Crescent Development
Richmond, VA 0–1 employees 1 principals
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About Crescent Development
Crescent Development is a real estate operator headquartered in Richmond, VA.
Crescent Development, founded in 2015, operates primarily across Virginia’s “Golden Crescent” region. Since inception, it and its partners have delivered—or are currently constructing—515 residential units, with a cumulative development cost exceeding $100 million. The company focuses exclusively on affordable housing for low-income individuals and families, emphasizing accessibility to opportunity and community-building rather than luxury or market-rate products. Based in Richmond, VA, it’s led by Founder and CEO Zac, who personally manages all strategic planning and implementation. Prior to founding the firm, Zac served as Vice President at The Linden Group, helping develop 648 housing units; earlier in his career, as a commercial real estate broker, he oversaw transfers of over 1,250 units.
Principals at Crescent Development
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