Robert J. Ambrosi, born in 1950, is Chairman, Chief Executive Officer, and founder of ARC Properties, Inc., and was founder, President, and Chairman of ARC Corporate Realty Trust, Inc., a public but non-listed Net Lease Property Real Estate Investment Trust. Mr. Ambrosi has over 35 years of experience in the acquisition, development and management of real estate projects internationally. He began his career as a real estate analyst at the Mutual Life Insurance Company of New York. He was then hired as a Vice President to open the New York Office of Marcil Properties, a Canadian real estate investment banking firm, and was responsible for the acquisition of U.S. real estate and Net Leases on behalf of foreign based investors. In 1979 he co-founded Tibor Pivko + Company, an international real estate advisory company with activities in the United States, Europe and the Middle East. In 1985 he founded ARC Properties Inc., to specialize in the acquisition and development of Net Leases and real estate properties throughout the United States. He has a Master's degree in Finance from Rutgers University, a Senior Certificate in Real Estate from New York University, and a Bachelor's degree in Engineering from the New Jersey Institute of Technology. Mr. Ambrosi has been a frequent guest lecturer on international business at several universities including the Graduate Schools at Duke University and Rutgers University.
Marc Perel, CPA, born in 1953, is President, Chief Operating Officer, and co-founder of ARC Properties Inc., and was Executive Vice President and Director of ARC Corporate Realty Trust. Mr. Perel has more than 30 years experience in all fields of real estate including acquisitions, planning, entitlements, development, leasing, management, and financing. As Chief Operating Officer, Mr. Perel is responsible for the day to day operations at ARC. Mr. Perel began his career at Zimmerman & Co., a certified public accounting firm where he became a partner and head of the firm's real estate department. Mr. Perel has been involved in all aspects of the real estate development and acquisitions business including specific responsibilities for the environmental remediation of properties for which, on behalf of the company, he received the prestigious National Phoenix Award given by the Environmental Protection Agency. Mr. Perel has a Bachelor's of Science degree in Accounting from Long Island University and is a Certified Public Accountant.
James M. Steuterman, born in 1956, is Executive Vice President, Capital Markets of ARC Properties, Inc., where he is responsible for the capital needs of ARC Property Trust, and has previously served as a Director and Audit Committee Member of ARC Corporate Realty Trust. Prior to joining ARC, Mr. Steuterman was Senior Vice President of Toll Brothers, Inc. a fortune 500 national luxury home builder, where he was responsible for the commercial land holdings, acquisition, development and overall management of urban mixed use and suburban retail, multi-family, and office projects, for Toll's affiliates including Toll Brothers Realty Trusts I and II- joint venture investments with the Pennsylvania State Employee Retirement System (PaSERS). Prior to Toll, Mr. Steuterman was Chief Operating Officer, Board and Investment Committee Member of New Plan Excel Realty Trust, a $3-billion; NYSE Real Estate Investment Trust (REIT). Mr. Steuterman has more than 30 years of real estate and investment management experience, is a member of the National Association of Real Estate Investment Trusts (NAREIT), the International Council of Shopping Centers (ICSC) and a designated CSM. Mr. Steuterman holds a Bachelor of Science degree in Business Administration from the University of Missouri-St. Louis.
Bruce Nelson, CPA, born in 1954, is Chief Financial Officer of ARC Properties, Inc. and former Chief Financial Officer of ARC Corporate Realty Trust. Prior to joining ARC Properties, Inc. in 1996, Mr. Nelson was Controller and Treasurer for the Cirkus Real Estate Group, one of the largest real estate developers and property managers in New Jersey. Prior to that he was the Corporate Accounting Manager for Becton Dickenson, a Fortune 500 Company. Mr. Nelson has substantial experience in financial statement preparation, financial reporting, and the establishment and maintenance of internal controls in a variety of real estate venues for public reporting companies. Mr. Nelson is a Certified Public Accountant and holds a Master's degree in Business Administration and Finance from Fairleigh Dickinson University, as well as a Bachelor of Science degree in Accounting from William Paterson College of New Jersey.
Gary S. Baumann, Esq., born in 1968, is General Counsel at ARC Properties, Inc. Mr. Baumann is an attorney admitted to practice law in New York and New Jersey and has practiced law at the nationally recognized firm of Lowenstein Sandler, P.C. and the international construction law firm of Peckar and Abramson, P.C. Mr. Baumann has served the real estate and construction industry for 20 years as a construction project executive, construction attorney and as a consultant. Mr. Baumann has guided project participants with individual undertakings ranging from 3 to 200 million dollars through risk examination, project delivery counseling, document drafting and negotiation, claim analysis, and dispute resolution. 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.
Joseph M. Morena, born in 1953, is Executive Vice President at ARC Properties, Inc. and was formerly Treasurer of ARC Corporate Realty Trust (ACRT). Prior to ARC Properties, Inc., Mr. Morena was Chief Financial Officer of Tel-Save Holdings Inc., a publicly traded telecommunications company. Prior to Tel-Save, Mr. Morena was Vice President Treasurer of Air and Water Technologies, a New Jersey based publically traded international design engineering and construction company. Mr. Morena has substantial experience in corporate finance, including capital raising in the public IPO market, bank loan, public bond and private placement markets. Mr. Morena also has significant business management experience in the area of financial statement preparation and control, as well as investor relations. Mr. Morena has a Master's degree in Banking and Finance and a Bachelor's degree in Business, both from New York University.
