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Mr. Denny Alberts

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    www.dallasnews.com/sharedcontent/dws/bus/stories/050907 - [Cached Version]
    Published on: 5/8/2007    Last Visited: 5/9/2007  

    "It's not part of our overall long-term strategy to own hotels," said Crescent president Denny Alberts.

    "I would see us exiting that asset at some point and time."

    Mr. Alberts said that Crescent expects about $22 million in profits from the sales of the 70 condominiums at the Ritz-Carlton, which will open later this year.

    He said the company is moving forward with plans to build 100 more condos in a second phase.

    While developers are building four office buildings in the Uptown area, Mr. Alberts said, the landmark Crescent complex is 99 percent leased.

    "In the new buildings that are being built, you can't afford to put the amenities in that you have at the Crescent," he said.

    "I'm not saying these buildings aren't nice buildings, but they are a totally different class."

    Crescent itself is looking at office development opportunities in several markets, including Houston and Las Vegas.

    "We have over 3 million square feet of office space development opportunities on land we already own," Mr. Alberts said.

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    www.fashionindustrygallery.com/dev2/News_Archive6.htm - [Cached Version]
    Published on: 5/26/2006    Last Visited: 5/15/2007  

    Saturday night, real estater Denny Alberts and techie titan Cynthia Comparin celebrated a significant merger, their marriage.
    ...
    As president of Crescent Real Estate Equities, Denny is the laird of Uptown.

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    www.sec.gov/Archives/edgar/data/1035426/0000950134-02-0 - [Cached Version]
    Published on: 11/26/2002    Last Visited: 11/28/2002  

    Dennis H. Alberts Trust Manager of Crescent Real Estate and President and Chief Operating Officer of Crescent Real Estate and the General Partner

    ...
    Dennis H. Alberts, prior to joining Crescent Real Estate, served as President and Chief Executive Officer of Pacific Retail Trust, a privately held retail shopping center REIT, which he founded in 1993.While at Pacific Retail Trust, Mr. Alberts directed all aspects CRESCENT OPERATING INC, including acquisition, development and operational activities, from 1993 until 1999 when Pacific Retail Trust merged into Regency Realty, Inc., a publicly traded REIT.In 1999, Mr. Alberts also served as a consultant to Regency Realty, Inc.Prior to founding Pacific Retail Trust, Mr. Alberts served as President and Chief Operating Officer of First Union Real Estate Investments, a publicly held retail, multi-family and office REIT, in 1992.From 1987 to 1991, Mr. Alberts served as President and Chief Executive Officer of Rosewood Property Company where he focused on asset management and leasing of Rosewood's office portfolio.Before joining Rosewood Property Company, he served as President and Managing Partner of Trammell Crow Residential Companies of Dallas from 1984 to 1987.Mr. Alberts holds a Bachelor of Science degree and Master of Business Administration degree from the University of Missouri.Mr. Alberts joined Crescent Real Estate in April 2000 as President and Chief Operating Officer.In May 2002, Mr. Alberts was elected to serve as a trust manager by the six members of the Board of Trust Managers then comprising the Board.

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    staging.uli.org/Content/NavigationMenu/ProgramsServices - [Cached Version]
    Published on: 1/1/2005    Last Visited: 8/29/2008  

    In another portion of the leadership roundtable program, Denny Alberts, president and chief operating officer of Crescent Real Estate Equities in Fort Worth, Texas, shared a story of how those companies managed to turn around from the brink of collapse to become a thriving success.

    Founded in 1994, the real estate investment trust started out purchasing premier real estate at discount to replacement-cost prices.However, the company's strategy changed dramatically in the late 1990s, when a senior management shift resulted in the company investing in casinos and skating rinks.A series of "bad decisions," along with little intervention by the company's board of directors and a lack of long-term vision, almost caused the company's ruin, Alberts said.However, a management reorganization and strategic turnaround began in 2000, with the company focusing on investments in upscale office properties, resort development and "lifestyle" communities that cater to active baby boomers.

    "We needed to act quickly and make changes at the top, not the bottom," Alberts said.Throughout the restructuring process, the company found it critical to "communicate often" to retain valued employees, who had stuck with the company but were unsure that it would indeed move in a positive direction, he said.

    In addition to altering its investment strategy, the company made other operational changes, including modernizing its business model to allow for more shared ownership, to reduce its debt and increase its liquidity.In addition, the company expanded the technology of client tracking used by its law firm, and developed software to predict retail sales based on income and demographics, which can be used to select tenants for shopping centers."The investors love it," Alberts noted.

