Our guess is Pat Emery, who for more than a decade has run Crescent commercial real-estate development in MidTN and who has been one of the city's 'usual civic suspects' in numerous initiatives -- though often outdone by mate Kitty Moon Emery -- will upon leaving Crescent quickly hookup with those developers who are looking to snatch-up distressed real-estate assets (See our latest Newsbits). Emery was elevated to handle all Crescent Resources commercial biz, just a year ago. The NBJ broke the news of Emery's departure from Crescent, this morning. Crescent, itself, has become something of a distressed property, losing deals, halting projects and now flirting with bankruptcy.
Friday, May 29, 2009
Pat Emery now free agent
Our guess is Pat Emery, who for more than a decade has run Crescent commercial real-estate development in MidTN and who has been one of the city's 'usual civic suspects' in numerous initiatives -- though often outdone by mate Kitty Moon Emery -- will upon leaving Crescent quickly hookup with those developers who are looking to snatch-up distressed real-estate assets (See our latest Newsbits). Emery was elevated to handle all Crescent Resources commercial biz, just a year ago. The NBJ broke the news of Emery's departure from Crescent, this morning. Crescent, itself, has become something of a distressed property, losing deals, halting projects and now flirting with bankruptcy.
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