Crescent Real Estate Announces Newest Member of Executive Team Jane Mody Named Executive Vice President of Capital Markets.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Feb. 2, 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 that Jane Mody has been named executive vice president of capital markets for the company and will assume the role effective February 20, 2001. "We are delighted to welcome Jane to our executive team," commented Denny Alberts, president & chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "Her extensive experience of over 20 years in real estate capital markets will enhance and complement the capabilities of Crescent's management team. She brings an outstanding reputation in both public and private equity markets as well as strong banking relationships." Previously, Ms. Mody served as vice president of Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. & Company's real estate merchant banking division and Whitehall's nine real estate opportunity funds. From 1993 to 1999, she was co-founder and managing director of Pacific Retail Trust, a $1.5 billion private real estate investment trust. Ms. Mody served five years as executive vice president of Rosewood rosewood, popular name for the ornamental wood of several species of tropical trees, especially for the heartwood of certain leguminous trees of the genus Dalbergia of the family Leguminosae (pulse family). Brazilian rosewood, or jacaranda (D. Property Company, a $1 billion private real estate company in the office, resort, and residential business. She also served as vice president of Interfirst Bank-Dallas for seven years. Ms. Mody holds a Master of Business Administration degree from the University of Dallas The University of Dallas is a Catholic institution. It seeks to educate its students to develop the intellectual and moral virtues, to prepare themselves for life and work, and to become leaders in the community. and a Bachelor of Arts degree from Austin College A small yet well-respected institution, Austin College emphasizes academic excellence, high achievement, intellectual and personal integrity, and participation in community life. . "I am excited about joining a company with such an strong presence in the marketplace and one that is dedicated to offering prime properties and exceptional customer service," said Jane Mody. "I look forward to being a part of Crescent's executive team and working together to ensure the company's continued success." About the Company Crescent Real Estate Equities Company, one of the country's largest real estate investment trusts, owns and manages, through its subsidiaries, a diversified portfolio consisting of Class A office properties, luxury resorts and spas, and residential developments. Its mission is to expand the dimensions of business for its customers and maximize value to its shareholders by distinguishing itself as the undisputed leader in each of its businesses. Crescent will accomplish these goals by providing exceptional customer service and asset quality and by executing a disciplined real estate investment and operating strategy that focuses on market leadership, innovative growth opportunities, and outstanding customer, employee and partner alliances. |
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