FT. WORTH-David M. Sherman will be joining the board of trust managers for Crescent Real Estate Equities Co.
Sherman is president of D. Sherman & Co. Inc. of New York, which provides strategic advisory services to public real estate companies. From 1995 until early 2000, he had served as managing director, senior analyst and head of the REIT Equity Research Team for Salomon Smith Barney Inc. of New York City.
Crescent CEO John C. Goff terms Sherman’s addition ” a real asset. … He brings an invaluable amount of knowledge about the real estate industry and about the discipline Wall Street brings the industry. He believes in Crescent and wants to be a part of taking the company to a new level.” Crescent, one of the nation’s largest REITs, owns and manages a portfolio consisting of class A office properties, business-class hotels, luxury resorts and spas and residential developments.