Artificial Intelligence
Builders Company
Developers/Blue Road
BR
Blue RoadBay Harbor Islands, United States · founded Founded in 1995 · 1 active markets
PRIVATE

Blue Road develops and manages residential, hospitality, commercial, and mixed-use real estate in Florida, particularly South Florida, for private and corporate investors. Its model combines acquisition, construction, repositioning, remodeling, marketing, operations, and EB-5 investment opportunities across residential and commercial developments.

Years in business
31
founded Founded in 1995
LinkedIn headcount
24 people
employees, as shown on LinkedIn · size band 51–200
Portfolio value
USD 800 million managed-property value
Currently
Assets under management
USD 800 million assets managed
Currently
Units delivered
approximately 1,000 renovated units
as the company states it
Projects last researched October 14, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
BLUE ROAD LLC1
Headquarters
1111 Kane Concourse, Suite 2171, Bay Harbor Islands1, United States
Founded
Founded in 19951
Entity type
PRIVATE1
Business model
offplan for sale1, commercial1, mixed use1, masterplan1, other1
Markets
1 market listed
What they build
Hotel (4 of 5) · Residential, for sale (1 of 5)
Full dossier in About →

Delivery record

1 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 1 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+36.0 mo
the middle of 1 scored project
Average delay
+36.0 mo
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
+36.0 mo
Haven Park Hotel · +25.0 to +47.0
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

5 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.5/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Little structure evidence (2 of 5 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.0/ 10
Fabric, services, waterproofing, envelope · from 2 of 5 rated buildings
Management & living
6.6/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 283 developers, 1449 rated buildings in United States
Overall rating
Blue Road · 283 other developers in United States
7.5 vs 7.8
this developer 0.3 worse
The weighted verdict on each side. From 5 of 5 rated buildings here and 1449 in the market.
Structure & systems
Blue Road · 283 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (2 of 5)
Fabric and engineering only — fixed at handover. From 2 of 5 rated buildings here and 626 in the market.
Management & living
Blue Road · 283 other developers in United States
6.6 vs 7.4
this developer 0.8 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 1394 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner January 24, 2018 (award announcement; for 2017 transaction)
    Single Asset Transaction of the Year (US$25M & Under) 2017 · The Stiles Hotel
    The ALIS announcement identifies The Stiles Hotel transaction as the winner and states that Blue Road purchased the 57-room Miami Beach boutique hotel from Carlyle Group for US$17.5 million.
    Americas Lodging Investment Summit (ALIS) · https://www.burba.com/ALIS/News/2018/ALIS-Award-Winners-Announced
All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Reported April 14, 2021; the filing alleged missed payments beginning in February 2020 on one note and December 2020 on the other. A foreclosure lawsuit was reported against 1745 James LLC, the Blue Road-linked project entity that owned the Sanctuary Hotel site, with the sellers seeking $9.5 million plus interest and alleging defaults on two seller-financed notes; Blue Road principal Marcelo Tenenbaum said the parties were trying to resolve the matter and obtain new funding.
  • PROJECT CANCELLED Foreclosure reported April 14, 2021; the defaults were reported as beginning in February 2021 for the $7.5 million note and December 2020 for the $2 million note; replacement-project construction reported underway September 12, 2024. The Sanctuary South Beach condominium/hotel redevelopment associated with Blue Road partners Marcelo Tenenbaum and Jorge Savloff was materially disrupted: a foreclosure suit reported that the Blue Road-linked 1745 James LLC had defaulted on both acquisition notes, while the closed Sanctuary building was ultimately demolished and replaced by the Dolce by Wyndham Miami project; later reporting said construction of the replacement hotel had begun, so the original Sanctuary project is not an active unresolved failure.
Record status
active
Company sources
94 source entries across 93 fields
Projects tracked
6 · 5 completed in assessment
All flags and sources →

Track Record

Delivery record

1 date-assessed of 5 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 1 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
5
within the rolling ten-year window
Median delay
+36.0 mo
the middle of 1 scored project
Average delay
+36.0 mo
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
+36.0 mo
Haven Park Hotel · +25.0 to +47.0
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

1 date-assessed project here
Not enough info yet.

Construction start to handover

5 of 5 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
West Palm Beach, United States
Miami Beach, United States
New York, United States
20172018201920202021202220232024202520262027todayWEST PALM BEACH, UNITED STATES+11.5 moestimatedMIAMI BEACH, UNITED STATEScompleted, no target publishedon timeestimated+4 moestimatedNEW YORK, UNITED STATES+36 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 2 dated statements are held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

5 of 5 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.5/ 10
Weighted judgment across build and operations · from 5 of 5 rated buildings
Little structure evidence (2 of 5 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.0/ 10
Fabric, services, waterproofing, envelope · from 2 of 5 rated buildings
Management & living
6.6/ 10
Upkeep, response times, amenities, community · from 5 of 5 rated buildings

