M id A tlAntic Real Estate Journal — 40 Under 40 — September 13 - 26, 2019 — 15D
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M id A tlantic Real Estate Journal — 40 Under 40 — August 28 - September 10, 2020 — 3C
40 U nder 40 40 U nder 40
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Michael Ambrosi, ARCTRUST “Take the time to ask questions and learn from those around you” Michael Ambrosi, ARCTRUST “Anyone can find success in this business if they have the drive and enthusiasm to succeed”
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process. What inspiring word of advice would you give to a young executive graduat- ing from college today? If real estate is your goal, I recommend learning every aspect of it from leasing to development to analysis etc. It doesn’t matter where you start, but take the time to ask questions and learn from those around you. Someone once told me “If you are the smartest person in the room, you are in the wrong room”. This is a unique business with many opportunities. succeed. It does not matter if you have a degree from the best educational institution in he world or learning com - plet ly o the job, you can find success by learning from the right people and making sma t decisions. Y u sh ld learn to ork every aspect of a deal and learn to ask the questions you do not know the answers to. MAREJ
hat is your most notable project, deal or transac- tion? Currently our Hampton Park Project, a 500,000 s/f mixed use project in Prince George’s County, MD (DC Metro) which is also a Quali- fied Opportunity Zone project. What impact has social media/networking had on your career? As head of marketing for ARCTRUST, social media has become a big part of how we market ourselves to different stakeholders of our business, be it developers, tenants, part- ners, etc. Technology has made the world move much faster and we do not want to get caught left behind. We have LinkedIn, Twitter and Face- book accounts and are just now introducing an Instragram account to our social media platform. tion? Currently our Hampton Park Project, a 500,000 s/f mixed use project in Prince George’s County, MD (DC Metro) which is also a Quali - fied Opportunity Zone project. I think this project will be a shining example of what an opportunity zon project is meant to be nd wh t it can an to the community. What impact has social media/networking had on your career? Social media continues to have a growing impact on how we reach the stakeholders of our business, be it developers, tenants, partners, brokers or other real estate profes- sionals. Dealing with the COVID environment further highlights the importance of using technology and social media to stay connected and find new business. My goal for the coming 12 months is to not just use social media but keep finding ways to stand out among the flood of posts and email blasts we all receive ev ry day. I think our company is unique in the way we approach investing in real estate and structuring our deals. There is no reason our online presence should not match the creativity in our work. What challenges and or obstacles do you feel you needed to overcome to be- these are a few of my favorite things College: Villanova University (undergrad) and Georgetown University (Masters) Movie: Raiders of the Lost Team: New York Knicks Sport: Basketball Food: Cheeseburgers Dessert: Chocolate Peanut Butter Pie Restaurant: Angelo’s in Lyndhurst, NJ Hobby: Bass guitar Truth be told, I did not originally plan to have a career in real estate. I gradu - ated college looking to work on the creative side of film or television production. What I did not know then, and what I think many people do not often realize, is how creative a business real estate can be. Whether you are structuring an acquisition or developing a ground up project, there are so many fascinating ways to “create” a deal and find success. Seeing this kind of enthusiasm from the people I work with and learned the business from is significant part of what has driven me to be in this industry. Color: Purple If you could dine with anyone dead or alive who would you choose? George Washington or Walt Disney Who do you feel was most influential in your life when choosing this Tell us how and when you began your career in the profession you are in, about your current posi- tion and why you choose the field/profession you are in today? hat is your most notable project, deal or transac- W
Who do you feel was most influential in your lifewhen choosing this profession? My father and ARCTRUST CEO Robert Ambrosi. I un- knowingly learned a lot about real estate when I was younger just being around him. What outside activities do you enjoy during your free time? Besides spending time with my wife and my family, I enjoy playing music, basketball and ping pong. All three are a great way to clear your mind and relax. Playing music also has a way of opening up the creative What i spiring word of advice would you give to a young executive gr du- ating from college today? Anyone can find succes Steuterman, Joe Morena, Gary Baumann and Jason Kessler. I think we have a g at team and I am glad to be a part of it. in this business if t ey h ve the drive and enthusiasm to
Michael Ambrosi Chief Operating Officer Years with company/firm: 15 Years in field: 15 Years in real estate industry: 15 Real estate organizations/ affiliations: ICSC, Vistage Michael Ambrosi Chief Operating Officer Years with company/firm: 16 Years in field: 16 Years in real estate industry: 16 Real estate organizations/affiliations: ICSC, Vistage
My goal for the coming 12 months is to not just use so- cial medi b t keep finding way to stand out among the flood of posts and email blasts we all receive every day.
on I was challenged to find a way to use my background while learning real estate from the ground up. Luckily I was surrounded by great people to learn from. just being around him (a still learning from him to- day!). I have also been fortu - nate to have great partners to learn from over the years such as Marc Perel, James
come as successful as you are today? When I graduated college I came from a communications background with a different career path in mind so early
pr fession? First and foremost, my father and ARCTRUST CEO Robert Ambrosi. I unknow - ingly learned a lot about real estate when I was younger
ARCTRUST
THE ARCTRUST “PAVR” PROGRAM IS ACTIVELY SEEKING SPONSORS AND JV PARTNERS: EQUITY FINANCING PROGRAM Preferred Equity & Participating Loans Multi-Familly, Retail, Industrial, Medical Deal Size $2 million to $10 million JV DEVELOPMENT Multi-Family, Retail, Industrial, Medical Up to 100% Equity Provided Firm Commitment to Purchase ACQUISITIONS Net Lease Properties Long-term leases Short-term, below market rents
REVISION HISTORY:
REVISED LOGO LETTERING, 18 JULY 2016 Logo letters changed to all same weight
Steve Maloy stevem@arctrust.com Rob Martone rmartone@arctrust.com
REVISEDTAG LINE, 12 MAY 2016
REVISED BLUE GRADIENT SPEC, 7 JAN 2016: PMS 301, 100% at dark point, 30% at light point
C a l o r i & Va n d e n - E y n d e n / De s i gn Con s u l t a n t s Final v3.0 ARCTRUST Logo Lockups with Revised Tag Line Revised 18 July 2016
973.249.1000 • 1401 Broad St. Clifton, NJ 07013 • www.arctrust.com
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