The Crest Group
Port Jefferson Station, NY 11–50 employees 3 principals
Last updated by Andrea
About The Crest Group
The Crest Group is a real estate operator headquartered in Port Jefferson Station, NY. The Crest Group operates in Charleston, South Carolina, Detroit, Michigan and Miami - Ft. Lauderdale - West Palm Beach - South Florida. Its investment focus is on Affordable Housing, Hospitality and Industrial.
The Crest Group LLC is a privately held real estate management and development company founded in 2005 by Enrico Scarda and headquartered in Port Jefferson Station, New York. Over more than 25 years of operation, the firm has expanded into multiple real estate sectors and now manages assets valued at over $500 million. The company employs more than 300 professionals across its various business divisions. The firm's portfolio spans residential, commercial, retail, industrial, and hospitality properties. Its development and investment activities include property acquisition, development, asset management, and long-term property operations. By maintaining a diversified portfolio, The Crest Group participates in a broad range of real estate opportunities across multiple markets. In the residential sector, the company is developing The Villas at Oak Run, a 74-unit active adult townhome community on 23.56 acres in Middle Island, New York, with 20% of the units designated as affordable housing. The Crest Group has also expanded its multifamily portfolio through acquisitions such as The Grand, a 102-unit apartment community in Grand Blanc, Michigan, supporting its strategy of investing in high-occupancy residential assets with long-term growth potential.