Crescent's FACES of Change Doubles Contributions.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Dec. 4, 2001 Crescent Real Estate Equities Company Crescent Real Estate Equities Co. (NYSE: CEI) is a Fort Worth, Texas-based real estate investor with holdings mainly in office and hotel properties, including several landmark buildings in the southern United States. (NYSE NYSE See: New York Stock Exchange :CEI CEI Competitive Enterprise Institute CEI Conferenza Episcopale Italiana (Italian bishop conference) CEI Central European Initiative CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) ) today announced the latest results of its community partnership program, FACES of Change(R). For the 2000-2001 school year, contributions through the FACES program totaled over $342,000 and nearly 5,200 hours of community service to elementary schools elementary school: see school. around the country from over 2,100 volunteers, up 50% from last year's contributions. "This year, we are proud to announce that Crescent crescent, emblematic representation of the quarter moon. The crescent and star, ancient Byzantine symbols that became the emblems of Constantinople, were also assumed as the standard of the Ottoman Turks. has at least one FACES of Change partnership in every market in which we do business," said Kathy Kathy is a feminine first name. It may refer to: In sports:
2. Those public affairs programs that address issues of interest to the general public, business, academia, veterans, Service organizations, military-related associations, and other non-news media entities. for Crescent. "This presents an opportunity for Crescent to give back to the communities in which we live and work...our own lives are greatly impacted by these children each time we interact with them." Since the program's inception in 1997, FACES of Change has touched the lives of over 20,000 children. With the help of Crescent's customers, employees, and business partners, Crescent has provided books, computers, software, network cabling, playground Playground - A visual language for children, developed for Apple's Vivarium Project. OOPSLA 89 or 90? equipment, natural habitats, outdoor classrooms, uniforms, musical instruments, staff training, and even refurbished a historic one-room schoolhouse for a community center. FACES of Change is a three-year partnership celebrating the children and families of an outstanding, local elementary school, the customers of a Crescent property and the community, for their mutual benefit. Crescent partners with schools serving children and families who can most benefit from a business/community partnership -- schools on a clear path to success, that promote and encourage parental involvement and that are becoming the center of the neighborhood and the community. ABOUT THE COMPANY Crescent Real Estate Equities Company (NYSE:CEI) is one of the largest publicly held real estate investment trusts in the nation and, through its subsidiaries, owns and manages some of the country's most desirable properties. Its portfolio consists primarily of 75 office buildings totaling over 28 million square feet located in six states and 26 sub-markets primarily in the southwestern U.S., as well as world-renowned luxury resorts and spas and upscale residential developments. Crescent strives to expand the dimensions of business by providing exceptional customer service and high-quality assets through strategic real estate investments. |
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