Latest Crescent Stories

2011-08-17 13:04:00

RALEIGH, N.C., Aug. 17, 2011 /PRNewswire/ -- Crescent Resources, LLC completed its acquisition of the 2.6 acre site at Clark Avenue and Oberlin Road in Cameron Village. Construction is underway on a 282-apartment home community, Gallery at Cameron Village. The $50 million project is being financed by equity investment from Crescent Resources, senior financing from Capital One Bank and mezzanine financing provided by Nationwide. "Capital One and Nationwide are first-class financial...

Latest Crescent Reference Libraries

2004-10-19 04:45:41

Lunar Phase -- The lunar phase is an astronomical term referring to the portion of the Moon that is visibly illuminated by the Sun, as seen from Earth. As the Moon orbits the Earth, the relative positions of the Sun, Earth and Moon change. Since the Moon only appears bright due to the Sun's reflected light, only the half of the Moon closest to the Sun is illuminated. Lunar phases are the result of our seeing the illuminated half of the Moon at different angles. The Moon exhibits...

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Word of the Day
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.