
FRANK CLARK SPENCER, MBA
Experience:
2012-present HABITAT FOR HUMANITY of CHARLOTTE CHARLOTTE, NC
CEO- Direct the efforts of the ministry to provide affordable housing and ongoing support to families in Charlotte and El Salvador. As an expression of Christ's love for all people, we serve over 1000 homeowners and annually house two hundred additional families in Charlotte and abroad. The ministry builds new houses, rehabilitates foreclosed houses, repairs houses, runs a $4 million retail outlet, recycles 1200 tons of steel per year and services approximately 1000 non-interest bearing mortgages. The ministry is supported by 85 employees and thousands of volunteers.
2011-2012 PARHELION INVESTMENTS CHARLOTTE, NC
Principal.
Parhelion Investments is a privately owned equity investment firm specializing in real estate. Our investments include direct real estate ownership, operating companies and a public real estate mutual fund manager.
1996-2010 COGDELL SPENCER INC. CHARLOTTE, NC
As President, grew Total Enterprise Value from $10 million to $900 million; Revenue from $4 million to $330 million; Portfolio from 1.4 million square feet to 6 million square feet; Employees from 45 to 450; Funds From Operations (FFO) from $9 Million (2001) to $31 million (2009). Cogdell Spencer ERDMAN was named one of Charlotte’s Best Places to Work (2009, 2010). Cogdell Spencer ERDMAN was the leading healthcare design/build company in the United States ranked by annual revenue (2008).
President- Cogdell Spencer Advisors. Prior to IPO, led the private company responsible for all aspects of acquisition, development, management and financing of healthcare real estate portfolio. Notable healthcare projects personally directed by Mr. Spencer include the Medical Arts Center at NorthEast Medical Center, Gaston Ambulatory Surgery and Professional Center, and The Watson Women’s Center at University Hospital in Augusta, GA.
COO – The Cogdell Group, Inc. Directed daily operations of the real estate development company. Successfully implemented consolidation of corporate services, accounting and information systems and recruited key executives.
President of Cogdell Securities, Inc., member NASD/SIPC (1996-2002) Directed sales force and compliance of direct participation programs.
1993-1995 CHILDREN'S SERVICES NETWORK CHARLOTTE, NC
Executive Director. Directed the work of this independent agency to evaluate, coordinate and advocate for children's services in Charlotte-Mecklenburg. CSN provided strategic planning for addressing community priorities. Its annual report provided quantitative and qualitative measures of the well-being of children in
1993-1995 REAL ESTATE STRAEGY CONSULTING CHARLOTTE, NC
Independent Consultant. Projects included development of capital strategies, succession planning for privately held companies and strategic planning retreats. Taught “Introduction to Marketing” at Montreat College.
1986-1993 THE CROSLAND GROUP, INC. CHARLOTTE, NC
Corporate Vice President, Advisory Services. Responsible for realty advisory services including acquisition of income producing properties and asset management of investments. Led CGI strategic planning and served on Executive Committee. Managed CGI marketing and public relations. Consulted to other real estate firms.
Vice President, Crosland Properties Division. Developed multifamily real estate for the Crosland Portfolio. Projects included luxury apartment communities and affordable housing. Managed land acquisition, design, construction, marketing, finance and legal work.
Project Manager, Commercial Division. Developed projects with total budgets of $65 million.
1982-1984 NCNB (Bank of America) CHARLOTTE, NC
International Banking Representative, European Area. Evaluated correspondent banking relationships. Increased bankers' acceptance portfolio from $15 million to $60 million and improved return on assets. Administered $80 million syndicated loan portfolio. Managed accounts of European companies operating in the Carolinas (lending, documentation, credit analysis).
Senior Credit Analyst. Managed work flow of eight credit analysts. Trained analysts in review of financial statements and credit documentation.
Education:
1984-1986 HARVARD BUSINESS SCHOOL BOSTON, MA
Master of Business Administration with High Distinction. Baker Scholar (top 5% of class). Summer internship with Bain & Co. Field research in senior housing.
1978-1982 UNIVERSITY OF NORTH CAROLINA CHAPEL HILL, NC
Bachelor of Arts with honors in German.
Morehead Scholar
1980 UNIVERSITY OF REGENSBURG REGENSBURG, W.
One semester exchange program through
Professional
Designations
And Awards: Ernst and Young Entrepreneur of the Year Award Winner, Carolinas Region 2009. Ernst and Young EOY Judge, 2010. Full member - Urban Land Institute. Charlotte Chamber of Commerce - Board of Advisors. First Citizens Bank – Mecklenburg Area Board of Advisors 2003-2006. Real Estate Broker in North and South Carolina. Finance Instructor - Healthcare Financial Management Association. “40 under 40”– Charlotte Business Journal honor 2000. NASD Broker/Dealer 1996-2002.
Publications: "Determining the Expected Return for Equity Investment," Institutional Real Estate Letter, May 1993. "Bonds as Benchmark," Urban Land, June 1993. "Beyond Collaboration," Classroom Teacher, 1994.
Languages: Fluent German. Conversational French. Biblical Hebrew and Greek