Raffaele Riva founded AUREA Multi Family Group in 2006 with a vision of being a leader in the residential development industry. The company has grown into one of the largest and fastest-growing companies in the country, with projects in over 100 cities across North America. Here we’ll show you how Riva and AUREA Multi-Family Group built a multi-family portfolio worth $1.2 billion by forging relationships with investors, avoiding costly mistakes, finding deals that no one else could stomach, and going to new places where fewer people were investing.
- AUREA’s Elite Clientele
AUREA Multi Family Group provides personalized financial services to its elite clientele, including high-net-worth families and multi-billion-dollar internationals. It attracts the most discerning investors by paying particular attention to their needs and business objectives. This allows AUREA to carve out a niche from the competition since the company provides them with the kind of services that only a select few available in any given market can offer.
- Riva’s Early Life
Raffaele Riva worked in the real estate field as a mortgage broker and a commercial banker for Banca Nazionale del Lavoro (BNL). Here, he learned the fundamentals of residential lending, which eventually helped him start AUREA. Raffaele Riva was also keen to learn about the real estate business. In 1989, he followed in his father’s footsteps and acquired a popular office complex through a private sale. Riva never thought this deal would quickly turn into one of his biggest failures since he had no experience leasing office space. This was when Riva decided to develop a niche market and focus on residential real estate projects that were much simpler than commercial properties.
- Optimism at the Core of all Business Transactions
AUREA is usually the first to purchase a new multi-family project. This has propelled the company’s reputation and credibility among other investors. Raffaele Riva usually holds the first purchase agreement that gives him all the rights to acquire a new multi-family project, which has helped AUREA avoid all sorts of delays and building delays from other investors. Refer to this page on LinkedIn, for more information.
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