Mr. Spencer is the Chairman & CEO of Arden Group, established in 1989 as a fully integrated real estate company focusing on acquiring, developing, and managing high-quality real estate assets in the top 25 US MSA’s. 

Arden has acquired approximately $6 billion of properties and asset managed more than $11 billion of commercial real estate assets. Mr. Spencer is the Principal of Arden Fund Management, its real estate equity and debt fund management business with offices in Philadelphia, New York, Tampa, Miami, Minneapolis, and Newport Beach. Arden Group has been consistently ranked globally as a top performing Private Fund Manager by both Cambridge Associates and Preqin including Preqin’s #1 global ranking in 2017, 2018 and 2019. 

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 co-founded and co-owned the Philadelphia Soul Arena Football Team with Jon Bon Jovi, helping the team become the 2008 World Champions. In 2006 Craig and Jon established and are the Co-Chairmen of the JBJ Soul Charitable Foundation, which to date has provided 700 housing units along with educational programs to homeless men and women. The Foundation through its Soul Kitchens has served over 200,000 meals.

Mr. Spencer attended the University of Florida and earned a J.D. from Georgia State University College of Law. Craig is a licensed attorney who specialized in real estate, banking, and bankruptcy law. Craig is a research sponsor and frequent guest lecturer at the Zell/Lurie Real Estate Center at The Wharton School of the University of Pennsylvania and a member of the Georgia State Law School Board of Visitors.