A Fort Worth power player made changes at the top.
Crescent Real Estate named Conrad Suszynski as its sole CEO following the retirement of co-CEO Jason Anderson, the Dallas Business Journal reported.
Suszynski steps into the role after almost 20 years at the company. He joined Crescent in 2006 when it operated as Goff Capital Partners before its conversion to Crescent Real Estate in 2016.
The firm has also promoted several internal leaders. These include Christopher Goff — Chairman John Goff’s son — to senior managing director, head of capital formation; Andrew Lombardi, who will remain CFO, to senior managing director; Noelle Garsek to managing director, general counsel; and Ben Molk to managing director, office. Joseph Pitchford, managing director of development, will join Crescent’s senior management committee.
The leadership shift comes as Crescent expands its footprint across North Texas. The firm manages $4.4 billion in assets and oversees about $225 million in development.
Crescent is raising $250 million for its fourth GP Invitation Fund as it strengthens its development pipeline. The firm’s portfolio includes marquee assets like The Crescent in Uptown Dallas — a 1.3 million-square-foot property with office, retail and hotel components — and the Robert L. Crandall corporate campus for American Airlines in Fort Worth.
Its development activity is also expanding. Crescent is advancing a second office tower in Fort Worth, constructing the 30-story, 215-unit Crescent Point Tower in Uptown Dallas and preparing to open a 31-story luxury apartment building at 2811 Maple in May, where rents start at $4,000 a month.
It recently started development on its 92-home high-end housing project in Horseshoe Bay near Marble Falls, northwest of Austin. Groundwork and infrastructure at the 114-acre site is expected to be completed in March 2026.
Suszynski said the company is deepening its focus on high-quality development, particularly in Uptown Dallas and Fort Worth, where Crescent is looking to cultivate environments that mirror the success of its flagship properties.
The leadership team has an average tenure of over 12 years, Suszynski said.
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