Founded in 1963 as Crescent Land and Timber within Duke Energy’s forestry division, Crescent Communities has evolved into a nationally recognized real estate investor, developer, and operator. The company rebranded as Crescent Resources in 1989 and adopted its current name in 2013. In 2018, Crescent was acquired by Sumitomo Forestry, a Japanese conglomerate, and now operates as a wholly owned subsidiary. Crescent Communities specializes in the development of mixed-use, multifamily, single-family build-to-rent, commercial, industrial, and life sciences properties. Its multifamily brands include NOVEL (luxury urban), RENDER (mid-market suburban), and HARMON (single-family rentals), while industrial and life science developments operate under AXIAL and THE YIELD brands respectively. The company’s investment strategy is diversified across opportunistic, core, and build-to-core approaches, targeting high-growth Sun Belt markets with strong demographic and employment trends. Its top markets include Charlotte, Dallas, and Atlanta, with notable concentration in the Southeast and Southwest.