ARCTRUST is a private REIT that
focuses on intrinsic investments
through protected appreciation
vehicles for real estate. The PAVR
program combines the cash flow
features of a corporate bond with
the appreciation potential inherent in real estate and includes
investments such as net-leased
properties, preferred equity interests and participating loans secured
by direct interests in real estate.
During the past 35 years, ARCTRUST and its affiliates have been responsible for more than 500 transactions
with an aggregate value in excess of $3 billion. Its portfolio of over 165 net lease assets is worth more than $700
million. Spearheading the Clifton, NJ-based firm’s strategy is a seasoned executive team that includes chairman
Robert J. Ambrosi; James Steuterman, president and CEO; vice chairman Gary Baumann; Michael Ambrosi, chief
operating officer; Jason Kessler, chief investment officer; and Marc Perel, president of development.
ARCTRUST, which currently represents numerous tenants in expansion programs and has an active joint venture program with preferred developers. has received numerous industry awards for its work. Among them are
the ICSC Adaptive Reuse Award, Ernst & Young Entrepreneur of the Year, Best Mixed-Use Development from the
New Jersey Builders Association, Best Urban Residential Project from the City of Philadelphia and the
Environmental Protection Agency’s National Phoenix Award for the redevelopment of contaminated sites. It also
received the first brownfields grant and the first economic recovery grant from the State of New Jersey.
The company is a leader in many different forms of real estate investment programs including private REITs,
Opportunity Zone Funds and Delaware Statutory Trusts, in addition to its MORE (Money, Opportunities,
Resources, Experience) Development program, which supplies qualified real estate developers with resources
beyond just capital.
Gary Baumann Robert J. Ambrosi James Steuterman
A seasoned net lease executive with
more than 20 years of experience
under his belt, Gordon Whiting
joined Angelo Gordon in 2004.
Founder and portfolio manager of
the firm’s net lease real estate strategy, the managing director also serves
on the New York City-based company’s executive committee.
Earlier in his career, Whiting served
as an executive director with W. P.
Carey. He was also the president and portfolio manager of
Corporate Property Associates 14 Inc., one of W. P. Carey’s publicly held non-traded real estate investment trusts (with more
than $1.3 billion in assets) that invest in net-leased commercial
and industrial properties.
From 2002 to 2010, Whiting was a member of the five-person
Federal Retirement Thrift Investment Board, a position to
which he was nominated by President George W. Bush and confirmed by the US Senate. This board oversees more than $290
billion of 401(k) type retirement accounts for most federal
employees and military personnel.
CHRISTOPHER H. VOLK
For more than 30 years, Chris Volk has
been engaged in the direction of companies that have provided mortgage
and lease solutions. Collectively, those
firms have supplied more than $15 billion in financing to the chain restaurant, education, fitness and convenience store industries, among others.
Volk, who co-founded STORE
Capital in 2011, is known for leading
the largest-ever real estate limited partnership rollup transaction of its time in 1994. In 2005, he led the
creation of the first real estate master trust debt issuance in the US
designed to finance net-leased assets. He also developed V Formula,
a revolutionary equation for analyzing business models and the
benefits of asset investments to grow shareholder wealth.
For more than 16 years, he’s served in numerous capacities with
Franchise Finance Corp. of America and its successor, GE Franchise
Finance, as president and COO and a member of FFCA’s board of
directors. In August 2003, he co-founded Spirit Finance Corp., taking the REIT public on the NYSE the following year. He led the
company as its CEO, president and board member until 2010.