Spencer Young is the Development Controller for Buccini Pollin Group. He is responsible for all accounting functions for the projects in development such as new construction builds, renovation projects, and tenant fit outs. He provides budget forecasts, cash analysis, and capital calls for ownership; supervises the monthly development draws or funding requests to lenders and financing institutions; and manages all cash activity within the department.
Spencer works closely with the Finance and Asset Management teams to prepare necessary analyses for the closings of new loans, refinances, and acquisitions. He collaborates with auditors to meet the requirements on external audits such as cost certifications for Historical Tax Credits and the Downtown Development District (DDD) grant rebate program. He also prepares financial reports for internal and external clients in addition to the year-end work papers for the development entities so the tax returns can be filed.
During his time with BPG, Spencer has had a hand in over $450M worth of new financing and acquisitions, led numerous audits resulting in roughly $6M of grant proceeds, and an additional $15M of tax credit funding.
Spencer is a graduate of Neumann University with a bachelor’s degree in Business Administration and a minor in Marketing.