~~Table~~SECURITIES ofAND ~~Contents~~EXCHANGE COMMISSION Washington, D.C. 20549

~~UNITED~~FORM ~~STATES~~8-K ~~SECURITIES AND EXCHANGE COMMISSION~~

~~Washington,~~CURRENT ~~D.C. 20549~~REPORT

~~FORM~~Pursuant ~~8-K~~to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~CURRENT~~Date ~~REPORT~~of Report (Date of earliest event reported): May 3, 2006

~~Pursuant~~CRESCENT toREAL ~~Section 13~~ESTATE orEQUITIES ~~15(d) of the Securities Exchange Act of 1934~~COMPANY

~~Date~~(Exact name of ~~Report~~registrant ~~(Date~~as ofspecified ~~earliest~~in ~~event~~its ~~reported~~charter)~~: May 25, 2005~~

CRESCENT REAL ESTATE EQUITIES COMPANY


Texas	1-13038	52-1862813
(State or other jurisdiction	(Commission file number)	(I.R.S. Employer
of incorporation)		Identification Number)

777 Main Street, Suite 2100 Fort Worth, Texas 76102 (~~Exact~~817) 321-2100 (Address, ~~name~~including ofzip ~~registrant~~code, asand ~~specified~~telephone innumber, ~~its~~including ~~charter~~area code, of registrant’s principal executive offices)

~~Texas~~ (~~State~~Former name or ~~other~~former ~~jurisdiction~~address, ofif ~~incorporation)~~changed ~~1-13038~~since ~~(Commission~~last ~~file number~~report) ~~52-1862813 (I.R.S. Employer Identification Number)~~

~~777~~Check ~~Main~~the ~~Street,~~appropriate ~~Suite 2100 Fort~~box ~~Worth,~~below ~~Texas~~if ~~76102 (817) 321~~the Form 8-~~2100~~K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~(Address,~~o ~~including~~Written ~~zip~~communications ~~code,~~pursuant ~~and~~to ~~telephone~~Rule ~~number,~~425 ~~including~~under ~~area~~the ~~code,~~Securities ofAct ~~registrant’s~~(17 ~~principal~~CFR ~~executive offices~~230.425)

~~(Former~~o ~~name~~Soliciting ormaterial ~~former~~pursuant ~~address,~~to ifRule ~~changed~~14a-12 ~~since~~under ~~last~~the ~~report~~Exchange Act (17 CFR 230.14a-12)

~~Check~~o ~~the appropriate box below if the Form 8~~Pre-Kcommencement ~~filing~~communications ispursuant ~~intended~~ to ~~simultaneously~~Rule ~~satisfy the~~14d-2(b) ~~filing~~under ~~obligation of~~ the ~~registrant~~Exchange ~~under~~Act ~~any~~(17 ofCFR ~~the following provisions:~~ 230.14d-2(b))

o ~~Written~~ Pre-commencement communications pursuant to Rule ~~425~~ 13e-4(c) under the Securities Act (17 CFR 230.~~425~~13e-4(c) )

~~o Soliciting~~ The ~~material~~information ~~pursuant~~contained toin ~~Rule 14a~~this Form 8-12K is being furnished under Item 2.02 — Results of Operations and Financial Condition. This information, including the exhibits attached hereto, shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (17the ~~CFR~~“Exchange ~~230~~Act”), or otherwise subject to the liabilities of that Section.~~14a~~ The information in this Current Report on Form 8-~~12)~~K shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or under the Exchange Act, regardless of any general incorporation language in such filing.

~~o Pre-commencement communications pursuant to Rule~~Item ~~14d-~~2~~(b)~~.02. ~~under~~Results ~~the~~of ~~Exchange~~Operations ~~Act~~and ~~(17~~Financial ~~CFR 230~~Condition.~~14d-2(b))~~

~~o Pre-commencement~~ On ~~communications~~May 3, ~~pursuant~~2006, toCrescent ~~Rule 13e-4~~Real Estate Equities Company (cthe “Company”) ~~under~~issued a press release to report its financial results for the ~~Securities~~quarter ~~Act~~ended ~~(17~~March 31, ~~CFR~~2006. ~~230~~The press release is furnished as Exhibit 99.~~13e-4~~1 hereto. On that date, the Company also posted to its website (cwww.crescent.com)) its first quarter 2006 supplemental operating and financial data and an investor presentation containing updated information about the Company’s operating data, its strategy and completed and planned transactions. The supplemental operating and financial data and the investor presentation are furnished as Exhibits 99.2 and 99.3, respectively, to this Form 8-K.

~~TABLE~~Item 9.01. OFFinancial ~~CONTENTS~~Statements and Exhibits.

~~Item~~ The ~~7.01~~following ~~Regulation~~exhibits FDare ~~Disclosure.~~included ~~SIGNATURES~~in this Form 8-K.

~~Table~~(d) ~~of Contents~~Exhibits

Item 7.01 Regulation FD Disclosure.

	99.1		Press Release, dated May 3, 2006 of Crescent Real Estate Equities Company relating to its third quarter results of operations.

	99.2		First Quarter 2006 Supplemental Operating and Financial Data of Crescent Real Estate Equities Company.

	99.3		Investor Presentation of Crescent Real Estate Equities Company for First Quarter 2006

It has been brought to our attention that there is an inaccurate posting on the Yahoo! Finance web site regarding our indicated annual dividend per share. We are currently attempting to contact a representative at Yahoo! to correct the posting. As stated in our public disclosure in connection with our earnings call on May 5, 2005, our indicated annual dividend per share remains at $1.50. This report on Form 8-K2- ~~shall not be deemed an admission as to the materiality of any information in this report that is required to be disclosed solely to satisfy the requirements of Regulation FD.~~

~~Table of Contents~~SIGNATURES

~~SIGNATURES~~ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

~~Pursuant~~CRESCENT toREAL ~~the~~ESTATE ~~requirements~~EQUITIES ofCOMPANY ~~the~~By: ~~Securities~~/s/ ~~Exchange~~JERRY ~~Act~~R. ofCRENSHAW ~~1934,~~Name: ~~the~~Jerry ~~registrant~~R. ~~has~~Crenshaw, ~~duly caused~~Jr. ~~this~~Title: ~~report~~Managing toDirector beand ~~signed~~Chief onFinancial ~~its behalf by the undersigned hereunto duly authorized.~~ Officer

~~CRESCENT REAL ESTATE EQUITIES COMPANY By~~Date: ~~/s/ DAVID M. DEAN Name: David M. Dean Title: Managing Director~~May 3, ~~Legal and Secretary~~2006

~~Date: May 25, 2005~~-3-

EXHIBIT INDEX


Exhibit No.		Description

99.1		Press Release, dated May 3, 2006, of Crescent Real Estate Equities Company relating to its first quarter results of operations.

99.2		First Quarter 2006 Supplemental Operating and Financial Data of Crescent Real Estate Equities Company.

99.3		Investor Presentation of Crescent Real Estate Equities Company for First Quarter 2006

-4-

Filing Compare · CRESCENT REAL ESTATE EQUITIES CO