Max Spencer  joined Arden as the Managing Director of Acquisitions and Development at Arden Living DevCo in 2025 to lead the firm’s investment strategy and oversee the sourcing, underwriting, and execution of development opportunities across the United States. Max brings nearly a decade of acquisitions and development experience to Arden.

Before joining the firm, he was a member of the Acquisitions team at Starwood Capital Group in Miami. While at Starwood, he underwrote over $20 billion in potential acquisitions and developments
nationwide and successfully executed several notable residential projects, including The Perigon in Miami Beach, Lumaire in West Palm Beach and 1 Homes Jupiter Island in Jupiter Island.

Prior to Starwood, Max worked at Silverstein Properties in New York City on the Acquisitions and Development team. He began his career at Spring11 in New York City, focusing on CMBS underwriting and loan execution for major institutional lenders including JPMorgan, Citibank, and Starwood Property Trust.

Max holds both a Bachelor’s degree in Finance and a Master of Science in Real Estate from the University of Florida.