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In 2000, Crescent Real Estate Equities, the owner of Houston Center, sold the Four Seasons Hotel Houston to Maritz, Wolff & Co., a hotel investment group, for $105 million. [4] In 2006, Institutional Investor ranked Four Seasons Hotel Houston the 87th "Best Hotel in the World". The hotel currently houses 404 guest rooms, including 12 suites ...
Apartment Investment and Management Company, commonly referred to as Aimco, is an American publicly traded real estate investment trust. As of December 31, 2023, the company owned 26 apartment communities comprising 5,940 apartment units in the United States.
In 2000 Crescent sold the Four Seasons Hotel Houston, a hotel that is a part of Houston Center, to Maritz, Wolff & Co., a hotel investment group, for $105 million. [9] In October 2002 Houston Center was 95% leased. [10] In 2004 Crescent attempted to sell a 50% equity position in both Greenway Plaza and Houston Center.
The living area of a Crescent Residences model unit on Wednesday, Sept. 4, 2024. There are 168 units in the luxury apartment complex that is part of the Cultural District’s Crescent development.
Crescent Communities is a real estate investor, developer, and operator of mixed-use communities with headquarters in Charlotte, North Carolina. It has approximately 115 employees . The company has offices in Charlotte , Washington, D.C., Atlanta , Orlando , Nashville, Dallas , Denver , Phoenix, and Salt Lake City.
The large number of apartments in Greater Houston caused prices of renting apartments in Link Valley to decrease. [4] As a result of the 1980s oil glut, Houston's real estate market declined. [1] The landlords were forced to further reduce rents, but there were insufficient tenants to keep the apartments profitable. [4]