Steven L. Maloy, born in 1957, is Executive Vice President of Acquisitions at ARC Properties, Inc where he concentrates his efforts on the acquisition of Net Lease Properties. Over the past 15 years Mr. Maloy has been involved in the financing, sale, and acquisition of over $2 billion of Net Lease Property transactions, including within the past three years 25 Net Lease Property transactions with ARC. Mr. Maloy was a founding partner and Executive VP in charge of originations and new business development at CapLease Funding, LP which is now a publicly traded Net Lease Property Real Estate Investment Trust. Prior to founding CapLease Funding, LP Mr. Maloy was a partner at Liberty Equities in charge of new property acquisitions. Mr. Maloy started his RE career more than 28 years ago with Cushman and Wakefield in NYC. Mr. Maloy has a Bachelor's degree in Business from the University of Hartford.
Robert J. Martone, born in 1969, is Executive Vice President of Acquisitions at ARC Properties, Inc. where he concentrates his efforts on the acquisition of Net Lease Properties. Prior to joining ARC Properties, Inc. Mr. Martone served as Senior Director of Finance at CVS Caremark Corporation for 14 years. During his tenure at CVS Caremark Corporation Mr. Martone lead the team that oversaw the Company's Sale Leaseback Program, which executed $7.2 billion of transactions representing 2,100 stores and 8 distribution centers in the private and public debt markets. Other key responsibilities included managing the overall store development process for the Connecticut market as well as overseeing the $1.5 Billion capital budget for CVS Realty Co. Mr. Martone also has held various finance positions at GTECH Corporation, American Medical Response, Inc. and Nortek, Inc. Mr. Martone holds a Bachelor's of Science degree in Accounting from St. Michael's College and a Master's degree in Business Administration from Providence College.
Philip C. Galbo, born in 1950, is Executive Vice President - Director of Corporate Development at ARC Properties, Inc. Mr. Galbo has worked in the retail industry for over 35 years and has broad based experience in the areas of finance, real estate acquisition and development, and mergers and acquisitions. Mr. Galbo spent 17 years at CVS Health where he served as Senior Vice President, Treasurer and Chief Financial Officer, Real Estate. He managed the acquisition and development of over 3,000 new store properties and executed over $5.0 billion of leveraged sale & leaseback transactions. He was a member of CVS' Real Estate Executive Committee which was responsible for approving all new development projects. He holds a Master's Degree in Finance from Pace University's Lubin School of Business.
Garrett Sheehan, born in 1948 is Managing Director of Capital Resources for ARC Properties, Inc., and a former Director of ARC Corporate Realty Trust. As Managing Director of Capital Resources, Mr. Sheehan is responsible for sourcing institutional and offshore capital for ARC Properties and other real estate operating companies. Prior to joining ARC, Mr. Sheehan was Managing Director at Sentinel Real Estate Corporation, a private New York-based real estate investment manager, where he launched and managed the firm's international investment management business. Prior to Sentinel, he was Managing Director at Jones Lang Wootton, North America (now Jones Lang LaSalle), as well as a member of the Executive Committee and co-head and partner in its Investment Sales and Finance Group. He was also a founding member of the Pivko Group, an international real estate advisory firm, and began his real estate career as a loan and acquisition officer at the Travelers Insurance Company. Mr. Sheehan has over 25 years experience in cross-border real estate investment and the creation of institutional real estate investment products. Mr. Sheehan received a Bachelor of Arts degree from Trinity College and a graduate degree from Oxford University.
Neil Doornheim, born in 1967 is Vice President Asset Management at ARC Properties, Inc. Prior to joining ARC Properties Inc., Mr. Doornheim was the Asset Manager Supervisor of ARC Commercial Mortgage Company, a California based commercial mortgage company for various commercial property types. Prior to ARC Commercial Mortgage Company, Mr. Doornheim was the Director of Portfolio Management for VAP International, a New Jersey based Real Estate Development Company. Mr. Doornheim has extensive knowledge and experience in the financial and physical management of retail real estate assets. Mr. Doornheim also has significant business management experience in the area of project management, construction management and development. Mr. Doornheim has a Bachelor of Arts degree in Business Administration from North Carolina State College.
Mr. Ambrosi, born in 1981, is the Vice President of Leasing and Marketing at ARC Properties. Since joining the firm in 2004, Mr. Ambrosi has been primarily responsible for the leasing of retail projects and overall marketing for the company, while assisting in the acquisition, sale, and development of real estate properties. In addition, Mr. Ambrosi serves as the administrator of information and business technology for the company. Mr. Ambrosi is a graduate of Villanova University with a bachelor's degree in Communications and Business Administration.
Vikas Mehta , Born1973, is Executive Vice President and Director of ARC Hotels. Mr. Mehta has an extensive background as a private hotel investor and operator, and has been involved in the development of more than a dozen hotels with over 1800 rooms during the last 12 years. Prior to his activity in the hospitality industry he was Managing Director and Vice President of Sales for Universal Diamonds one of the largest diamond companies in the world dealing with suppliers such as Diamond Trading Corporation and De Beers, and was assigned to set up the Jewelry Division at Titan Industries. He is also currently a Director of Surharsh Diamond Exports Ltd,India and is an Executive Manager for the Snoopy Educational Trust Fund established to educate scholars who cannot afford to pay for education. Mr. Mehta is a Certified Hotel Administrator ("CHA") and received a Certificate in Occupational Studies from the Culinary Institute of America. He holds a Bachelor's Degree in Business from Regent University in London England and a diploma from the prestigious Scindia Institute in India.
The senior management is supported by a well qualified staff of assistants and other support staff, as well as the most modern computer and business systems.