Thursday, December 22, 2011

On the 9th Day of Christmas - Algenon Cash

(Click here to listen to Algenon's interview) Also on iTunes

Algenon (Al-ja-non) is managing director of Wharton Gladden, a boutique real estate investment banking firm  headquartered in North Carolina.  In 2003, Algenon and a group of private investors created Wharton Gladden to provide small and middle market business owners, real estate developers, and investors with commercial mortgage banking, private equity, and capital markets advisory.  Today, Wharton Gladden has strategically advised clients on over $1 Billion in whole loan acquisitions and liquidations, and the firm has been engaged in 119 multifamily and commercial real estate transactions that have totaled over $250 Million. 

Algenon launched the Wharton Gladden Foundation in 2009 to honor the lifelong contributions of Irene Wharton and Franklin Gladden.  The foundation supports local charities that provide services to victims of homelessness, substance abuse, and domestic violence.  Algenon serves as chairman of the Wharton Gladden Foundation.

Algenon served on the board of directors of TREBIC, an association that is dedicated to promoting economic development, balanced growth, and protecting private property rights.  He is a past member of NAIOP / Commercial Real Estate Development Association board of directors, an association that is committed to providing commercial real estate developers with innovative strategies, education, and networking.  He was appointed to NAIOP National Young Professionals Forum and met with peers from around the country to tackle issues concerning young executives in the commercial real estate industry.   In addition, NAIOP appointed Algenon to their National Membership Committee to help  create and implement strategies  that will lead  to effective recruitment and retention of members.   Lastly, Algenon serves on the advisory board for local small business – Efird Sutphin & Pearce, and Bennett College’s Students in Free Enterprise.

In 2007, Algenon organized a variety of real estate associations in the Piedmont to host the Triad Dealmakers Symposium, an event that promoted regional networking and education to over 200 attendees.  In the same year, he created and led the implementation of the Piedmont Real Estate Council to provide highly valued programming to members of the regional real estate community.

In 2010, the North Carolina Council on Economic Education appointed Algenon to their board of directors, and subsequently to the executive committee.  Algenon serves as the Governmental Affairs Chair and he co-chairs the Marketing /Public Relations Committee.  In 2011, the Piedmont Club, which is a premier business club in the Piedmont Triad, appointed Algenon to chair the Membership Council and serve on their Board of Governors.  Algenon is responsible for developing and leading the Piedmont Club’s inaugural membership campaign.

Algenon has received a variety of prestigious awards and recognitions.  In 2006, he was named a Paul Harris Fellow with Rotary International.  In 2007, he was named one of the Triad Business Journal’s “40 Leaders under Forty”.  In the same year, he was one of 15 recipients and the only one selected in the Southeast to receive a National Developing Leaders Award.  In 2008, Business Leader Media named Algenon one of 30 “Triad Movers & Shakers” and one of 24 “Impact Leaders” in the real estate industry.  In 2009 and 2010, Business Leader Media named Wharton Gladden one of North Carolina’s “Top 100 Small Businesses”.  In 2011, Business Leader Media named Wharton Gladden one of the “Top 300 Small Businesses in the Southeast”. 

Algenon is growing to become a speaker in great demand and he now speaks to a variety of businesses and professional groups about real estate, capital markets, wealth building, success, and leadership.  Algenon has been profiled in a variety of publications such as the Triad Business Journal, Business Leader Magazine, and Development Magazine.   He writes a regular blog at  He is a guru on personal finance and appeared regularly on 97.1 QMG with radio personality Busta Brown, and he was the co-host of Community Focus with Renee Vaughn.

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