Against other developers

5 rated here · 283 developers, 1449 rated buildings in United States
Overall rating
Blue Road · 283 other developers in United States
7.5 vs 7.8
this developer 0.3 worse
The weighted verdict on each side. From 5 of 5 rated buildings here and 1449 in the market.
Structure & systems
Blue Road · 283 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (2 of 5)
Fabric and engineering only — fixed at handover. From 2 of 5 rated buildings here and 626 in the market.
Management & living
Blue Road · 283 other developers in United States
6.6 vs 7.4
this developer 0.8 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 5 rated buildings here and 1394 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

5 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Uma House by Yurbban South Beach — Hotel 18 redevelopmentSouth Beach, Miami Beach69 units
8.9/ 10
8.1/ 10
Tripadvisor 4.7/5 · 2,959 reviews · tripadvisor.co.uk
Booking.com 8.9/10 · 1,706 reviews · booking.com
Combined from 2 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.1.
7.8/ 10
Tripadvisor 4.8/5, 4.4/5, 4.8/5, 4.6/5, 4.6/5 · 2,959 reviews · tripadvisor.co.uk
Booking.com 8.7/10, 8.6/10, 8.9/10, 8/10, 9.3/10 · 1,706 reviews · booking.com
Booking.com 8.7/10 · 1,706 reviews · booking.com
Combined from 11 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.8.

Tripadvisor’s 4.6/5 from 2,959 guest reviews is the largest qualifying review base and converts to about 8.8/10 under the requested curve. Booking.com and Expedia are also strongly positive, while the smaller Google Maps result is materially negative but not anchor-eligible; the reported recurring themes produce only a modest net upward adjustment.

+ Attentive staff+ Rooftop pool and bar+ Beach chairs and bikes+ Clean rooms+ Convenient beach location
− Occasional cleaning lapses− Some room noise− Some extra-fee concerns

no notes returned

no links returned

Guests repeatedly praise the service and amenities: one reviewer called the staff “courteous, friendly, accommodating,” while another highlighted the rooftop pool, free wine hour, beach chairs and bikes. The negative feedback is limited but concrete: a reviewer said the hotel could “improve the cleaning,” and another reported a room that was “kinda noisy and too many lights, hard to sleep”; Tripadvisor’s current summary also notes occasional housekeeping delays and extra-fee warnings.

Haven Park HotelBronx, New York70 units
8.7/ 10
—/ 10
6.9/ 10
Trip.com 8.9/10, 7.9/10, 8.5/10, 8.8/10 · 125 reviews · uk.trip.com
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.9.

Google Reviews/Maps provides the largest published review base found and its 4.6/5 rating converts to 9.2 under the requested curve. Expedia materially disagrees at 8.8/10, and the reported operational and systems complaints justify a limited downward adjustment; no structure score is assigned because no aggregate structure rating was published.

+ Modern/new-looking rooms+ Clean rooms+ Key-card elevator safety feature
− Reported HVAC cleanliness/allergy issue− Reported loss of heat− Reported barely warm hot water− Poor window insulation/noise− Broken window handle
+ Helpful and professional staff+ Clean rooms+ Convenient subway location+ Welcoming restaurant/bar atmosphere+ Good security presence
− Simple or repetitive breakfast− Small rooms− Cumbersome check-in− Inflexible fee/cancellation policy− Occasional noise

Most physical feedback is favorable: reviewers called the hotel “very clean, very modern and new looking,” and praised the room’s key-card elevator safety feature. There are also significant isolated system complaints: one March 2026 review reported an “extremely dirty” HVAC, no heat and barely hot water, while another reported poor window quality, midnight truck noise and a broken window handle.

Day-to-day reviews are generally favorable: Expedia says guests speak highly of the helpful staff and clean rooms, while TripAdvisor reviewers described staff as “friendly, professional and helpful” and the atmosphere as “relaxed and welcoming.” The main operational criticisms are a sparse or repetitive breakfast, small rooms, cumbersome check-in and one reviewer’s complaint about inflexible fees; a separate review also described security helping with parking after midnight.

Alba Palm BeachNorthwood, West Palm Beach55 units
7.2/ 10
—/ 10
6.2/ 10

Birdeye’s 3.8/5 aggregate from 17 reviews is the largest published review base located and therefore sets the level, converting to 6.4/10 under the requested curve. The visible comments support a mixed daily-living picture: amenities and some staff interactions are praised, while front-desk/security conduct and access-control concerns reduce the living assessment. No building-fabric or systems rating was published in the material reviewed.

+ Modern pool and fitness amenities+ Jacuzzi and sauna+ Professional staff praise
− Rude front-desk/security reports− Non-responsive staff report− Doors reportedly left open

no notes returned

no links returned

Published feedback praises the amenities—“a very good pool,” modern equipment, jacuzzi and sauna—and one reviewer says employee treatment was “special and very professional.” Other visible reviews describe “the worst front desk staff,” rude and non-responsive security/front-desk interactions, and maintenance management allegedly leaving doors open; these comments are operational feedback rather than verified engineering findings.

