Originally published on August 11, 2023, by Marie Ruff for NAIOP.
A career in commercial real estate presents ample opportunities for problem-solving and creative approaches to complex challenges – a natural fit for Sagar Rathie, managing director, commercial office/mixed-use, Crescent Communities, and recipient of the 2022 Developing Leaders Award. His colleagues note his “uncanny ability to problem-solve,” long-term strategic thinking, strong market knowledge, and talent for bringing out the best in others as examples of his professional strengths.
Sagar Rathie joined Crescent Communities in 2016 and currently serves as managing director for the commercial division. He leads all aspects of the company’s office and mixed-use acquisitions and developments throughout the Southeast, with an active investment and pipeline development portfolio totaling 3.5 million square feet and representing $1.0 billion in capital deployed. He is responsible for sourcing, entitling, designing, financing, and executing on new and value-add commercial office and mixed-use developments across the Carolinas, Tennessee, Central Florida, Georgia, Texas and Arizona.
Rathie has extensive capital markets experience, having collectively raised nearly $3.0 billion in third-party equity and debt throughout his career. Previously, he was Crescent Communities’ director of corporate finance and investor relations, where he played an integral role in the company’s financial forecasting and planning efforts, assisted with the investment committee process, and led numerous strategic initiatives for the company. Prior to Crescent Communities, he was an investment banking senior associate with Piper Sandler and a manager at GlaxoSmithKline.