Investing in THE FUTURE
CREATING OPPORTUNITY WITH TRUST, HONESTY & EXPERIENCE
AUREO DEVELOPMENT GROUP
We are AUREO DEVELOPMENT GROUP.
A Team of industry experts, each with extensive careers in executive positions at leading companies, join to deliver an unmatched array of services, leveraging on our associate's expertise, knowledge, and passion with more than 100 years of combined experience, establishing an enviable record of achievement in this complex field, completing a number of successful real estate projects in South Florida and South America, from prominent single-family homes to efficient and attractive commercial properties, to stunning multi-million-dollar hotels and luxury homes.
Aureo Development Group, under the direction and management of an extremely experienced and multidisciplinary team, is in the process to develop DaVinci Hospitality’s platforms, which is to become the leading (STR), vacation rental developer/manager and
owner/operator -- in direct partnership with Airbnb and other leading vacation and short-term rental platforms – in what is a new and extremely fast-growing sector in the real estate and
hospitality industries.
Our goal is to develop/manage one of kind, boutique vacation properties, create a new “hospitality brand”, and develop supportive platforms, applications, and customer experience ecosystems that will make DaVinci the brand standard in STR / Vacation Rentals and “gig economy” hospitality.
Our Properties and Platforms embody the “evolution” of hospitality and short–term vacation rentals.
We use state-of-the-art technology to offer our guests the best, personally curated travel experiences in our proprietary “smart” property ecosystem.
We are hospitality for the Expectation Economy.
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AureoDevelopment Group with its interdisciplinary Management Team brings a forward-looking vision of property development
integrated by four professionals with a combined background in Real Estate of over 90 years;
all this knowledge has been placed to the advantage of our Members.
Aureo Management Team
The development of premier residential and commercial properties is a highly demanding field, requiring a unique combination of vision, skill, and experience.
Aureo Management Team is integrated by professionals with a combined background of over 100 years.
Meet The Team
Frank Ferrari
Frank received a BA in Business, with a focus on Real Estate and Land Economics, and he received his J.D. from the University of Pennsylvania. After graduating from Penn Law, Frank joined Sidley,
Austin, Brown & Wood's New York office as an associate in the real estate group. Frank worked on a
variety of real estate transactions including, ground-up development deals, large-scale hospitality
projects, asset and portfolio acquisitions and dispositions, complex financing transactions,
commercial mortgage-backed securities, and structured finance vehicles and conduits. He worked
with some of the largest institutions in the industry including Tishman, Boston Properties, Nomura, Citi, Lehman Brothers, Goldman Sacks, Fortress, Simon Property Group, and Silverstein Properties. Frank has worked on and participated in deals and transactions with an aggregate value of over $4 Billion Dollars. As President and CEO of IBF Holdings, LLC, he focused on acquiring highly distressed properties in key strategic locations with large corporate partners like Marriott International. Frank was also a strategic partner with Royal Stays, vacation rental, and hotel/property management platforms. Beginning in 2004, Frank counseled, participated, advised, and or managed over $1.5 Billion Dollars in real estate transactions in the South Florida market. This includes the acquisition of hotels, apartment buildings, raw land, development projects, and other real estate investments. Mr. Ferrari advised a group of New York real estate investors on the acquisition of 8 hotel properties in South Beach with a total aggregate acquisition value of $200+ million dollars. The Value of this portfolio today is approximately over $1.5 Billion Dollars.
Roberto La Rocca
Roberto brings a substantial background in real estate & hospitality development, Roberto -the second generation of real estate developers- joined his father an Italian immigrant after the second world war, together developed thousands of real estate projects worth over 1 Billion dollars in Venezuela and USA, pioneers in construction technologies: tunnel, "molded" houses, MGO prefab. As an Owner/Developer, led the design and development team of a 200-room luxury Radisson BLU in Caracas (under construction). This
construction project introduced a "Top Down" construction system to the local industry. Roberto is
also the developer of two emblematic Office Towers in Caracas: Banesco and Fondo Comun. As the former owner and manager of the World Trade Center Association for Venezuela, Roberto was a close friend and partner with Guy Tozzoli (founder of the WTC Association) and the driving force behind the development and construction of the WTC Caracas. Roberto has been involved in several
startups: Flexible Adhesive Tapes; Bioriented Polypropylene; Special High Tech Italian Paints
(Graffiato); pioneer in the GPS Tracking Technology worked along with Motorola, Manugistics, and
Arthur Andersen in the development of Comcentus, a high-tech provider for “Supply Chain Optimization Tracking Technology”; developed Sigmakit, a high-tech prefab construction tool.
Roberto has a BS in Mechanical Engineering, MBA (IESA), Certificate on Negotiations Techniques (IESA), Certificate on Hotel Real Estate Investments, and Asset Manager from Cornell University.
Chris A. Chesebrough
The President of Millennium Hospitality Management Group and the Owner/Director Management of Millennium Development & Construction
along with Brian Blankenship. Mr. Chesebrough has been in the hospitality industry
for over 30 years. During that time Mr. Chesebrough has served in all areas of the
industry from operations to sales and marketing, along with many years of single and
multi-unit management experience with iconic brands such as Marriott, Hilton,
Wyndham, Hyatt, and Choice Hotels. Throughout his career, he has achieved strong
bottom line profits, unprecedented guest satisfaction, and strong associate satisfaction results. He and his teams have been the recipient of many awards,
ranging from Hotel of the Year with Marriott and Wyndham to GM of the year and
Regional GM of the year, including multiple awards for Opening Hotel of the Year with
brands such as Hilton, Marriott, and Choice Hotels.
George Bertsch
George brings to the Management Team his vast experience in real estate, during his professional
career has been involved in debt financing, equity, and bridge loans with over 2 Billion in closings. He
has bought and sold tax liens and tax deeds (nationwide) with over 15 million in transactions. Since
2007, has been involved in Rehab Single Family Homes. He served as CEO and Managing Member of
GB Capital LLC, partners with leading hedge funds and commercial banks, including but not limited to
Maxim Capital Group, New Wave Equities, Meridian Capital, Cushman, and Wakefield, Tremont
Capital, JLL (HFF), Centennial Bank, Ocean Bank, Merrill Lynch, and Citibank.
During his professional
career of Consulting Projects, and Investments, consulted for Marriott in the separation of the Edition Hotel for the Certificate of Occupancy Miami Beach, FL, has consulted for the construction for Margaritaville Hotel Orlando, FL, Fairwinds Hotel - South Beach, FL.
Consulting and Project Managed, 500+ Multifamily Units
in Broward County, Miami Dade County, and Palm Beach County.
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