Iberostar BerkeleySouth Beach, Miami Beach96 units
6.7/ 10
5.8/ 10
KAYAK 7/10 · no review count · kayak.com
KAYAK publishes 7/10 with no review count. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 5.8.
5.9/ 10
KAYAK 10/10, 8/10, 1.5/10, 1.5/10, 8/10 · no review count · kayak.com
Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 5.9.

KAYAK has the largest reported review base at 2,586 and its 7.8/10 guest rating converts to 5.6 under the specified guest curve. The score is adjusted slightly downward for recurring noise and service complaints and slightly upward for repeated praise of location, cleanliness, pool and restaurant; the result remains cautious because all published aggregates located are guest-stay ratings rather than resident reviews.

+ Clean rooms+ Good beds and showers+ Renovated Art Deco building+ Modern adjacent tower
− Reported water leaks− Elevator outage reported− Small or dated room equipment− Thin walls / plumbing noise
+ Excellent South Beach location+ Beach access with loungers and towels+ Rooftop pool+ Restaurant and outdoor dining+ Friendly staff reported by some guests
− Noise− Unfriendly or aloof service− Long or disorganized check-in− Weak security reported− Resort-fee complaints

The available material describes a 1940s Art Deco building with an adjacent 10-storey tower and a multimillion-dollar 2017 renovation, rather than reporting a structural defect. Guest evidence is mixed on systems: one review says “2 of 3 elevadores no funcionan,” while the aggregate summary mentions “minor maintenance problems like water leaks”; another guest reported that every toilet flush in another room was loud.

Guests consistently value the location, beach proximity, pool and restaurant; one review says the “location and staff were great,” and another calls the restaurant “fabulous” with “friendly staff.” The operational feedback is not uniform: reviews mention “unfriendly service,” “Security is pretty much non-existent,” requests for towels not being met promptly, and noise or thin walls.

Berkeley Park HotelSouth Beach, Miami Beach80 units
6.2/ 10
—/ 10
6.4/ 10
Booking.com 8.4/10, 8.1/10, 8.6/10, 8.6/10, 7.8/10, 8.9/10, 6.7/10 · 1,139 reviews · booking.com
Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.4.

Booking.com’s 8.0/10 aggregate from 1,139 guest reviews sets the level; under the specified guest convention, 8/10 converts to 6.0. The written reviews and category evidence show strong staff, cleanliness and location feedback alongside repeated service and breakfast criticisms, producing a modest net downward adjustment; there is no published building-fabric aggregate from which to score structure.

+ Updated rooms+ Clean property and rooms
− Sagging bed reported− Safe-door malfunction− TV remote malfunction− Noise from construction
+ Attentive staff+ Cleanliness+ Rooftop pool+ Quiet location+ Walkable beach and convention center
− Inconsistent reception service− Limited breakfast− Slow or absent food service− High parking/resort costs− Limited on-site amenities

The published reviews contain limited room-condition evidence rather than an engineering assessment. One reviewer reported that “the bed ... needs replacing,” that the safe door would not close and that the remote failed until the next day; the same review described construction hammering overhead. Other guests described the rooms as “updated,” “pretty spacious and clean,” and “very clean and well maintained.”

Guests repeatedly praised the staff—one called them “incredibly attentive,” while another said the front-desk concierges were “phenomenal”—and several praised clean rooms, housekeeping and the rooftop pool. The negative reports focus on operations: one guest described “lack of service at the reception,” while another said breakfast was limited and that parking fees were “very high”; these are guest-stay observations, not resident-year evidence.

Only buildings that have reached handover are rated. 0 of 5 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
BLUE ROAD LLC
Headquarters
1111 Kane Concourse, Suite 217, Bay Harbor Islands, United States
33154
Founded
Founded in 1995
US
Entity type
PRIVATE
Revenue
not published
Business model
offplan for sale, commercial, mixed use, masterplan, other

Offices

head office and 1 other
North Miami

Sources: office cities

SOCIALdate not shown in source

Blue Road LLC

LinkedIn
Headquartered in Bay Harbor Islands, Florida, United States, with an office in North Miami.
value seen: North Miami
https://www.linkedin.com/company/blue-road-llc

Partners

7 partners
Fortune International Group
joint venture

Blue Road says it joined forces with Fortune International Group on Nexo Residences, a North Miami Beach residential project.

BGI Development
joint venture

Blue Road describes Alba Palm Beach as its venture in partnership with BGI Development.

ILIA Development Group
joint venture

Blue Road and ILIA are identified as co-developers of The William in North Miami Beach.

Bank Hapoalim
funder

Bank Hapoalim provided a $73.3 million construction loan for the Blue Road/Fortune Nexo Residences project.

Carlos Ott
partner

Carlos Ott is identified as the design collaborator for Nexo Residences and as a design consultant on The William.

Greenberg Traurig
partner

Greenberg Traurig is identified as legal counsel for The William.

Fortune Development Sales
partner

Fortune Development Sales is identified as The William's sales and marketing representative.

