AR Spruce LLC Email Format

Real EstatePennsylvania, United States11-50 Employees

AR Spruce LLC operates in real estate development and advisory services, encompassing feasibility studies, portfolio planning, project management, owner’s representation, property management, and the handling and repositioning of REO and distressed assets. Formed by the merger of AthenianRazak and Spruce Real Estate, the firm is based in Philadelphia, Pennsylvania, and positions itself as a midsized company focused on advancing sustainable, equitable communities through diverse teams. 

 Its client base includes developers, institutions, and property owners seeking development guidance, feasibility analysis, and asset management, with projects such as the Philadelphia 76ers Training Complex and the African American Museum in Philadelphia illustrating the scope of its work. AR Spruce is certified as a women- and minority-owned business (WBE and MBE), reflecting its emphasis on inclusive teams. In November 2022, AR Spruce partnered with Black Squirrel Collaborative and the Urban Land Institute to recruit and train Black and Brown developers, provide access to capital, and pursue the creation of about 50 new residential units annually over five years.

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