Crescent Real Estate Announces New CFO and Other Senior Leadership Moves

view original post

Fort Worth-based Crescent Real Estate has announced the promotion of four leaders: Christopher Goff to senior managing director, head of capital formation; Andrew Lombardi to senior managing director and chief financial officer; Noelle Garsek to managing director, general counsel; and Ben Molk to managing director, office.

Crescent also announced that Joseph Pitchford has been appointed to the firm’s senior management committee. 

Crescent said the moves reflect the company’s commitment to fostering internal talent and positioning Crescent for continued growth and success. The moves follow the announcement that Crescent Co-CEO Jason Anderson is retiring, leaving Conrad Suszynski as Crescent’s sole CEO.

Founded by Chairman John C. Goff, Crescent has assets under management, development, and investment capacity of more than $10 billion.

Capital formation

Christopher Goff has been a driving force behind Crescent’s capital formation strategies in recent years, the firm said. Goff, son of Chairman John C. Goff, is responsible for overseeing the firm’s equity formation, which includes maintaining and enhancing relationships with its investors and expanding the company’s investor base while optimizing capital strategy. He’ll also focus on enhancing communication and engagement with both their current and potential investors.

Goff will join the Investment Committee and be a part of the senior management committee. Crescent said that in these new roles, Goff will continue to lead the capital formation team but will also have a strong focus on overall corporate strategy and firm direction. His ability to solidify relationships with existing and future investors will be instrumental in Crescent’s success.

Finance and legal

Andrew Lombardi has been with Crescent since 2010, becoming the CFO in 2022. Lombardi will continue to oversee all corporate operations and provide strategic direction and oversight of the accounting, finance, legal, human resources, and information technology teams. He will also continue overseeing all debt activities of the company and will further focus on overall corporate strategy and firm direction.

Lombardi will join Crescent’s Investment Committee, lead the Fort Worth office and chair the firm’s newly established senior management committee, which will enhance Crescent’s leadership structure.

Noelle Garsek, with her extensive legal expertise, has been a cornerstone of Crescent’s legal team for more than five years. Before joining Crescent in 2019 she served as outside counsel to the firm, and has served as Crescent’s Senior Vice President, General Counsel since 2022.

Her legal acumen and practical approach to governance have been an asset to the company, Crescent said. Garsek will continue to oversee the company’s legal functions while contributing to strategic decision-making and risk assessment in transactions. She will also join the senior management committee.

Office, development, and leadership

Ben Molk has been with Crescent since 2007. He is head of Crescent’s office team and has been instrumental to the growth and success of that line of business. Crescent said Molk will continue to provide strategic leadership and oversight of the office team, while driving the performance of the firm’s office assets. He will lead the Denver office and join the senior management committee.

Joseph Pitchford has been with Crescent since 2006 and has served as Managing Director, Development since 2014. Under his leadership, Crescent has completed many high-caliber development projects including McKinney & Olive, the American Airlines headquarters, and the recently delivered Crescent, Fort Worth. Pitchford will now join the Senior Management Committee while continuing to oversee the development team and lead the Dallas office. 

“Our leadership team is our strongest asset, and I am thrilled to announce these well-deserved promotions,” said Crescent CEO Conrad Suszynski. “Christopher, Andrew, Noelle, Joseph and Ben have demonstrated exceptional dedication and leadership. Their contributions have been vital to our success, and I am confident that they will continue to drive our strategic vision forward.”

Through the GP Invitation Funds, Crescent acquires, develops, and operates all real estate asset classes alongside institutional investors and high net worth clients. Crescent’s premier real estate portfolio consists of Class A, creative office, life sciences, multifamily, hospitality, industrial, and senior living assets located throughout the U.S., including The Ritz-Carlton, Dallas.


Don’t miss what’s next. Subscribe to Dallas Innovates.

Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.

R E A D   N E X T

  • Garrett Colburn, formerly managing principal and co-market leader for SRS’ five California offices, will now oversee national growth and office productivity as the new president of Dallas-based SRS Real Estate Partners.

  • In this continuing series on real estate development in Southern Dallas, we introduce you to real estate professionals who are part of Innovan Neighborhood’s Community Developers Roundtable. They’re working to bring new life to long-neglected areas of the city.       The New Dallas Landscape, Part 6: Get on the bus! Members of the CDR and other stakeholders see how under-represented developers are growing their footprint, with support from the real estate community.  

  • With a track record of success on both sides of the pitch, Healy is set to shake up the reality competition show and offer invaluable insights to aspiring entrepreneurs. He’ll appear on the show alongside Netflix co-founder Marc Randolph and investor/entrepreneur Kim Perell.

  • The firm, with $5.4 billion in real estate assets, said Andrew S. Levy will focus on office acquisitions for Endeavor throughout the Sunbelt Region.

  • Headquartered in Dallas with offices in 10 cities around the world, the PE firm said its latest commercial real estate firm will target opportunistic and value-add commercial real estate investments including direct commercial real estate equity, debt portfolios, and commercial real estate-related operating companies.