Sources: partners

COMPANYdate not shown in source

NEXO RESIDENCES - Blueroad

Blue Road
Description: Joining forces with Fortune International Group and designed in collaboration with world-renowned architect Carlos Ott
value seen: Fortune International Group
https://blueroad.us/portfolio-items/nexo-residences/

Sources: partners

COMPANYdate not shown in source

ALBA PALM BEACH - Blueroad

Blue Road
Description: Our new venture, in partnership with BGI Development, is a luxury high-rise condominium
value seen: BGI Development
https://blueroad.us/portfolio-items/alba-palm-beach/

Sources: partners

COMPANYdate not shown in source

Development Team | Blue Road and ILIA Development Group

The William / Blue Road and ILIA
### ILIA Development Group ILIA Development Group is a South Florida–based development firm
value seen: ILIA Development Group
https://www.thewilliamresidencesmiami.com/the-team/

Sources: partners

PRESS2025-07-09

Fortune, Blue Road Land $73M Loan for Nexus Residences

The Real Deal
Fortune International Group and Blue Road scored a $73.3 million construction loan for their planned Nexo Residences condos in North Miami Beach.
value seen: $73.3 million construction loan
https://therealdeal.com/miami/2025/07/09/fortune-blue-road-land-73m-loan-for-nexus-residences/

Sources: partners

COMPANYdate not shown in source

NEXO RESIDENCES - Blueroad

Blue Road
Joining forces with Fortune International Group and designed in collaboration with world-renowned architect Carlos Ott
value seen: Carlos Ott
https://blueroad.us/portfolio-items/nexo-residences/

Sources: partners

COMPANYdate not shown in source

Development Team | Blue Road and ILIA Development Group

The William / Blue Road and ILIA
###### Legal Counsel ### Greenberg Traurig
value seen: Greenberg Traurig
https://www.thewilliamresidencesmiami.com/the-team/

Sources: partners

COMPANYdate not shown in source

Development Team | Blue Road and ILIA Development Group

The William / Blue Road and ILIA
###### Sales & Marketing ### Fortune Development Sales
value seen: Fortune Development Sales
https://www.thewilliamresidencesmiami.com/the-team/

Registrations & licences

COMPANY NUMBERL10000019243
Florida Secretary of State · US
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 5 projects tracked

What they build

2 types
Hotel4 of 5
Residential, for sale1 of 5
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
JS
Jorge Savloff
Jorge Savloff is a CEO and principal of Blue Road. The company describes him as a developer and entrepreneur with experience in venture-capital and private-equity projects involving Latin-American investors; independent reporting identifies him as leading Blue Road’s current North Miami Beach condominium pipeline.
Current title
CEO
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
CEODeveloperEntrepreneurVenture capitalPrivate equity

Sources: full name

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
##### Jorge Savloff
value seen: Jorge Savloff
https://blueroad.us/about/

Sources: summary

PRESS2025-09-25

Blue Road, Ilia Plan North Miami Beach Condo Project

The Real Deal
Bay Harbor Islands-based Blue Road, led by CEO Jorge Savloff, and Ilia, led by investment banker Germán Osorio, plan to tap into EB-5 investment for the project.
value seen: Jorge Savloff is a CEO and principal of Blue Road. The company describes him as a developer and entrepreneur with experience in venture-capital and private-equity projects involving Latin-American investors; independent reporting identifies him as leading Blue Road’s current North Miami Beach condominium pipeline.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/miami/2025/09/25/blue-road-ilia-plan-north-miami-beach-condo-project/

Sources: tags

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
Developer and entrepreneur with vast experience in venture capital and private equity projects with Latin-American investors.
value seen: Developer and entrepreneur with vast experience in venture capital and private equity projects with Latin-American investors.
https://blueroad.us/about/

Sources: title

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
CEO
value seen: CEO
https://blueroad.us/about/
MT
Marcelo Tenenbaum
Marcelo Tenenbaum is a Blue Road CEO, principal and founder. Public profiles describe him as a Miami hospitality and residential-real-estate developer who has overseen more than 20 hotel projects, while reporting documents the company’s joint hotel-development track record with Savloff.
Current title
CEO; Principal and Founder
since 2010
Experience
25+ years miami ventures
Companies before
Horizonte Corp.
Education
National Technological University in Buenos AiresMaster of Arts in Computer Science
Other boards
none sourced
Known for
FounderCEOHospitality20+ hotel projectsArgentina
Our goal is to give our guests an experience they'll want to talk about. Travel Weekly 2018-01-25https://www.travelweekly.com/North-America-Travel/Insights/Deco-Collection-captures-the-essence-of-Miami-Beach
The collection maintains the look and identity of South Beach, while giving clients the custom experiences they crave. Travel Weekly 2018-01-25https://www.travelweekly.com/North-America-Travel/Insights/Deco-Collection-captures-the-essence-of-Miami-Beach

Sources: education

SOCIAL2021-02-09

About Marcelo Tenenbaum

Personal profile · carried by marcelotenenbaum.wordpress.com
Mr. Tenenbaum received his master of arts in computer science from the National Technological University in Buenos Aires in 1991
value seen: Master of Arts in Computer Science; National Technological University in Buenos Aires
held out of the figures · the quote does not carry this value
https://marcelotenenbaum.wordpress.com/about-marcelo-tenenenbaum/

