible for Crescent’s Colorado Springs operations including a recently purchased office portfolio. He will operate out of Crescent’s Denver office.
Since 2006, Bannon has worked for national and global commercial real estate and investment companies, most recently as Development Director for Alberta Development Partners, LLC in Greenwood Village, Colorado. He managed master planning, conceptual design, and permitting for a large 3 million-square-foot, mixed-use project and actively pursued and evaluated additional development projects.
Prior to joining Alberta, Bannon contributed to underwriting and due diligence of new development projects for The HYM Investment Group in Boston. While at HYM, Bannon worked on Boston Landing, a 15-acre, two million-square-foot urban, mixed-use development of office, multifamily, hotel, retail and various sports uses. Additionally, prior to joining HYM, Bannon worked in asset management at AEW Capital Management where he managed approximately 4.5 million square feet of primarily office and retail properties.
“Mike has significant experience managing the design, financing and development of large urban mixed-use developments that complement the community,” said Conrad Suszynski, co-CEO of Crescent. “Mike will play a key role at Crescent as we acquire and develop projects that co-exist with the community, such as Crescent’s Platte Fifteen, an environmentally sensitive and architecturally innovative campus development embracing Denver’s Confluence Park and views of the South Platte River.”
Bannon graduated with an MBA and a concentration in real estate finance from the McDonough School of Business at Georgetown University. He received a Bachelor of Science in Management and Business from Skidmore College.
Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor, founded by Chairman John C. Goff, with assets under management and investment capacity of more than $4 billion. Through the GP Invitation Fund I, the company acquires, develops and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent’s premier real estate portfolio consists of Class A and creative office, multifamily and hospitality assets located throughout the U.S., including The Ritz-Carlton, Dallas, and the wellness lifestyle leader, Canyon Ranch®. For more information, visit www.crescent.com.
Dennis E. Winkler
Winkler Public Relations
email us here
Source: EIN Presswire