Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company which owns and operates a multifamily and shopping center real estate portfolio with a value exceeding $3.7 billion, has announced the promotion of Craig Spicer to Senior Asset Manager, Multifamily Division. Spicer joined CRC in 2018 and was formerly an Asset Manager.

Spicer will continue to maximize the value, operational efficiency, and financial performance of a portfolio of multifamily communities spanning the Mid-Atlantic and Southeast sections of the United States. His duties include performing financial analysis, lender compliance, capital project management, budget review and approval, as well as reporting to internal and external stakeholders. Spicer also collaborates with CRC’s acquisitions team and assists with due diligence activities related to underwriting and value determination.

“Craig has demonstrated tremendous growth during his time at CRC and has played a key role in enhancing our Asset Management team.  We have a great deal of confidence in his skillset and ability to handle increased responsibilities,” stated Elisabeth Mygatt, CRC’s Director of Multifamily Asset Management. “His collaborative approach with our operations teams has led to the successful implementation of many strategies that drive value and, over the years, he has significantly increased our reporting capabilities. Craig’s commitment to personal development, coupled with his eagerness to embrace new responsibilities makes him an indispensable member of our team.”

Spicer has more than 11 years of directly related real estate and asset management experience, having previously worked for the Howard County Housing Commission, the Maryland Department of Housing and Community Development, and the U.S. Department of Housing and Urban Development.

He earned a degree in Political Science from Loyola University Maryland.