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Crescent Development logo

Crescent Development

Richmond, VA 0–1 employees 1 principals

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Last updated 1mo ago

About Crescent Development

Crescent Development is a real estate operator headquartered in Richmond, VA. Crescent Development operates in Richmond, Virginia. Its investment focus is on Affordable Housing, LIHTC and Multifamily - Core.

Crescent Development is a Richmond, Virginia-based real estate development company focused on affordable housing and community revitalization throughout Virginia’s “Golden Crescent” region. Founded in 2015, the company develops, preserves, and manages housing for low-income individuals and families, with an emphasis on long-term affordability, community impact, and sustainable development practices. Since its inception, Crescent Development has established itself as a specialized developer in the affordable housing sector. Since 2015, Crescent Development and its partners have delivered or currently have under construction more than 2,000 housing units with a combined development cost exceeding $500 million. The company acquires, rehabilitates, and develops residential and mixed-use properties, often working with local governments, housing authorities, financial institutions, and community organizations to advance housing initiatives.

Principals at Crescent Development

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1 principal on file

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Recent activity at Crescent Development

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Crescent Development's project portfolio

No projects on file for Crescent Development yet.

Markets and themes

Markets Crescent Development operates in

  • Richmond, Virginia

Investment themes at Crescent Development

  • Affordable Housing
  • LIHTC
  • Multifamily - Core
  • Multifamily - Ground-up
  • Senior Housing
  • Suburban Office

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • Economic Development
  • Mixed Use
  • Site Development
  • Sustainability
  • Technology-forward

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Frequently asked questions about Crescent Development

What does Crescent Development do?
Crescent Development is a Richmond, Virginia-based real estate development company focused on affordable housing and community revitalization throughout Virginia’s “Golden Crescent” region.
Where is Crescent Development based?
Crescent Development is headquartered in Richmond, VA.
What markets does Crescent Development operate in?
Crescent Development is active in Richmond, Virginia.
How many employees does Crescent Development have?
Crescent Development has 0–1 employees.
Crescent Development cover image

Crescent Development at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
0–1
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
1
Principals
1

Contact Crescent Development

2601 West Broad Street, Suite 201, Richmond, VA 23220
www.crescent-development.com