Investing in THE FUTURE
CREATING OPPORTUNITY WITH TRUST, HONESTY & EXPERIENCE
AUREO DEVELOPMENT GROUP
Introducing Aureo Development Group:
Pioneering Hospitality for the Expectation Economy
Welcome to Aureo Development Group: Pioneering Hospitality for the Expectation Economy
At Aureo Development Group, we are a team of industry experts with extensive executive-level experience driven by a shared passion for delivering exceptional real estate services.
With a remarkable track record of successful projects throughout South Florida and South America, we have established ourselves as leaders in the field.
Our latest venture, DaVinci Hospitality, represents our commitment to redefining the vacation rental industry. We are poised to become the leading developer, manager, and owner/operator of short-term rentals and vacation properties in partnership with renowned platforms like Airbnb.
We aim to create unique boutique vacation properties and establish a new hospitality brand that sets the standard in the rapidly growing gig economy hospitality sector.
With an unwavering focus on the Expectation Economy, we understand the evolving needs of modern travelers. Our state-of-the-art technology and personalized service provide guests with unforgettable experiences within our proprietary "smart" property ecosystem.
Join us on this extraordinary journey as we shape the future of hospitality.
Aureo Development Group, innovation meets real estate and hospitality excellence.
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
Our team is specifically equipped to excel in the thriving market of short-term rentals, leveraging their experience to identify opportunities and overcome challenges. With a commitment to excellence and a passion for innovation, they drive the success of our projects, ensuring the highest standards of quality and guest satisfaction.
Discover the leadership that fuels Aureo Development Group's success in the short-term rental market.
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
With a substantial background in real estate and hospitality development, Roberto brings a wealth of experience and expertise to the industry. As a second-generation real estate developer, Roberto joined his father, an Italian immigrant, after World War II, embarking on a successful journey that involved developing thousands of real estate projects totaling over 1 billion dollars in Venezuela and the USA.mThroughout his career, Roberto has pioneered construction technologies, introducing innovative methods such as tunnel construction, molded houses, and MGO prefab. As Owner/Developer, he has led notable projects' design and development teams, including a 200-room luxury Radisson BLU hotel in Caracas, where he introduced a groundbreaking "Top Down" construction system to the local industry. Roberto's contributions extend to developing iconic office towers in Caracas, namely Banesco and Fondo Comun. His role as the former owner and manager of the World Trade Center Association for Venezuela allowed him to work closely with Guy Tozzoli, the founder of the WTC Association, and spearhead the development and construction of the WTC Caracas.
Roberto has been involved in several startups, including ventures in flexible adhesive tapes, bioriented polypropylene, special high-tech Italian paints (Graffiato), and GPS tracking technology. Collaborated with industry leaders such as Motorola, Manugistics, and Arthur Andersen in the development of Comcentus, a high-tech provider for "Supply Chain Optimization Tracking Technology." Additionally, Roberto developed Sigmakit, a cutting-edge prefab construction tool.
Roberto holds a Bachelor's degree in Mechanical Engineering, an MBA from IESA, certificates in Negotiations Techniques from IESA, Hotel Real Estate Investments, and Asset Management 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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