Crescent Club

What Crescent Club does

Crescent Club is a residential apartment community located at 3000 Tulane Avenue in Mid-City New Orleans, Louisiana, founded in 2020 as a property in the Domain Companies portfolio. The community offers one- and two-bedroom apartment homes in both market rate and income-restricted configurations, with monthly rents ranging from $1,407 to $2,003 for market rate units and $505 to $1,213 for affordable units subject to Low Income Housing Tax Credit program requirements. An ancillary Corporate Housing program provides furnished short-term leases with a minimum 3-month term for traveling professionals and relocating workers.

The underlying technology stack is conventional for a Class A multifamily asset: SecureCafe powers online leasing applications, lease signing, rent payments, and maintenance requests through a resident portal, while LuxerOne provides secure package locker access. Amenities include a swimming pool, sundeck, two fitness centers, fenced dog park, business centers with complimentary WiFi, a clubroom, and a secure parking garage. Marketing and lead generation run through the company website, a Facebook page, email newsletter signup, phone/SMS, and the on-site leasing office. Customer segments span healthcare professionals (proximity to University Medical Center, LSU Health Sciences Center, and Tulane School of Medicine), university students (Xavier, Tulane, Loyola), general residential tenants, and LIHTC-qualified income-restricted households, all served through direct-to-consumer leasing via the SecureCafe portal and on-site leasing office at 504.386.3726.

Revenue is generated through monthly recurring residential rent payments across market rate and affordable units, supplemented by corporate housing leases and ancillary fees (pet fees of $500-$750 plus $15/month per pet). The company is privately held with 11-50 employees and is wholly operated within the Domain Companies parent structure, which provides property management, the MyCommunity and MyDomain resident programs, and shared back-office infrastructure across its Mid-City New Orleans portfolio.

Name

Crescent Club

Legal name

Crescent Club

Website

https://crescentclubnola.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Crescent Club is a Mid-City New Orleans apartment community operated by Domain Companies, offering one- and two-bedroom market rate and income-restricted units with resort-style amenities, targeting healthcare professionals, university students, and general residential tenants in the New Orleans medical district.

Ownership category

akta.pro rank

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Residential Lease Revenue: Monthly rental income from one- and two-bedroom apartments. Residents pay rent on a monthly basis with lease terms typically ranging from month-to-month to annual contracts. Corporate housing available with minimum 3-month terms. Revenue is recurring and subscription-based.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Crescent Club is a residential apartment community in Mid-City New Orleans that leases one- and two-bedroom apartment homes on monthly terms, with both market-rate units ($1,407–$2,003/month) and income-restricted affordable housing units ($505–$1,213/month) under the Low Income Housing Tax Credit program. Residents also have access to resort-style shared amenities including a pool and sundeck, two fitness centers, business centers, a fenced dog park, a secure parking garage, and LuxerOne package lockers. A corporate housing option is offered for traveling professionals with a minimum three-month lease term.

Product overview

Crescent Club is a residential apartment community offering a portfolio of one- and two-bedroom apartment homes in Mid-City New Orleans. The portfolio consists of Market Rate Apartments (ranging $1,407-$2,003/month) and Income Restricted Affordable Housing units (ranging $505-$1,213/month), both featuring full-size washers/dryers, modern finishes, and select units with private balconies. As a Domain Companies property, residents also receive access to resort-style amenities including a pool, two fitness centers, business centers, and a pet-friendly environment. An optional Corporate Housing program offers furnished short-term leases (minimum 3 months) for traveling professionals.

Differentiator

Problem solved

Functional benefit

Products and services

• Market Rate Apartments One- and two-bedroom apartment homes leased at market-rate pricing ranging from $1,407 to $2,003 per month depending on floor plan, featuring full-size washers and dryers, modern fixtures, energy-efficient appliances, and select residences with private balconies or terraces.
• Income Restricted (Affordable) Apartments Income-restricted one- and two-bedroom apartments with rents from $505 to $1,213 per month for households meeting LIHTC income limits (single occupancy $18,870–$37,740 up to four-person households $26,940–$53,880), with voucher holders exempt from minimum income requirements. Applications route through a shared waitlist with sister Domain properties The Preserve, Gold Seal Lofts, and Meridian.
• Corporate Housing Flexible-term housing option with a minimum three-month lease term designed for business travelers, traveling nurses, and relocating professionals; furnished apartments may be offered upon request.
• Resort-Style Amenities Shared community amenities including a large swimming pool with sundeck, landscaped courtyard, outdoor lounge, two fully equipped fitness centers, fenced-in dog park, secure parking garage, business centers with complimentary WiFi, clubroom, and LuxerOne secure package lockers.

Quantifiable outcome

• 10-minute drive to French Quarter and downtown New Orleans
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Domain CompaniescoreStrategic or Co-development PartnerDomain Companies is the parent real estate investment and development firm behind Crescent Club. They specialize in sustainable, mixed-use communities and provide property management, resident services (MyCommunity, MyDomain programs), and community engagement initiatives including volunteer opportunities, local nonprofit support, and enhanced resident discount programs.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• AvalonBay Communities: Multifamily REIT operating ~300 Class-A apartment communities with urban high-rise and suburban garden-style product. Directly comparable on amenity package (pool, fitness, package lockers, resident portals) and resident demographic targeting (young professionals, medical, and graduate students).
• Bozzuto Group: Privately-held multifamily developer, owner, and manager with a portfolio of Class-A apartment communities emphasizing resort-style amenities and resident services. Closely mirrors Crescent Club's positioning as a developer-operator with managed, amenity-rich communities.
• Greystar Real Estate Partners: Largest multifamily operator in the United States, managing over 800,000 units across Class-A and Class-B apartment communities. Comparable as a broad incumbent defining the operational, amenity, and resident-experience standards against which Crescent Club competes.
• Camden Property Trust: Public multifamily REIT operating ~172 apartment communities across the Sunbelt with a focus on Class-A urban and suburban properties. Comparable in unit-level product positioning (resort-style amenities, modern finishes, in-unit laundry) and resident-segment targeting.
• Equity Residential: Large-cap multifamily REIT focused on urban Class-A apartment communities in coastal gateway markets. Comparable as a benchmark for Crescent Club's urban Mid-City positioning, in-unit finishes, and amenity-driven resident experience.
• Lincoln Property Company: One of the largest diversified real estate services firms in the U.S., managing a substantial multifamily portfolio. Comparable as a third-party operator of mid-rise urban apartment communities similar to Crescent Club's Mid-City configuration.

Emerging players

• RangeWater Real Estate: Privately-held multifamily developer and operator focused on Sunbelt markets including the Gulf Coast. Comparable as a growing operator pursuing amenity-driven Class-A apartments in secondary and tertiary markets similar to Crescent Club's New Orleans context.

Direct peers

• The Preserve: Direct sister property also operated by Domain Companies in Mid-City New Orleans. Shares the same affordable-housing waitlist and management infrastructure, making it the closest operational and geographic comparable to Crescent Club.
• Gold Seal Lofts: Domain Companies Mid-City New Orleans apartment property sharing the same LIHTC-affordable waitlist as Crescent Club. Operates an almost identical business model, target renter segments, and amenity profile in the same neighborhood.
• Meridian (Mid-City NOLA): Fourth Domain Companies property participating in the shared Mid-City affordable-housing waitlist with Crescent Club. Same operator, same neighborhood, same regulatory (LIHTC) framework — a direct comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xfacebook.com/crescentclubnola
• Facebookfacebook.com/crescentclubnola

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crescent Club