EXPERIENCED TEAM

Robert Ambrosi presently serves as Chairman and Chief Executive Officer with both ARC Properties, Inc., and ARC Property Trust (ARCTrust), Inc., based in Clifton, New Jersey. Established in 1985, ARC Properties specializes in the acquisition and development of investment properties and net lease opportunities throughout the United States with a focus on the New York to Washington D.C. corridor , while ARCTrust functions as an unlisted public net lease property REIT (real estate investment trust).

Robert Ambrosi boasts more than 25 years of professional experience in the purchase, development, and ongoing administration of international real estate projects. To date, Mr. Ambrosi’s extensive real estate work has resulted in the acquisition and development of over 200 investment properties, collectively valued at more than $2 billion. Mr. Ambrosi began his real estate career as an analyst with the Mutual Life Insurance Company of New York. Robert Ambrosi subsequently served as Vice President of Marcil Properties, Inc., between 1976 and 1978. A Canadian investment firm, Marcil Properties facilitated the acquisition of real estate in the United States for foreign investors. In 1979, Robert Ambrosi cofounded Tibor Pivko + Company, a real estate advisory firm with activities across the United States, Europe, and the Middle East.

Mr. Baumann was born in 1968 and is an attorney admitted to practice law in New Jersey and retired from practice in New York.  He practiced law at the nationally recognized firm of Lowenstein Sandler, LLP and the international construction law firm of Peckar and Abramson, P.C.  Mr. Baumann has been with the ARCTRUST Group of Companies since 2005 and together with his prior experience has served the real estate development, finance and investment sectors through fund creation, strategic capital planning, transaction structuring, capital raising, entitlement, construction, and project delivery.  Mr. Baumann is currently Chairman of ARCTRUST III, Inc., an affiliate-sponsored private non-traded REIT overseeing approximately $300 million in investments focused on ground up development, value-add opportunities and debt financings made through preferred equity investments, joint ventures and participating loan structures.  Mr. Baumann earned his Juris Doctor degree from Rutgers University School of Law-Newark and holds a Bachelor’s degree in Finance from Kean University, Magna Cum Laude.

Mr. Morena was born in 1953 and has been with the group since 1997.  Prior to joining the ARCTRUST Group of Companies, Mr. Morena was Chief Financial Officer of Tel-Save Holdings, Inc., a publicly traded telecommunication company.  Prior to Tel-Save, Mr. Morena was employed at Air & Water Technologies, Inc., and International Nickel, Inc., where he managed various corporate finance functions.  Mr. Morena has a Master’s degree in Banking and Finance and a Bachelor’s degree in Finance from New York University.

Jason Kessler, Chief Investment Officer of the ARCTRUST Group of Companies.  Mr. Kessler was born in 1980 and is responsible for leading the Investment Committee and managing and implementing the Joint Venture Development Program.  Prior to joining the ARCTRUST Group of Companies, Mr. Kessler was the Vice President of Acquisitions and Development for FC Development Group, a commercial real estate development company focused on ground up, redevelopment and brownfield opportunities in the Mid-Atlantic region where he was responsible for identifying and underwriting development opportunities, working with lenders and financing alternatives, and leading the firm’s diversification into consulting activities.  Prior to joining the Real Estate sector, Mr. Kessler worked on Wall Street for Bear Stearns and Lehman Brothers.  Mr. Kessler attended the Leonard N. Stern School of Business at New York University and received a Bachelor of Science in Finance and Accounting, graduating Magna Cum Laude.

Mr. Ambrosi was born in 1981 and is primarily responsible for overseeing the day-to-day operations of the company, financial and portfolio analysis, marketing, and he is a member of the investment committee.  Since joining the firm in 2004, Mr. Ambrosi has been active in the development, acquisition and disposition of real estate assets, retail leasing, and as the administrator of information and business technology for the company.  Mr. Ambrosi is enrolled in the Masters of Professional Studies in Real Estate program at Georgetown University, holds a Bachelor’s degree in Communications and Business Administration from Villanova University, and is a Vistage Key Executive Group member.