Arden Group is committed to responsible investing through environmental sustainability. Our approach focuses on:
Identifying any potential environmental issues prior to acquiring any asset and requesting additional due diligence when necessary.
Working with best–in–class property managers that have ESG policies in place within their firms.
Ensuring up–to–date technology for property renovations or remodeling that include transitioning to LED lighting and improving efficiencies of HVAC systems.
Reducing water consumption and waste by implementing drought tolerant landscaping guidelines for our contractors to adopt at the property level.
Social
Arden Group is committed to enriching the communities in which we live and work. In 2006, Arden Group CEO Craig Spencer, co–founded and is today the Co–Chairman of the Jon Bon Jovi (JBJ) Soul Foundation. The Foundation has worked to break the cycle of hunger, poverty and homelessness through developing partnerships, creating programs and providing grant funding to support innovative community benefit organizations. In addition to Craig Spencer’s work at the JBJ Foundation, his commitments to the Haverford School have funded academic scholarships for decades.
Our firm is guided by the following principles:
A commitment to diversity, equity and inclusion
Employee development and retention with many employees with the firm for 10 years or more, with rewarding and evolving career paths.
Making a positive impact on the communities in which we operate.
Governance
Establishing and implementing good governance policies is an integral part of our investment process and in how we do business. Arden Group has a diverse and established Advisory Board that meets throughout the year to ensure transparency and governance. Our longstanding relationships with business partners, investors, lenders and service providers are a testament to our transparency and commitment.
Our team is committed to:
Conducting consistent due diligence processes
Sharing best practices across our portfolio
Operating with transparency
Engaging with partners and stakeholders to advance environmental, social and governance objectives
Arden Group’s CEO Craig A. Spencer, along with Jon Bon Jovi, serve as Co-Chairmen of the JBJ Soul Foundation, seen here at a ribbon cutting for Joseph’s House, a homeless facility in Camden, NJ.
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