Alan Razak

Biography: Alan Razak is a principal and co-founder of AR Spruce LLC, a Philadelphia-based company that plans, creates, and manages real estate. His 45+ years of commercial real estate experience encompasses development and project management, finance, architecture, urban design and advisory services. His work includes managing the development process both as owner and as fee developer, in residential, office, and commercial projects, as well as data centers and other complex technical facilities. After years of principal positions in development and consulting firms, Alan started Razak Company in 2003, which in 2011 merged into AthenianRazak and in 2020 became part of the creation of AR Spruce. The combined firm has been responsible for a large variety of projects in the Philadelphia region, ranging from innovative LEED-certified multifamily residential to the benchmark-setting training and HQ complex for the Philadelphia 76ers. In its other two service arenas, the company has provided sophisticated and varied real estate advisory services for many of the region’s most important businesses, institutions, nonprofits and governments, and its property management operations focus on ushering distressed assets from failure to restoration, something the firm has done through four market cycles for lenders, investors, owners, special servicers and the courts. Starting as an architect in 1975, Alan’s professional pursuits have always followed his eclectic mix of interests, from the minutiae of failed deal forensics to the big concepts of how we build better cities. He is deeply knowledgeable about the real estate development process, an expert in design and construction services procurement and contracts, a champion of responsible property investment and a vocal proponent of approaching real estate as a triple-bottom-line investment. As part of the ULI Learning faculty for over 20 years he has instructed thousands of r