The origins of B Developments dates back four generations to the early 1930's when Ángel Barbagallo, started “Angel Barbagallo Inmobiliaria” in Buenos Aires Argentina focusing on auctions, construction, and both real estate and mortgage brokerage. The company continued to flourish under Sebastián José Barbagallo and his sons who, expanded the family business into real estate development. By the mid 1970's, real estate development was the primary specialization of the company. The extensive knowledge and familiarity of financing, construction, marketing and sales internalized the major components in real estate and provided access and control throughout the developments which is a formula that is continued today. Their accomplishments include the involvement in thousands of transactions and the development of more than 300 residential and mixed use buildings in Buenos Aires and surrounding areas.
The transition to the United States’ real estate market dates from the mid-nineties. Since then, B Developments has been involved in signature projects for the City of Miami such as Jade at Brickell Bay Condos and Bentley Beach hotel and successfully developed several prime properties bringing to the market more than 500 condominium units in projects such as Altos de Miami and Terrazas Miami. Currently the company is involved in projects oriented to adding value to certain underdeveloped sectors, with specific emphasis in North Bay Village and Coconut Grove.
B Developments operates with the same principles instilled in them by their mentors. With three generations of expertise in Civil Law, Finance, and Accounting along with over 35 years of senior-level experience in real estate and construction operations. B Developments prides itself in being well versed in real estate development, law, administration, finance and construction making it a superbly qualified company to exploit the dynamic real estate market in Florida.
B&L Management Group Corp is an affiliate of B Developments responsible of the asset and property management of commercial space in excess of 2,000,000 Square feet in Miami, Tampa Bay, Orlando and Atlanta.
Both companies continue to be Family owned and operated.