CREDE Announces Three New Hires to Expand Acquisitions & Construction Advisory Projects

 Irvine, CA, March 17, 2021

CREDE, a Southern California-based commercial real estate development and construction management company, has announced three new hires that will allow for additional growth in key markets through acquisitions, development, and construction advisory projects.

Jon Moyer joins CREDE in the newly created position of Vice President of Acquisitions, after spending more than seven years in Hawaii as Director of Investments for Alexander & Baldwin, a $2 billion publicly traded REIT. While there, he led the acquisition and execution of the Kaneohe Ranch Portfolio, one of Hawaii's most historic transactions that totaled more than $373 million dollars. Prior to Alexander & Baldwin, Moyer served in Acquisition roles with Latitude Management Real Estate Investors, a private debt and equity platform in Los Angeles, as well as Arden Realty, a $3 billion REIT focused on suburban office property investments in the Western U.S.

 Moyer holds a bachelor's degree from California State University, Long Beach and received an MBA from the Smith School of Business at the University of Maryland. He is an active member of ULI and ICSC.

In this new role at CREDE, Moyer will focus on the acquisition of value-add multi-family and industrial properties along with unentitled and entitled land that CREDE can develop in Dallas/Ft. Worth and Austin, Texas, as well as other target markets in Texas.

The Texas market has always been a key focus of CREDE and to have a dedicated development acquisition person with Jon's expertise and background will only further our commitment and dedication to the Texas market, said President Thomas Reiter.

CREDE currently has three projects in Texas: Hawk View Industrial Park, a 282-acre industrial development in Midland; Cougar Commercial, a 217,800 sq. ft. ground-up retail and mixed-use development in Melissa; and Melissa Village, a 315,810 sq. ft. retail and mixed-use project in Melissa.

Tim Cromwell has also joined CREDE as a Director of Strategic Development. With over three decades of experience in the hospitality, retail, and multifamily residential markets, Cromwell has been involved with many high-profile brands including Marriott, Ritz Carlton, Hilton, Hyatt, Four Seasons, Morton’s Restaurant Group, Irvine Company, Rancho Mission Viejo, Atria Senior Living, and Neiman Marcus.

Having previously worked at RD Olson Construction and Hopkins Development, Cromwell brings a unique combination of skills to clients on both new development and redevelopment projects, with the ability to assist in project team selections, site acquisitions, land planning, entitlements, marketing, and finance. He holds a bachelor’s degree from San Diego State University.

Also joining CREDE is Cody Wagner, who serves as a project manager for the Construction Advisory division. Prior to joining CREDE, Wagner was previously with Irvine Company, where he oversaw multi-million-dollar reinvestments and redevelopments of office and other commercial properties. Wagner holds a bachelor's degree from Westmont College and an MBA from University of Maryland. He is a member of both NAIOP and ULI.