Sources: full name

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
##### Marcelo Tenenbaum
value seen: Marcelo Tenenbaum
https://blueroad.us/about/

Sources: previous companies

SOCIAL2021-02-09

About Marcelo Tenenbaum

Personal profile · carried by marcelotenenbaum.wordpress.com
For the past 23 years, he has functioned as Horizonte Corporation’s CEO
value seen: Horizonte Corp.
https://marcelotenenbaum.wordpress.com/about-marcelo-tenenenbaum/

Sources: quote

PRESS2018-01-25

Deco Collection captures the essence of Miami Beach

Travel Weekly
"Our goal is to give our guests an experience they'll want to talk about," said Tenenbaum.
value seen: Our goal is to give our guests an experience they'll want to talk about.
https://www.travelweekly.com/North-America-Travel/Insights/Deco-Collection-captures-the-essence-of-Miami-Beach

Sources: quote

PRESS2018-01-25

Deco Collection captures the essence of Miami Beach

Travel Weekly
"The collection maintains the look and identity of South Beach, while giving clients the custom experiences they crave," he said.
value seen: The collection maintains the look and identity of South Beach, while giving clients the custom experiences they crave.
https://www.travelweekly.com/North-America-Travel/Insights/Deco-Collection-captures-the-essence-of-Miami-Beach

Sources: since

SOCIALdate not shown in source

Marcelo Tenenbaum - Miami Beach, FL, US, Blue Road LLC, UTN | about.me

about.me
A principal at Blue Road, LLC, Marcelo Tenenbaum has overseen more than 20 hotel projects since joining the firm in 2010.
value seen: 2010
https://about.me/marcelotenenbaum

Sources: summary

SOCIALdate not shown in source

Marcelo Tenenbaum - Miami Beach, FL, US, Blue Road LLC, UTN | about.me

about.me
A principal at Blue Road, LLC, Marcelo Tenenbaum has overseen more than 20 hotel projects since joining the firm in 2010.
value seen: Marcelo Tenenbaum is a Blue Road CEO, principal and founder. Public profiles describe him as a Miami hospitality and residential-real-estate developer who has overseen more than 20 hotel projects, while reporting documents the company’s joint hotel-development track record with Savloff.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://about.me/marcelotenenbaum

Sources: tags

SOCIALdate not shown in source

Marcelo Tenenbaum - Miami Beach, FL, US, Blue Road LLC, UTN | about.me

about.me
A principal at Blue Road, LLC, Marcelo Tenenbaum has overseen more than 20 hotel projects since joining the firm in 2010.
value seen: A principal at Blue Road, LLC, Marcelo Tenenbaum has overseen more than 20 hotel projects since joining the firm in 2010.
https://about.me/marcelotenenbaum

Sources: title

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
CEO
value seen: CEO
https://blueroad.us/about/
SOCIALdate not shown in source

Marcelo Tenenbaum - Miami Beach, FL, US, Blue Road LLC, UTN | about.me

about.me
## Principal and Founder and CEO in Miami Beach, FL, US
value seen: Principal and Founder and CEO in Miami Beach, FL, US
https://about.me/marcelotenenbaum
EM
Ezequiel Molinari
Ezequiel Molinari is Blue Road’s Financial Director/CFO. His documented remit covers the group’s financial and accounting operations, hotel and real-estate investments, acquisitions, bank loans and finance strategy; he previously held finance and treasury roles at Smurfit Kappa, IBM Argentina and PricewaterhouseCoopers Consultores de Empresas.
Current title
Financial Director / CFO
since Oct 2013 - Present
Experience
no career length stated
Companies before
Smurfit Kappa de Argentina S.A.Smurfit Kappa Packaging LLCIBM ArgentinaPricewaterhouseCoopers Consultores de Empresas S.R.L.
Education
Pontificia Universidad Católica ArgentinaPostgraduate degree in Finance
University of Buenos AiresContador Público
Other boards
none sourced
Known for
CFOFinance & accountingHotels and real estateSmurfit KappaIBM Argentina
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: education

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
### POSGRADO EN FINANZAS at Pontificia Universidad Catolica Argentina ### CONTADOR PUBLICO at [University of Buenos Aires](https://www.linkedin.com/school/universidad-de-buenos-aires)
value seen: POSGRADO EN FINANZAS at Pontificia Universidad Catolica Argentina; CONTADOR PUBLICO at University of Buenos Aires
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: full name

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
# EZEQUIEL MOLINARI
value seen: Ezequiel Molinari
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: linkedin page

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
### Financial Director CFO - [Blue Road LLC](https://www.linkedin.com/company/blue-road-llc) (Current)
value seen: https://linkedin.com/in/ezequiel-molinari-16805929
value paraphrased from this source
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: previous companies

