How It Started
Loreto Development was founded in 1987 when my Grandpa, Loreto Iafelice, and my Dad, Loreto Iafelice II, put in their first residential development. Together, with the help of my Grandma, Florence Iafelice, they went on to build and grow the company you see today. Since 1987, Loreto Development has completed and established numerous residential and commercial projects.
1987 – Grandpa Loreto is pictured above in his red hat at their first development in Willoughby Hills.
Without the hardwork and sacrifice of Loreto and Florence, we would not be the company we are today. We miss “Papa” and “Flossy.” They may be in heaven, but their legacy continues to live on.
Grandpa Loreto when he was a young man serving his native country, Italy.
Grandma Florence helping Loreto wash his first dump truck when he got started in the landscaping business.
Our Current Team
Meet the members of our team. We are proud that Loreto Development was, is, and always will be a family operation.