Austin, Texas—Crescent Communities has named two new senior leadership positions on the finance team. Heather Kels has been named vice president and controller and Blythe McAulay assumes the role of director, corporate finance.
Kels served as the primary contact for Crescent’s and the lender’s counsel for due diligence surrounding a $350 million bond offering and a $75 million tack on offering. She joined Crescent five years ago and has led and managed many roles, including financial reporting, corporate treasury functions, debt compliance, cash management and accounts payable.
Prior to joining Crescent, Kels held roles as senior auditor with accounting firm Reznick Group and was a senior financial analyst with Wachovia’s Corporate Investment Bank.
McAulay has been promoted to director, corporate finance. She joined Crescent’s corporate finance team more than two years ago and played an instrumental role in Crescent’s recent capital raising activities. McAulay came to Crescent from Bank of America where she served as assistant vice president and began her career as an analyst at Edgeview Partners, a specialized investment bank serving the unique merger and acquisition (M&A) advisory needs of middle-market clients.