Development Spotlight: PROFILE Exclusive Interview with Daniel de la Vega [Live on YouTube]

On Wednesday March 11, 2026, PROFILEmiami Co-Founder Demetri Demascus sat down with Daniel de la Vega, President & CEO of ONE Sotheby's International Realty, for a live PROFILE Development Spotlight live interview at the Oasis Hallandale sales gallery to celebrate the newly topped-off towers. The in-depth conversation centered on the evolution of new development sales and what’s next for one of the most dominant luxury real estate platforms on Florida’s East Coast.

Filmed at the sales center for Oasis Hallandale, this interview takes place during an exclusive broker event celebrating the project’s top-off—marking a major milestone for one of South Florida’s most anticipated mixed-use destinations.

Spanning approximately 10 acres in the heart of Hallandale Beach, Oasis Hallandale is a transformative live-work-play environment set to redefine the area with a dynamic blend of luxury residential towers, curated retail, Class A office space, hospitality-driven amenities, and thoughtfully designed public spaces. Positioned between Miami and Fort Lauderdale, the project is emerging as a new hub for both end-users and investors seeking lifestyle-driven development outside of the urban core.

From helping scale ONE Sotheby’s International Realty into a nearly $10 billion annual sales powerhouse, Daniel shares insights on:

• The evolution of development sales strategy in today’s market

• How brokerage platforms are driving sales velocity and absorption

• The importance of broker engagement and global reach

• The synergy between resale and new development

• How integrated services are creating stronger outcomes for developers and buyers

• The growth of Hallandale Beach and the Oasis Hallandale Development

The conversation also dives into the firm’s expanding development pipeline, Daniel’s leadership journey, and how ONE Sotheby’s continues to position itself at the forefront of South Florida’s rapidly evolving real estate landscape.

PROFILE Development Spotlight is an original interview series by PROFILEmiami that takes viewers inside South Florida’s most notable real estate projects, connecting directly with the developers, sales leaders, architects, and visionaries shaping the region’s skyline. Filmed on-site at active developments and sales galleries, each feature delivers a behind-the-scenes look at project positioning, design, sales strategy, and market insights—offering both industry professionals and investors a deeper understanding of what’s driving demand, absorption, and long-term value. Designed to amplify exposure, engage the broker community, and support sales momentum from launch through sell-out, Development Spotlight serves as a powerful platform at the intersection of media, marketing, and new development sales.

About Oasis Hallandale

One of the largest and most ambitious developments in Hallandale Beach, Oasis Hallandale is a new, transformative 10-acre mixed-use destination offering a multi-block district of residences, shops, restaurants, urban parks, and offices. Designed by Bernardo Fort-Brescia of Arquitectonica, Oasis Hallandale is a pedestrian-friendly city center to the city of Hallandale Beach located at 1000 E Hallandale Beach Blvd.

Oasis Hallandale will combine a live, work, and play lifestyle and community with boating, the nearby beaches, Gulfstream Park, the Hollywood Beach Boardwalk, Aventura Mall, Seminole Hard Rock Hotel & Casino, and the Fort Lauderdale-Hollywood International Airport all in one prime location.

The residential portion will be made up of 500 multifamily units in two 25-story residential towers. The West Tower is nearing completion with projected delivery in early 2026, while the East Tower is advancing toward full completion in 2027. Pricing for available units ranges from approximately 900 to 4,750 square feet, priced from $750,000 to $5.02 million. Homes feature floor-to-ceiling glass, expansive balconies, open-concept layouts, and imported Italian finishes.

Residents will have access to a six-level, 70,000-square-foot amenity deck, one of the most expansive in the submarket, featuring resort-style pools, wellness and fitness facilities, coworking spaces, entertainment lounges, and family recreation areas.

Unlike standalone residential towers, Oasis Hallandale is already anchored by a fully operational commercial district comprising 60,000 square feet of retail and dining and 35,000 square feet of office space across five buildings. Tenants including KC Market, Davinci Café, Oasis Fit, Oasis Dental, Delice Med Spa, and Elve Luxury are active on site, establishing a true live-work-play environment.

Images via Oasis Hallandale

Past PROFILE Articles about Oasis Hallandale:

For more information about PROFILE Development Spotlight Opportunities or to inquire about purchasing a unit at Oasis Hallandale please fill out the form below:

Building the Dream: How Bluenest is Redefining Affordable Homeownership in Miami-Dade

PROFILEmiami had the exclusive opportunity to sit down Bluenest Development CEO Salim Chraibi to discuss how his company is reshaping Miami-Dade’s attainable housing market. As home prices in Miami-Dade continue to soar, the dream of homeownership feels increasingly out of reach for the region's workforce. Enter Bluenest Development—a homebuilder focused on attainable, for-sale housing for those earning between 80% and 140% of the area median income.

Since launching in 2018 with just six single-family homes, Bluenest has rapidly scaled by targeting emerging neighborhoods and working alongside local governments to deliver homes priced well below the county median. Their mission goes beyond housing—it's about creating generational wealth and long-term community stability.

PROFILEmiami caught up with Salim to learn about how Bluenest Development is providing homeownership opportunities to the workforce while navigating the challenges of scaling in one of America’s most competitive real estate markets.

PROFILEmiami: What inspired you to launch Bluenest Development, and how has your mission evolved since 2018?

