The Company

The Urban Development Group, LLC
was founded by Alberto Milo, Jr. The company's mission is to revitalize communities by creating affordable homeownership. UDG specializes in the first-time homebuyer market, such as teachers, police officers, firefighters and goverment workers. These individuals currently do not have an economically feasible homeownership opportunity within Miami's urban core.

This is where UDG has a competitive edge on its competition because of the experience of its affiliated company Banking Mortgage Corporation Inc., a Correspondent Mortgage Lender licensed by the State of Florida.

 
Alberto Milo Jr., President

Albert has over sixteen years of experience in the real estate sales and mortgage banking industy. He began his real estate career as a licensed Realtor Associate in 1988. In 1992, he went on to co-found and become Vice-President and currently President of Banking Mortgage Corporation Inc., a licensed Florida Correspondent Mortgage Lender.Under his direction Banking Mortgage Corporation has become an approved lender with the Miami-Dade County Housing Finance Authority, Miami-Dade County Housing Agency, and the Florida Housing Finance Corporation all of which specialize in affordable mortgage programs for first time home buyers. Concurrently, in 1991 he founded Elite Service Realty Inc., a real estate brokerage firm specializing in real estate sales to low and moderate income home buyers. The company has since been renamed Urban Development Group Realty Inc.