Craig A. Spencer
Chairman and CEO of Arden Group
Craig is the CEO of The Arden Group, Inc., established in 1989 as a fully integrated real estate company focusing on acquiring, developing and managing high quality real estate assets across the largest US markets. The company has purchased and developed more than $3 Billion of real estate including office buildings, full service hotels and 3,000+ acres of commercial and residential land. Arden’s asset management group has managed more than $5 Billion in assets. Craig is also a Founder and Principal of Arden Real Estate Partners L.P., Arden’s discretionary real estate fund platform which is focuses on acquiring under-performing Class A office buildings and full service hotels in the top 20 US Markets.
In addition to leading Arden, Craig has participated in several non-real estate ventures including the acquisition and subsequent sale of Admiralty Bank to Royal Bank of Canada in February 2003. He was also a founding board member of Anchor Commercial Bank based in Palm Beach, Florida.
Craig was Founder/Co-Owner with Jon Bon Jovi of the Philadelphia Soul Arena Football Team. Craig helped build it into the most successful team in the league and the 2008 World Champions. Craig and Jon also established and are the Co-Chairmen of the JBJ Soul Foundation, which has provided over 400 housing units along with educational programs to homeless men and women and in 2011 opened its first Soul Kitchen in Red Bank, NJ.