Ambar3 develops affordable and workforce multifamily rental communities in Southeast Florida, using housing-credit, mortgage-revenue-bond, and related financing programs. Its residents include working families, income-qualified households, and seniors. Projects range from renovated communities to new mid-rise and high-rise housing for residents.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
Funding made Ambar Key possible.
Contractor for Ambar Key.
Architect for Ambar Key.
Partnered with Ambar3 to redevelop Marty’s Place into a 47-unit affordable community.
Provided a $37.8 million construction loan for The Quarry.
Purchased The Quarry tax credits.
Provided The Quarry permanent loan as a Fannie Mae lender.
Architect for The Quarry.
A combination of funding from Florida Housing Finance Corporation made this community possible.
Summit Contracting Group is the contractor and LanMar Design Group is the architect.
Summit Contracting Group is the contractor and LanMar Design Group is the architect.
Marty’s Place Ambar3, part of the Vestcor Companies, has partnered with a non-profit organization, AH of Monroe, to redevelop an existing multi-family property into a 47-unit, 3 story, garden-style affordable housing community.
BB&T provided a $37.8 million construction loan.
Wells Fargo purchased the tax credits
SunTrust as a Fannie Mae lender provided the permanent loan.
Summit Contracting Group is the contractor and PQH Group is the architect.
| COMPANY NUMBER | L16000061606 Florida Department of State · US · Active |
| United States | active 0 projects tracked |
| no project types recorded |
EDUCATION: University of Montana (BS)
### John D. Rood
# John Rood Chairman at The Vestcor Companies, Inc.
Mr. Rood currently serves on the Board of Directors of Fidelity National Financial, Inc. (FNF).
After college, I worked for Carlson Cos. in Minneapolis.
Mr. Rood began his real estate career in 1983 as founder of The Vestcor Companies. Under his direction, the company focused on brokerage of multifamily properties and then expanded into real estate investments, development, and construction.
##### Chairman, The Vestcor Companies
Mr. Moore received his bachelor’s degree in accounting and his master’s degree in business administration from the University of North Florida.
### Steve Moore
Steve was recently appointed to the University of North Florida board of trustees.
He also worked as an auditor at Ernst & Young LLP in Jacksonville, Florida.
Steve Moore has been the President at The Vestcor Companies, Inc., since November 9, 2016
Steve Moore is responsible for the overall direction and performance of The Vestcor Companies, overseeing all operational and investment decisions.
##### President, The Vestcor Companies
We are proud to provide much needed workforce housing to this community.Vestcor March 11, 2020https://vestcor.com/press-release/ambar3-to-celebrate-the-grand-opening-of-ambar-key/
She holds a Bachelor of Science degree in construction management from Florida International University, Miami, Florida.
Elena M. Adames President Ambar3, LLC ... E-Mail: eadames@ambarco.com
### Elena Adames
# Elena Adames President at Ambar3, LLC
“We are proud to provide much needed workforce housing to this community,” said Ambar3 President Elena Adames.
### President - Ambar3, LLC (Current) Mar 2016 - Present
Elena Adames is responsible for the application process, design and development of new properties under Ambar3, LLC.
##### President, Ambar3
University of North Florida MBA 2000-2001 ... University of North Florida - College of Business Administration BBA (Accounting) 1996-2000
### Jason Floyd
# Jason Floyd CFO at The Vestcor Companies, Inc.
VP of Finance @ Jacksonville Sound & Communications, Inc. (April 2012 - April 2013) ... Assistant Controller @ Eola Capital (December 2010 - July 2011)
#### CFO (Current) Jan 2017 - Present
Jason Floyd is responsible for the overall finance and accounting functions of The Vestcor Companies. Jason's responsibilities include financial reporting, financing for new and existing developments and information technology.
##### Chief Financial Officer, The Vestcor Companies
### Kevin Troup
In addition, Kevin maintains a strong relationship with our lenders and equity providers as he manages the credit underwriting and approval process on all new developments under TVC Development, Inc. and Ambar3, LLC.
##### Vice President, TVC Development
Vestcor was initially reluctant to undertake a project of this size in the Keys.The Keys Citizen March 23, 2022https://www.keysnews.com/news/local/coco-vista-latest-affordable-housing-project-in-middle-keys/article_78a13118-a9dc-11ec-924d-d797c0ff2a32.html
### Alexander Hepler
# Alex Hepler Director of Construction, The Vestcor Companies
Hepler admitted “Vestcor was initially reluctant to undertake a project of this size in the Keys” because of its location and access.
Alex Hepler is responsible for overseeing construction on all new developments for Vestcor. Alex’s responsibilities include project planning, scheduling, permitting, project cost estimating, construction reporting and quality management.
##### Director of Construction, The Vestcor Companies
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| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 15, 2026 this month |
| Profile last researched | October 15, 2026 |
| Claim |