June 30, 2021 – Albuquerque, NM – New Mexico Bank & Trust (NMBT) announced the appointment of Ben Spencer, Principal of Titan Fund Management and founding partner of Titan Development in Albuquerque, to Chairman of the bank’s Board of Directors.
“Ben is an accomplished entrepreneur and business leader who brings a wealth of knowledge and insight to our Board,” said R. Greg Leyendecker, President and CEO of New Mexico Bank & Trust. “We are excited to welcome him to his new role and work together in support of our community.”
Spencer has over 30 years of experience in real estate development and investment and specializes in the areas of financial analysis and deal structure. He recently served as CEO of Titan Development and still holds several leadership roles with the company he co-founded in 1999.
Titan Development has won numerous excellence awards and is one of the Southwest’s largest full-service real estate development and investment firms, offering services for multifamily, mixed use, office, industrial, and retail real estate. The company is creator and developer of the new Journal Center Lofts as well as The Highlands project in downtown Albuquerque (in conjunction with Maestas Development Group), which includes Springhill Suites by Marriott and the first-ever Ronald McDonald House designed and built inside a hotel.
As a third generation New Mexican, Spencer is active in the community and is committed to its growth and success. In addition to serving as Board Chairman for New Mexico Bank & Trust, he also serves on the Albuquerque Economic Development Board of Directors and has an MBA from Southern Methodist University.