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
### Contralor de Proyectos Financieros - Smurfit Kappa de Argentina S.A. ### Contralor Financiero - Smurfit Kappa Packaging LLC ### SUPERVISOR DE TESORERIA - SMURFIT KAPPA DE ARGENTINA S.A. ### PAYROLL TEAM LEADER - IBM Argentina ### TESORERO - PRICEWATERHOUSE COOPERS CONSULTORES DE EMPRESAS S.R.L
value seen: Smurfit Kappa de Argentina S.A.; Smurfit Kappa Packaging LLC; IBM Argentina; PricewaterhouseCoopers Consultores de Empresas S.R.L.
held out of the figures · the quote does not carry this value
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: since

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
Oct 2013 - Present (12 years and 11 months) in Miami, Florida, United States
value seen: Oct 2013 - Present
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: summary

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
In charge of the financial and accounting operation for the Group, managing more than 12 hotels and several real estate investments, assisting in the purchase of new assets, dealing loans with banks, and planning all the finance strategy in order to get the better results for the company and the investors.
value seen: Ezequiel Molinari is Blue Road’s Financial Director/CFO. His documented remit covers the group’s financial and accounting operations, hotel and real-estate investments, acquisitions, bank loans and finance strategy; he previously held finance and treasury roles at Smurfit Kappa, IBM Argentina and PricewaterhouseCoopers Consultores de Empresas.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ezequiel-molinari-16805929

Sources: tags

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
In charge of the financial and accounting operation for the Group, managing more than 12 hotels and several real estate investments, assisting in the purchase of new assets and dealing loans with banks.
value seen: In charge of the financial and accounting operation for the Group, managing more than 12 hotels and several real estate investments, assisting in the purchase of new assets, dealing loans with banks, and planning all the finance strategy in order to get the better results for the company and the investors.
held out of the figures · the quote does not carry this value
https://blueroad.us/about/

Sources: title

SOCIALdate not shown in source

EZEQUIEL MOLINARI

LinkedIn
### Financial Director CFO - [Blue Road LLC](https://www.linkedin.com/company/blue-road-llc) (Current)
value seen: Financial Director CFO
https://linkedin.com/in/ezequiel-molinari-16805929
MC
Marco Cacciola
Marco Cacciola is Blue Road’s Operations Manager. The company assigns him responsibility for group operations, project analysis, development and planning; an independent licensing record identifies him as the holder of a current Florida general-contractor licence through Polo Construction Company LLC.
Current title
Operations Manager
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
OperationsProject analysisDevelopment planningConstructionFlorida contractor

Sources: full name

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
###### Marco Cacciola
value seen: Marco Cacciola
https://blueroad.us/about/

Sources: summary

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
With a BS in Construction Manager he is in charge of operations for the Group. Project Analysis, development and planning.
value seen: Marco Cacciola is Blue Road’s Operations Manager. The company assigns him responsibility for group operations, project analysis, development and planning; an independent licensing record identifies him as the holder of a current Florida general-contractor licence through Polo Construction Company LLC.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://blueroad.us/about/

Sources: tags

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
With a BS in Construction Manager he is in charge of operations for the Group. Project Analysis, development and planning.
value seen: With a BS in Construction Manager he is in charge of operations for the Group. Project Analysis, development and planning.
https://blueroad.us/about/

Sources: title

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
###### Marco Cacciola OPERATIONS MANAGER
value seen: OPERATIONS MANAGER
https://blueroad.us/about/
SE
Susana E. B. Lazzari
Susana E. B. Lazzari is Blue Road’s Vice President of Corporate Development and is responsible for the group’s corporate-development activities. She is a lawyer and Florida Realtor with prior leadership roles in Argentine public and financial institutions, and she remains listed as a member-director of the International Bar Association.
Current title
Vice President, Corporate Development
since Jul 2022 - Present
Experience
no career length stated
Companies before
Honorable Cámara de Diputados de la Provincia de Buenos AiresFideicomiso Fuerza SolidariaProvincia MicrocreditosFundación Formar G25Unicenter Inc.
Education
University of Buenos AiresAttorney at Law, Civil Law, International Relations
University of Buenos AiresPostgraduate Degree, Mediation and Negotiation
University of Buenos AiresPostgraduate degree, Peace Studies and Conflict Resolution
Other boards
International Bar Association — Director Member
Known for
Corporate developmentAttorneyFlorida RealtorEB-5 specialistFormer legislator
https://linkedin.com/in/susana-e-b-lazzari-7a57b183

Sources: education

SOCIALdate not shown in source

Susana E. B. Lazzari

LinkedIn
### University of Buenos Aires #### Attorney at Law, Civil Law, International Relations #### Postgraduate Degree, Mediacion y Negociacion #### Posgrado, Peace Studies and Conflict Resolution
value seen: University of Buenos Aires — Attorney at Law, Civil Law, International Relations; Postgraduate Degree, Mediation and Negotiation; Postgraduate degree, Peace Studies and Conflict Resolution
held out of the figures · the quote does not carry this value
https://linkedin.com/in/susana-e-b-lazzari-7a57b183

