Crescent Resources

Crescent Resources Files for Chapter 11 Bankruptcy

Charlotte-based Crescent Resources filed for bankruptcy protection in Austin on June 10 listing assets and liabilities in excess of $1 billion. Founded in 1969, the developer is owned by Duke Energy and Morgan Stanley’s real-estate fund unit and has interests in

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Posted in Bankruptcy, Developers, Eric OKeefe, Feature, News Desk, Regional News, South, Southwest, Topics

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