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MG Developer and Vertical Developments Secure $100 Million Construction Loan for Alhambra Parc in Coral Gables

June 8, 2026

MG Developer and Vertical Developments have closed on a $100 million construction loan for Alhambra Parc, their landmark mixed-use development located in the heart of Coral Gables. The closing represents a significant milestone for Alhambra Parc and reinforces strong institutional confidence in the vision, execution, and long-term commitment to Coral Gables.

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In Commercial, Development, Development News, Banking, Coral Gables, Construction, Construction News, Construction Update, Finance & Banking, News, News & Features, Residential Tags News & Features, News, MG Developer, Vertical Developments, Finance, Financing, Finance & Banking, Banking, Lending, Construction Loan, Construction News, Construction Update, Construction, Alhambra Parc, Alirio Torrealba, Berkadia, Berkadia Miami, Scott Wadler, Benmark Capital, Mitch Sinberg, Matthew Robbins, Brad Williamson, Development, Development News, Residential, Commercial, Coral Gables, Featured
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Continuum Company Closes $25 Million Pre-Development Loan for Continuum Club & Residences in North Bay Village

April 30, 2025

Continuum Company, a real estate development firm with offices in NYC and Miami, has closed on a $25 million pre-development loan for the Continuum Club & Residences, a planned 32-story luxury condominium development located at 1755 John F. Kennedy Causeway in North Bay Village, Florida.

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In Commercial, Banking, Development, Development News, News, News & Features, North Bay Village, Residential Tags Continuum Company, News & Features, News, Residential, Banking, Finance & Banking, North Bay Village, Aksoy Holdings, Continuum Club & Residences, Benmark Capital, Arquitectonica, Durukan Design, Martha Schwartz Partners, Development, Development News, Lending, Commercial
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Penthouse at St. Regis Residences, Miami Under Contract For $47 Million 6.jpg
August 3, 2026
The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
August 3, 2026

A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.

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August 3, 2026
Development Spotlight: Colette Residences
August 3, 2026
Development Spotlight: Colette Residences
August 3, 2026

Situated between Brickell's vibrant financial district and the tree-lined streets of Coconut Grove, the South Brickell neighborhood has become one of the city's most desirable addresses for buyers seeking a more intimate luxury living experience while remaining connected to the energy of Miami's urban core.

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August 3, 2026
Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million 14.jpg
July 31, 2026
Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million
July 31, 2026

A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development. A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.

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July 31, 2026
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