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    www.sec.gov/Archives/edgar/data/1035426/0000950134-02-0 - [Cached Version]
    Published on: 5/14/2002    Last Visited: 5/16/2002  

    Dennis H. Alberts
    ...
    Dennis H. Alberts, prior to joining Crescent Real Estate, served as President and Chief Executive Officer of Pacific Retail Trust, a privately held retail shopping center REIT, which he founded in 1993.While at Pacific Retail Trust, Mr. Alberts directed all aspects CRESCENT OPERATING INC, including acquisition, development and operational activities, from 1993 until 1999 when Pacific Retail Trust merged into Regency Realty, Inc., a publicly traded REIT.In 1999, Mr. Alberts also served as a consultant to Regency Realty, Inc.Prior to founding Pacific Retail Trust, Mr. Alberts served as President and Chief Operating Officer of First Union Real Estate Investments, a publicly held retail, multi-family and office REIT, in 1992.From 1987 to 1991, Mr. Alberts served as President and Chief Executive Officer of Rosewood Property Company where he focused on asset management and leasing of Rosewood's office portfolio.Before joining Rosewood Property Company, he served as President and Managing Partner of Trammell Crow Residential Companies of Dallas from 1984 to 1987.Mr. Alberts holds a Bachelor of Science degree and Master of Business Administration degree from the University of Missouri.Mr. Alberts joined Crescent Real Estate in April 2000 as President and Chief Operating Officer.

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    www.cei-crescent.com/newsroom/profiles/dhalbertP.asp - [Cached Version]
    Published on: 11/8/2007    Last Visited: 11/8/2007  

    Dennis H. AlbertsPresident and Chief Operating OfficerCrescent Real Estate Equities Company

    Dennis H. (Denny) Alberts joined Crescent Real Estate Equities in April 2000, serving as president and chief operating officer.Mr. Alberts oversees operations and administration for all aspects of the company.Mr. Alberts has served as a trust manager of Crescent since May 2002.

    Prior to joining Crescent he served as president and chief executive officer of Pacific Retail Trust, a privately held retail shopping center real estate investment trust ("REIT"), which he founded in 1993.While at Pacific Retail Trust, Mr. Alberts directed all aspects of the company, including acquisition, development and operational activities, from 1993 until 1999 when Pacific Retail Trust merged into Regency Realty, Inc., a publicly traded REIT.In 1999, Mr. Alberts also served as a consultant to Regency Realty, Inc.

    Mr. Alberts also served as president and chief operating officer of First Union Real Estate Investments, a publicly held retail, multi-family and office REIT, in 1992.From 1987 to 1991, Mr. Alberts served as president and chief executive officer of Rosewood Property Company where he focused on asset management and leasing of Rosewood's office portfolio.Before joining Rosewood Property Company, he served as president and managing partner of Trammell Crow Residential Companies of Dallas.

    Mr. Alberts holds a Bachelor of Science degree and Master of Business Administration degree from the University of Missouri.

  • View Online Source
    www.robbreport.com/Articles/Leisure/Dine/Dining-Deans-N - [Cached Version]
    Published on: 7/1/2007    Last Visited: 10/6/2007  

    Fearing was recruited from the Mansion by Denny Alberts, the former president of Rosewood (the Dallas-based corporation that owns the Mansion) and current president and COO of Crescent Real Estate Equities, which partnered with Ritz-Carlton to build the new Dallas property.
    ...
    When Alberts asked Fearing to be the hotel's executive chef, Fearing countered by offering Alberts a partnership in a restaurant that would lease space at the Ritz-Carlton.
    ...
    When Alberts asked Fearing to be the hotel's executive chef, Fearing countered by offering Alberts a partnership in a restaurant that would lease space at the Ritz-Carlton.
    ...
    "When [Alberts] said to me 'You got a deal,' my next thought was, 'Wow, I'm really going to do it,' " says Fearing.

  • View Online Source
    phx.corporate-ir.net/phoenix.zhtml?c=104609&p=irol-news - [Cached Version]
    Published on: 8/5/2003    Last Visited: 4/14/2008  

    Denny Alberts, President and Chief Operating Officer, commented, "As expected in the second quarter, our total office economic occupancy declined by 60 basis points, down to 85.1% from 85.7%.
    ...
    As you may also recall, Canyon Ranch Lenox had an extraordinarily profitable second quarter of 2002, which has caused a tough year over year comparison," stated Alberts.

  • View Online Source
    www.sec.gov/Archives/edgar/data/1184162/0001209191-07-0 - [Cached Version]
    Published on: 8/3/2007    Last Visited: 8/25/2007  

    0001184162 ALBERTS DENNIS H 777 MAIN STREET SUITE 2100 FORT WORTH TX 76102 0 1 0 0 President & COO

  • View Online Source
    www.sec.gov/Archives/edgar/data/918958/0000950134-07-01 - [Cached Version]
    Published on: 6/27/2007    Last Visited: 6/28/2007  

    Dennis H. Alberts
    ...
    Dennis H. Alberts(1)
    ...
    Goff and Alberts who recused themselves, considered them prior to approving the mergers and the merger agreement.

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