New opportunities with Ambrose

About Ambrose: At Ambrose, we promote entrepreneurialism, innovation and a client-first mentality. As a leading developer and investor in the fast-moving world of logistics and e-commerce real estate, our team is executing on some of the most exciting speculative and build-to-suit projects across the Midwest. With investments totaling over $500 million in 2021, Ambrose is raising the bar in project execution and setting a new standard in real estate. We are actively looking for driven individuals to join our growing team.

About the Role:

The Senior Accountant is responsible for all aspects of accounting for various real estate projects for our fast-growing organization. In this role, you will review, maintain, and analyze the general ledger financial statements for assigned projects and their related debt and/or equity partners. You will work closely with our development team and other internal stakeholders to provide accurate financial reporting packages each month for their assigned projects.

What You Will Do:

• Compile and analyze financial information and prepare journal entries
• Create and process monthly construction draws and work with banks and owners to coordinate funding
• Book acquisitions, dispositions and related loans
• Monitor and ensure the maintenance of accounting control procedures
• Prepare monthly financial statement packages and variance analysis to budget and prior period
• Participate in evaluating, defining, documenting and maintaining accounting processes and procedures
• Prepare project cash flow projections
• Monitor project cash balances and ensure that required reserves are maintained
• Ensure accurate and appropriate recording and analysis of revenue and expense

What You Bring:

• Five plus years of Accounting experience in a real estate development or construction field is highly desired
• Proficient with Excel and Microsoft Office and Accounting software
• Experience and knowledge of GAAP accounting principles
• Experience preparing financial statements and variance analysis
• Strong communication skills and excel at being a team player!
• Ability to work in a fast-paced environment

About Ambrose: At Ambrose, we promote entrepreneurialism, innovation and a client-first mentality. As a leading developer and investor in the fast-moving world of logistics and e-commerce real estate, our team is executing on some of the most exciting speculative and build-to-suit projects across the Midwest. With investments totaling over $500 million in 2021, Ambrose is raising the bar in project execution and setting a new standard in real estate. We are actively looking for driven individuals to join our growing team.

About the Role: As Development Manager, you are responsible for the execution of land development, vertical construction projects, and providing support for acquisition and dispositions. You will work closely with the development EVP, VP and other development leaders to support Ambrose’s efforts in achieving perfect execution of speculative and build-to-suit industrial and logistics projects.

What You Will Do:

Land:

• Identification, due diligence, underwriting and acquisition of strategic land positions.
• Oversight of consultants for survey, geotechnical review, environmental, legal, zoning, permitting, etc.
• Review survey / title information, easements, environmental data, zoning, governing agency requirements, utilities, etc.
• Lead the creation and documentation of easements and CC&Rs.
• Interaction with municipal staff during entitlement process for zoning, plan commission approvals, and entitlements.

Development:

• Oversight of third-party preconstruction and design personnel.
• Creation of predevelopment cost budgets and schedules.
• Support Ambrose team during RFP response and lease negotiation process, including site plan design work and building layouts, updating underwriting, and RFP document drafting.
• Monitor and report on the status of design and preconstruction schedule, budgets and scope against approved plan and proforma.

Construction:

• Manage schedule, cost, change order review.
• Review monthly development draws and submit with approval recommendation.
• Report on project status including schedule performance, contingency usage, quality issues, allowance status, and change orders.
• Establish new utility connections and accounts, including communications and fire alarm monitoring for new building.
• Coordinate early access for tenant fixturing to ensure a smooth transition for lease commencement.

• Participate in turnover process to property management personnel internally or third-party.
• Assist in the acquisition and disposition process primarily in due diligence matters.

Asset Management:

• Assist in the acquisition and disposition process primarily in due diligence matters.

What You Bring:

Education: BS degree in engineering, architecture, construction management, finance, and / or real estate. Additional education including JD, MS engineering, or MBA beneficial

Experience: 5+ years in commercial real estate development field. Industrial or ecommerce preferred.

About Ambrose: At Ambrose, we promote entrepreneurialism, innovation, and a client-first mentality. As a leading developer and investor in the fast-moving world of logistics and e-commerce real estate, our team is executing on some of the most exciting speculative and build-to-suit projects across the Midwest. With investments totaling over $500 million in 2021, Ambrose is raising the bar in project execution and setting a new standard in real estate. We are actively looking for driven individuals to join our growing team.

About the Role: The Vice President, Market Officer role is responsible to lead the company’s efforts in the Indiana region. The Vice President is a broad minded, hands-on, self-motivated, leader capable of expanding on Ambrose’s business in a manner aligned with the Company’s vision, mission, goals, and culture. This role is dedicated to developing a long-term land control strategy, managing the land entitlement process, executing on speculative development projects, managing broker relationships, and positioning Ambrose as the leading logistics developer in the region.

