Jerry Crenshaw is the founder of Rochester Real Estate and is responsible for the direction, growth, and leadership of the organization. He has extensive real estate experience and is active in real estate investments and developments primarily located in North Texas consisting of mixed-use commercial land developments (including grocery anchored, retail, medical, assisted living and hospitality components). Mr. Crenshaw has also, been active in public / private partnerships with Municipalities centered around entertainment and sports facilities.
Previously, Mr. Crenshaw was with Crescent Real Estate Equities Company, a real estate investment trust listed on the NYSE, which he joined shortly before its inception in May 1994. Since that time he held various positions in the company, including Controller, Vice President-Finance, Senior Vice President-Chief Financial Officer, Executive Vice President-Chief Financial Officer and Managing Director-Chief Financial Officer. From 1999 to April 2007, Mr. Crenshaw was Chief Financial Officer and Chief Accounting Officer of Crescent and part of its executive management team as well as a member of its investment committee. Crescent over this time frame grew from $400 million to over $6 billion in assets consisting of a diversified collection of real estate investments primarily in office, hotel/resorts, residential developments, refrigerated warehouses and mezzanine loans. Mr. Crenshaw was involved in all aspects of acquiring, developing, financing, asset managing and selling of this real estate over the years. Crescent’s financing arrangements consisted of secured and unsecured debt, bond offerings, line of credit facilities and common and preferred equity issuances. Mr. Crenshaw also, was a member of the board of directors and / or investment committee for several real estate investments in which Crescent owned a partial interest. Crescent’s hospitality investments and developments totaled over $1.5 billion in assets and consisted of business class hotels such as the Omni hotel in downtown Austin and Marriott City Center hotel in downtown Denver, upper upscale hotels such as the Ritz Carlton in Dallas, Ritz Carlton in Lake Tahoe and Sonoma Mission Inn & Spa in Sonoma County; destination resorts such as Hyatt Beaver Creek and Westin Beaver Creek at Vail Holding’s Beaver Creek ski resort and Canyon Ranch resorts in Tucson, Az and Lenox, Ma; and conference center hotels such as The Woodlands conference center hotel in North Houston.