Firm

Arden Group is a privately held, vertically integrated middle market private commercial real estate fund manager and operator.

• Founded in 1989 by current CEO, Craig Spencer, Arden has a seasoned executive team with over three decades of experience through multiple market cycles.
• Approximately 80 employees across 12 locations nationwide.
• In-house expertise in acquisition, execution, development, financing, asset management, and dispositions enables us to manage the full life cycle of our investment with an operator versus allocator mindset.
• Essential to executing our strategy in the industrial space, Arden Logistics Parks was established in 2021 as a best-in-class logistics real estate operating platform specializing in the acquisition, improvement, and property management of last mile infill industrial properties. The team (50 people | 10 locations) operates a geographically diverse 10.3M square feet portfolio of niche last mile light industrial assets in highly sought after urban infill locations.
• The firm employs a proactive investment process driven by long term secular macro trends. We apply in-depth knowledge and expertise to identify sector themes with positive trends and then actively transition asset allocation to align with high conviction views.
• Commitment to responsible investing and fostering a culture of diversity and inclusion.

Investment Focus

Arden Group’s investment focus is on high quality commercial real estate assets in top US MSA’s, dynamic growth markets and critical logistics centers.

• Arden Real Estate Partners Funds (AREP) ,the flagship fund series, maintains a middle market value-add and thematic strategy exclusively targeting the following sectors:
  • Primary emphasis on niche last mile infill light industrial:
    • Multi-tenant (shallow and mid-bay)
    • Industrial service facilities/outdoor storage (ISF/IOS)
  • Living (multifamily and student housing)
  • Special situations/gap capital (premier hospitality and trophy office)
• Qualified Opportunity Zone Funds::
  • Directly develop or partner with premier developers on high quality multifamily and student housing projects.
  • Leading fund manager in the space (closed Arden Qualified Opportunity Zone Fund, L.P. in 2022 at $356M).
• Credit Fund Funds:: Leverages Arden’s equity underwriting expertise to provide debt financing solutions secured by middle market commercial real estate across ground-up construction, transitional, and stabilized assets.
• RXR ARDEN Digital Ventures Fund: Joint venture between RXR and Arden focused on venture capital investments in real estate technology companies (PropTech).

History

Since founding Arden Group during the depths of the savings & loan crisis with the purchase of non-performing loans and real estate assets from the Resolution Trust Corp. and the FDIC, Chairman and CEO Craig A. Spencer has overseen the Firm’s growth over three decades into a vertically integrated investment and operating platform.