Sources: full name

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
###### Susana Lazzari
value seen: Susana Lazzari
https://blueroad.us/about/

Sources: linkedin page

SOCIALdate not shown in source

Susana E. B. Lazzari

LinkedIn
### Vice Presidente Desarrollo Corporativo - [Blue Road LLC](https://www.linkedin.com/company/blue-road-llc) (Current)
value seen: https://linkedin.com/in/susana-e-b-lazzari-7a57b183
value paraphrased from this source
https://linkedin.com/in/susana-e-b-lazzari-7a57b183

Sources: other boards

SOCIALdate not shown in source

Susana E. B. Lazzari

LinkedIn
### Director Miembro at International Bar Association Nov 2022 - Present
value seen: International Bar Association — Director Member
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/susana-e-b-lazzari-7a57b183

Sources: previous companies

SOCIALdate not shown in source

Susana E. B. Lazzari

LinkedIn
### Legisladora de la Provincia Buenos Aires - Honorable Cámara de Diputados de la Provincia de Buenos Aires ### Directora - Fideicomiso Fuerza Solidaria ### Directora - Provincia Microcreditos ### Directora ejecutiva - Fundación Formar G25 ### Vicepresidente - Unicenter Inc
value seen: Honorable Cámara de Diputados de la Provincia de Buenos Aires; Fideicomiso Fuerza Solidaria; Provincia Microcreditos; Fundación Formar G25; Unicenter Inc.
held out of the figures · the quote does not carry this value
https://linkedin.com/in/susana-e-b-lazzari-7a57b183

Sources: since

SOCIALdate not shown in source

Susana E. B. Lazzari

LinkedIn
Jul 2022 - Present (4 years and 3 months) in Miami, Florida, United States
value seen: Jul 2022 - Present
https://linkedin.com/in/susana-e-b-lazzari-7a57b183

Sources: summary

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
A lawyer and a Florida Realtor, with years of experience advising clients in the USA and Latinamerica. She is in charge of the development of the corporate aspects of the Group.
value seen: Susana E. B. Lazzari is Blue Road’s Vice President of Corporate Development and is responsible for the group’s corporate-development activities. She is a lawyer and Florida Realtor with prior leadership roles in Argentine public and financial institutions, and she remains listed as a member-director of the International Bar Association.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://blueroad.us/about/

Sources: tags

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
A lawyer and a Florida Realtor, with years of experience advising clients in the USA and Latinamerica.
value seen: A lawyer and a Florida Realtor, with years of experience advising clients in the USA and Latinamerica.
https://blueroad.us/about/

Sources: title

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
VICE PRESIDENT CORPORATE DEVELOPMENT
value seen: VICE PRESIDENT CORPORATE DEVELOPMENT
https://blueroad.us/about/
JF
Julián Felipe Montero
Julián Felipe Montero is Blue Road’s Director of Investor Relations, with a remit focused on global investors, cross-border transactions and EB-5 strategy. He is also counsel at Saul Ewing LLP and has previously been a partner at Saul Ewing, Arnstein & Lehr and Montero Wolkov; his education includes an LL.M. in Tax, a JD and a BA in Political Science.
Current title
Director of Investor Relations
since Feb 2023 - Present
Experience
25+ years advisory
Companies before
Saul Ewing LLPArnstein & Lehr LLPMontero Wolkov LLPGreenberg Traurig, LLPWhite & Case LLP
Education
Boston University School of LawLL.M. Tax
University of the Pacific — McGeorge School of LawJD
University of Wisconsin–MadisonBA, Political Science
Other boards
Chile-U.S. Chamber of Commerce — served two terms on the Board of Directors
Known for
Investor relationsEB-5Cross-border investmentsCounsel at Saul EwingLL.M. Tax
https://www.linkedin.com/in/julianfelipemontero

Sources: education

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
### LL.M. Tax at [Boston University School of Law] ### JD at [University of the Pacific - McGeorge School of Law] ### BA, Political Science at [University of Wisconsin-Madison]
value seen: Boston University School of Law — LL.M. Tax; University of the Pacific — McGeorge School of Law — JD; University of Wisconsin–Madison — BA, Political Science
held out of the figures · the quote does not carry this value
https://www.linkedin.com/in/julianfelipemontero

Sources: full name

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
# Julián Felipe Montero
value seen: Julián Felipe Montero
https://www.linkedin.com/in/julianfelipemontero

Sources: linkedin page

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
### Director of Investor Relations - [Blue Road LLC](https://www.linkedin.com/company/blue-road-llc) (Current)
value seen: https://www.linkedin.com/in/julianfelipemontero
value paraphrased from this source
https://www.linkedin.com/in/julianfelipemontero

Sources: other boards

SOCIALdate not shown in source

Julián Felipe Montero

Julián Felipe Montero · carried by linkedin.com
I served on the Board of Directors of the Chile-US Chamber of Commerce for two terms
value seen: Chile-U.S. Chamber of Commerce — served two terms on the Board of Directors
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/julianfelipemontero

