Craig A. Spencer

Mr. Spencer is the 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. Mr. Spencer is the Principal of Arden Fund Management, which operates Arden’s multiple discretionary real estate equity and debt funds.

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 o f 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 Champio ns. Craig and Jon also established and are the Co Chairmen of the JBJ Soul Charitable Foundation, which has provided 600 housing units along with educational programs to homeless men and women. The Foundation has served over 106,000 meals through its Soul Kitchens.

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, an d bankruptcy law. He is a 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 School of Law Board of Visitors.