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Investing in THE FUTURE
CREATING OPPORTUNITY WITH TRUST, HONESTY & EXPERIENCE

Glass Buildings

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, we deliver well above expectations. 

An exclusive full-service real estate development group, specializing in the development of multi-family apartment complexes, urban condominiums, hotels, resorts,  townhomes, luxury homes,  with interests in the United States, and South America.

The development of premier residential and commercial properties is a highly demanding field, requiring a unique combination of vision, skill, and experience.

 

Aureo Development Group, under the direction and management of an extremely experienced and multidisciplinary team, has established 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.

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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 four professionals with a combined background of over 100 years.

Businessmen

Meet The Team

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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.

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Tom Muia

Received his Business Administration Degree Political Science from the University of Georgia Athens, GA. Luxury brand knowledge and expertise. Team builder for successful projects. Projects on time, on budget, and top quality, are goals consistently achieved.

During his professional career, Tom has Managed several successful hotels opening and renovations; Projects include  Sheraton Civic Center Hotel - 700 room renovation/new 17 story atrium tower;  Ritz Carlton South Beach, Laguna Niguel, Beijing China, Dove Mountain Arizona; JW Marriott/Ritz Carlot LA Live; Edition South Beach; Margarita Ville Resort Orlando; 22 successful Hotel openings - $280 million- Tom has been a contractor on 19 Hotels. Projects by Tom Mula:

South Beach 400 rooms, Dove Mountain 350 rooms,

Laguna Niguel 375 rooms, LA Live 1000 rooms,

Rancho Mirage 325 rooms, Vail 300 rooms,

Edition S. Beach 280 rooms, Mandarin Atlanta 30 Condos, Margarita Ville Resort Orlando 187 rooms.

In total over $2 Billion of hospitality construction .

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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.

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.

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