Sources: previous companies

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
### [Saul Ewing LLP] Counsel (Current) ### Partner - Arnstein & Lehr LLP ### Partner - Montero Wolkov LLP ### Associate - Greenberg Traurig, LLP ### Associate - White & Case LLP
value seen: Saul Ewing LLP; Arnstein & Lehr LLP; Montero Wolkov LLP; Greenberg Traurig, LLP; White & Case LLP
held out of the figures · the quote does not carry this value
https://www.linkedin.com/in/julianfelipemontero

Sources: since

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
Feb 2023 - Present (3 years and 8 months) in Miami, Florida, United States
value seen: Feb 2023 - Present
https://www.linkedin.com/in/julianfelipemontero

Sources: summary

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
I have more than 25 years of experience advising global investors and entrepreneurs with a variety of transactional matters, including acquisitions, private equity, cross-border and investments in real estate assets.
value seen: Julián Felipe Montero is Blue Road’s Director of Investor Relations, with a remit focused on global investors, cross-border transactions and EB-5 strategy. He is also counsel at Saul Ewing LLP and has previously been a partner at Saul Ewing, Arnstein & Lehr and Montero Wolkov; his education includes an LL.M. in Tax, a JD and a BA in Political Science.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/julianfelipemontero

Sources: tags

COMPANYdate not shown in source

about_us_es - Blueroad

Blue Road
Over 25 years of experience advising global investors and entrepreneurs, collaborating to structure comprehensive legal strategies for international clients, and with substantial experience with the EB-5 industry.
value seen: Over 25 years of experience advising global investors and entrepreneurs, collaborating to structure comprehensive legal strategies for international clients, and with substantial experience with the EB-5 industry.
https://blueroad.us/about/

Sources: title

SOCIALdate not shown in source

Julián Felipe Montero

LinkedIn
### Director of Investor Relations - [Blue Road LLC](https://www.linkedin.com/company/blue-road-llc) (Current)
value seen: Director of Investor Relations
https://www.linkedin.com/in/julianfelipemontero

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 1 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

5 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Alba Palm BeachWest Palm Beach, United States
Northwood
residential for sale55122247,233 sq ftUSD 95m
construction loan
—2022March 2, 2022Jan 2025 – Dec 2025Jun 2026+11.5 mo
(+6.0 to +17.0)
estimatedcompleted
Uma House by Yurbban South Beach — Hotel 18 redevelopmentMiami Beach, United States
South Beach
hotel691—30,000 sq ft—————Jan 2022 – Dec 2022—not scorablecompleted
Berkeley Park HotelMiami Beach, United States
South Beach
hotel801————2021April 1Apr 2021Apr 20210.0 mo
(0.0 to 0.0)
estimatedcompleted
Haven Park HotelNew York, United States
Bronx
hotel7011345,000 sq ft————Jan 2018 – Dec 2018Jan 2021 – Dec 2021+36.0 mo
(+25.0 to +47.0)
sourcedcompleted
Iberostar BerkeleyMiami Beach, United States
South Beach
hotel9611048,000 sq ftUSD 43m
other
———Apr 2017Aug 2017+4.0 mo
(+4.0 to +4.0)
estimatedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

1 found
PROJECT AWARD Winner January 24, 2018 (award announcement; for 2017 transaction)
Single Asset Transaction of the Year (US$25M & Under) 2017 · The Stiles Hotel
The ALIS announcement identifies The Stiles Hotel transaction as the winner and states that Blue Road purchased the 57-room Miami Beach boutique hotel from Carlyle Group for US$17.5 million.
Americas Lodging Investment Summit (ALIS) · https://www.burba.com/ALIS/News/2018/ALIS-Award-Winners-Announced

Risks

Risk flags

2 found
FINANCIAL DISTRESS Reported April 14, 2021; the filing alleged missed payments beginning in February 2020 on one note and December 2020 on the other.
A foreclosure lawsuit was reported against 1745 James LLC, the Blue Road-linked project entity that owned the Sanctuary Hotel site, with the sellers seeking $9.5 million plus interest and alleging defaults on two seller-financed notes; Blue Road principal Marcelo Tenenbaum said the parties were trying to resolve the matter and obtain new funding.
PROJECT CANCELLED Foreclosure reported April 14, 2021; the defaults were reported as beginning in February 2021 for the $7.5 million note and December 2020 for the $2 million note; replacement-project construction reported underway September 12, 2024.
The Sanctuary South Beach condominium/hotel redevelopment associated with Blue Road partners Marcelo Tenenbaum and Jorge Savloff was materially disrupted: a foreclosure suit reported that the Blue Road-linked 1745 James LLC had defaulted on both acquisition notes, while the closed Sanctuary building was ultimately demolished and replaced by the Dolce by Wyndham Miami project; later reporting said construction of the replacement hotel had begun, so the original Sanctuary project is not an active unresolved failure.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 14, 2026 this month
Profile last researchedOctober 14, 2026
Claim
Work for this company? Claiming lets you correct the record with sources and get alerts when it changes.
For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.