What You Will Do:

1. Land:
   1. Manage company land holdings to successfully develop for today and plan for the future.
   2. Identify and manage feasibility analysis, due diligence, underwriting, leading to the acquisition of strategic land positions.
   3. Manage relationships with land owners and municipalities for longer term land positions.
2. Speculative Development:
   1. Determine timing, pace, and building characteristics for speculative development.
   2. Oversee the preconstruction and design process to balance timely developments starts and cash management.
   3. Manage predevelopment budgets.
   4. Accurately build proformas for future projects and present project concepts and business plans to the investment committee.
   5. Remain informed of construction progress including schedule, cost, change order review, etc.
   6. Communicate project issues early and accurately to Ambrose executive team.
   7. Approve and understand monthly draws.
   8. Respond to RFPs to quickly and effectively meet client needs including working with project managers to price, design, and value engineer tenant improvements specs.
   9. Work closely with internal and external marketing team to coordinate crisp and current marketing collateral and communications strategy
3. Portfolio Management:
   1. Represent Ambrose as the market leader for current and future tenants.
   2. Coordinate disposition process with asset management team.
4. Acquisitions:
   1. Follow market acquisition opportunities to seek out value add or distressed acquisitions.
   2. Manage due diligence, underwriting process, and business case creation for investments.
5. Broker Relationships:
   1. Networking with brokerage community for market intelligence gathering and relationship management.
   2. Manage listing broker team and drive accountability for data reporting, efficient communication, and proactive marketing plan.
   3. Maintain close relationships to get the first call on new opportunities.
   4. Plan periodic, unique, and effective broker events.

What You Bring:

1. Broad understanding of commercial real estate from visionary land identification through sales and marketing.
2. Leadership skills to operate effectively in a matrixed organization.
3. Effective interpersonal skills to lead external teams including vendors, contractors, and brokers.
4. Excellent organizational, interpersonal, writing and communication skills.

Education: BS degree in economics, finance, engineering, and / or real estate. Additional education including JD, MS, or MBA beneficial.

Experience: 10+ years in industrial, ecommerce, or logistics real estate. Experience leading fast moving teams. Regional or national developer or REIT background preferred.

About Ambrose: At Ambrose, we promote entrepreneurialism, innovation, and a client-first mentality. As a leading developer and investor in the fast-moving world of logistics and e-commerce real estate, our team is executing on some of the most exciting speculative and build-to-suit projects across the Midwest. With investments totaling over $500 million in 2021, Ambrose is raising the bar in project execution and setting a new standard in real estate. We are actively looking for driven individuals to join our growing team.

About The Role: The Vice President Legal role is responsible for leading and managing the Company’s legal efforts, including both managing outside law firms and performing hands on legal work. The Vice President is a broad minded, hands-on, self-motivated, leader capable of organizing the Company’s legal work, mitigating and communicating risks to Company executives, and managing legal spend across various outside law firms.

What You Will Do:

1. Managing Outside Law Firms:
   1. Manage various outside law firms including transaction teams, outside general counsel, litigation support, and estate planning groups.
   2. Optimize spend to ensure that there is a positive return on legal investments.
   3. Design process and procedure for the engagement of outside firms.
   4. Negotiate and manage billing rates, invoices, and firm selection.
2. Performing Legal Services:
   1. Draft, edit, and negotiate legal documents including purchase and sale agreements, operating agreements, loan documents, development agreements, construction contracts, leases, CC&Rs, etc.
   2. Approach negotiations with a “win-win” perspective to quickly come to agreement.
3. Risk Mitigation and Analysis:
   1. Structure transactions to mitigate risks and clearly communicate those risks to the executive team.
   2. Understand of insurance requirements of real estate firms.
   3. Participate in annual insurance renewal programs.
4. Corporate Organization:
   1. Manage the formation and documentation for various Ambrose legal entities.
   2. Update entity status as required.
   3. Maintain corporate org charts and communicate internally and with outside advisors.
   4. Understand structure implications for owners.
5. Various:
   1. Brief executive team on changes to real estate and tax laws that may impact the Company.

What You Bring:

1. Broad understanding of the legal aspects of commercial real estate.
2. Leadership skills to operate effectively in a matrixed organization.
3. Effective interpersonal skills to lead external teams including vendors, contractors, and brokers.
4. Excellent organizational, interpersonal, writing and communication skills.

Education: BS/BA in an applied field. Economics, finance, or real estate a plus. JD required.

Experience: Minimum 5 years of major law firm or internal counsel work at a commercial real estate firm.

Experience leading teams and negotiating complex legal transactions in a leadership role.

Work with regional developer and/or REITs preferred.