Alberto Milo Jr. is the President of the Related Urban development team. Albert takes a hands-on approach in the community rebuilding efforts of all Related Urban developments. He is directly involved with the design, development, construction, financing and budgeting aspects of each development. He also participates and leads all of the resident meetings to ensure that the input from the residents gets incorporated into the redevelopment plans.
Through Albert’s leadership, Related Urban has rehabilitated and built over 2,500 permanent supportive housing units throughout Florida and currently has over 3,500 units in the pipeline. Related Urban has extensive experience developing all types of residential rental projects throughout Florida.
Albert’s experience in the affordable housing development industry is extremely diverse. He founded The Urban Development Group in 1999 specializing in affordable homeownership and identifying underserved markets within the urban core of Miami-Dade County.
UDG focused on acquiring parcels of land that were within HUD designated Target Areas, or Underserved Census Tracts. By purchasing land in these census tracts, UDG leveraged private and public resources to create affordable homeownership with end financing subsidies.
Albert has 30 years of experience in the real estate sales and mortgage banking industry. He began his real estate career as a licensed Realtor Associate in 1988 with Century 21 Statewell Realty in Coral Gables, Florida.
In 1990, upon obtaining his Mortgage Broker license, he became a Loan Officer, and later a Senior Loan Officer with Preferential Mortgage Corporation in Miami.
In 1992, he went on to co-found Banking Mortgage Corporation, Inc., a licensed Florida Correspondent Mortgage Lender. Under his direction, Banking Mortgage Corporation became 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 housing mortgage programs for first time buyers. Concurrently, in 1991 he founded Urban Development Group Realty, Inc.
In 2011 he was elected as President of the Builders Association of South Florida, where he also received the President’s Award and was named Builder of the Year in 2009.
Albert has served on the Miami-Dade County Industrial Development Authority since 2005 and is a former member of the Greater Miami Chamber of Commerce’s Workforce Housing Committee. In April 2015, he was named to the board of the YMCA of South Florida until 2018.
Albert was born and raised in Miami, he attended Miami Senior High School and was a member of the 1987 State Championship Boys Basketball team. He is happily married and has four children.