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.
Read More
MG Developer Breaks Ground and Launches Sales For 'The George', The Final Development in Biltmore Square in Coral Gables
MG Developer, has announced the official groundbreaking and sales launch of The George Residences, its final and most prestigious development in the award-winning Biltmore Square community. Located at 717 Valencia Avenue, this limited collection of 13 ultra-luxury townhomes marks the culmination of MG Developer’s decade-long vision to redefine luxury living in Coral Gables.
Read More
MG Developer Locks Down $41 Million Construction Loan For The George Residences, The Final Development in Coral Gables' Biltmore Square
MG Developer has secured a $41 million construction loan from Pine Bay Capital to bring The George, its final and most prestigious project in Biltmore Square, to life. Located at 717 Valencia Avenue, this exclusive collection of 13 ultra-luxury townhomes represents the culmination of MG Developer’s transformative vision for Coral Gables.
Read More
MG Developer and Vertical Developments Reveal Alhambra Parc in Coral Gables
Miami-based real estate development firm MG Developer and co-developer Vertical Developments, have launched sales for Alhambra Parc, a highly anticipated mixed-use development in the heart of Coral Gables.
Read More
MG Developer and Prosper Group Acquire Waterfront Land For Mixed-Use Project in North Bay Village For $30.9 Million
MG Developer, led by Alirio Torrealba, in partnership with Prosper Group, led by Jay Roberts, acquired a development site for a mixed-use project on North Bay Village for $30.9 million. The acquisition includes two waterfront parcels totaling 42,750 square feet located at 1681 & 1725 Kennedy Causeway.
Read More
MG Developer Gifts $2 Million Donation To Baptist Health Foundation
Baptist Health Foundation has announced that it has received a $2 million donation from MG Developer, a residential property development company, in support of Baptist Health Doctors Hospital in Coral Gables. MG Developer will be recognized at Baptist Health Doctors Hospital as one of its leading donors.
Read More
MG Developer Partners With Interior Designer Nina Takesh On 'The George' In Coral Gables
MG Developer, a leading real estate development firm headquartered in Coral Gables and Los Angeles based Nina Takesh, founder of the eponymous design firm Nina Takesh Designs, have formalized an agreement for “The George,” an ultra-luxury 13 townhome development.
Read More
Edgardo Defortuna, Bernardo Forte Brescia and Carlos Rosso speak on the Legends of Miami panel moderated by Demetri Demascus
Inside PROFILEconnect 'A Night at The Museum' Real Estate Impact Conference at the Coral Gables Museum
On April 11, 2024, PROFILEmiami hosted PROFILEconnect: A Night at the Museum, the inaugural annual real estate impact conference bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. PROFILEmiami teamed up with ONEsir, Constellation Group, MG Developer, Banesco and Contempo Space to host a sophisticated afternoon.
Read More
MG Developer Locks Down $11.5 Million Land Acquisition Loan And Reveals Plans For "The George" Luxury Townhomes
MG Developer, a leading real estate development firm led by Alirio Torrealba, has successfully closed a $10 million loan for the acquisition of prime land in Coral Gables. This strategic move is a testament to the visionary work of MG Developer which marks a significant milestone, as it sets the stage for the development of 13 more exclusive ultra-luxury townhomes.
Read More
Panelists (L-R): Jakub Hejl, Founder & CEO, Westside Capital; Manuel de Zárraga, Executive Managing Director, Executive Committee Council Member, JLL Capital Markets, Americas; Diego Torrealba, Vice President, MG Developer & University of Miami; Dr. Andrea Heuson, Academic Director of Real Estate Programs at Miami Herbert Business School; Marc Chasin, Vice President, Eden Multifamily; Moderator: Demetri Demascus, Co-Founder of PROFILEmiami
Inside 'Emerging Leaders: The Next Generation of Real Estate' Presented by Miami Herbert Business School’s Accelerated MBA in Real Estate
On Thursday September 26, 2023, PROFILEmiami and the University of Miami Patti and Allan Herbert Business School’s Accelerated MBA in Real Estate presented “Emerging Leaders: The Next Generation of Real Estate”, featuring an immersive panel event exploring the different stages of a career in the real estate industry and what it takes to get there.
Read More