Salim Chraibi: We started in 2018, building just six single-family homes, and right away, I saw how many people were struggling to buy a home, priced out of the American dream of homeownership. That’s what inspired me to scale. Today, we are focused on developing homes in emerging neighborhoods throughout Miami-Dade County, catering to the workforce earning between 80% and 140% of the area median income. What surprised me early on was that nearly all the workforce housing being built was for rent. No one was offering for-sale options. I’ve always believed that every business should solve a real problem, and this one matters. It’s not just a high-demand product—it’s good karma. We're building something that meets a real need and doing it at scale.

PROFILEmiami: How does Bluenest define "attainable housing," and why is this concept so important in Miami-Dade today?

Salim Chraibi: The median home sale price in Miami-Dade is $665,000, and we bring homes to market that are substantially below that number, around $450,000. We partner with local governments to offer incentives that help buyers layer financing—combining a traditional first mortgage with a second provided by the county. With the blended interest rate of 4.5%, their total monthly payment comes out to much less than what they'd pay to rent the same home. Another benefit is that they don’t have to pay for private mortgage insurance. We've had people break down in tears at the closing table because they never thought this would be possible. Years later, some still reach out to thank us. 

PROFILEmiami: What’s your approach to scaling without compromising quality?

Salim Chraibi: We’ve developed a series of efficient, well-designed 3- and 4-bedroom models that we build consistently across our communities. These models are already approved in Miami-Dade, which allows us to bypass lengthy approval timelines and pull permits in under two weeks. We adapt each model to suit the character of the area, so only the elevations are different. This repeatable approach reduces costs and accelerates delivery, key factors in keeping costs down. Our scale also gives us purchasing power, and we’ve secured volume discounts with manufacturers. Homes priced around $450,000 often sell before construction is even complete, which helps reduce interest costs and our overall risk. 

PROFILEmiami: Tell us more about your projects in Miami-Dade. What makes these locations strategically important for workforce housing? 

Salim Chraibi: About 95% of our projects are in unincorporated Miami-Dade county, which makes the approval process easier. These areas are composed of infill locations and properties within the urban development boundary that are ideal for redevelopment

PROFILEmiami: What are some of the biggest challenges you've faced with zoning and land use in converting farmland to housing communities?

Salim Chraibi: The biggest challenge is local opposition - classic NIMBYism. Everyone agrees we need more workforce housing, but nobody wants it near them. You have residents on half-acre lots who bought over 3 decades ago and don’t want the character of the area to change with the addition of townhomes or single-family homes on smaller lots. We're not building high-rises — we're proposing compatible, low-density projects that provide homeownership opportunities. This kind of resistance is the main barrier to adding much-needed inventory.

PROFILEmiami: Your 1% down payment program is a bold step—how does it work, and what kind of buyer response have you seen?

Salim Chraibi: The program is available to buyers who make up the workforce of Miami-Dade County, typically between 80 and 140% of the Area Median Income. Buyers get pre-approved with one of our preferred lenders, who typically finance 75% of the purchase price, and the county provides the remainder through a second mortgage at 1%. The response has been incredible. Buyers are extremely grateful and are happy at the opportunity to own a home.

PROFILEmiami: Beyond building homes, how do you see Bluenest contributing to long-term neighborhood stability and generational wealth? 

Salim Chraibi: We’re making generational wealth possible by lowering the barriers to homeownership. Many of our buyers can move in with less than half a month’s rent as a down payment, compared to the years it might take to save traditionally.

In many cases, our buyers gain more in home appreciation within two years than we earned as the developer. Over time, that equity builds. After 20 or 30 years, the home is paid off and can be passed down, worth significantly more than what was originally paid. We’re also building multi-generational options, like duplexes, where families can live together under one mortgage.

PROFILEmiami: Looking ahead, where do you see Bluenest in five years?

Salim Chraibi: In the next 3 to 5 years, we aim to expand across Florida because affordability is a statewide issue, starting with markets like Palm Beach County where we’re already looking at sites. We’ll continue building in Miami-Dade for as long as land is available. This is the market we know best and we’ve built strong relationships here. 

PROFILEmiami: Tell us a war story 

Salim Chraibi: Let’s just say—make sure you’re well insured if you’re in land development. One night my wife forgot her laptop at work and asked me to give her a ride. I was in pajamas, thinking it would be a quick ride. On the way, I got a call that there was a fire at one of our job sites—in Homestead, an hour away. So we rerouted immediately and stayed until 8 in the morning. Thankfully, everyone was safe, but it was chaos. 

I was so nervous that I left the car running the entire night. When I tried to leave, the battery was dead. And of course, the skies opened up with pouring rain just as I tried to jump it. It was the longest, most stressful night of my life—and a great reminder that anything can happen in this business, usually at the worst possible time.

PROFILE Exclusive With Real Estate Developer Isaac Toledano of BH Group On Developing South Florida

PROFILEmiami had the exclusive opportunity to join Isaac Toledano, Founder of BH Group, to learn how he has built his development firm into a thriving enterprise in the highly competitive South Florida market. Isaac is currently developing The Residences on Six Fisher Island, which is set to have over a $1 billion sell out, in addition to other ultra luxury branded projects such as The Ritz-Carlton West Palm Beach, W Pompano Beach and Viceroy Residences Aventura. In all, his passion for real estate has led him to having completed 1,100+ residential units with over 10,000+ residential units in-progress.

PROFILEmiami caught up with Isaac to take an in-depth dive into his portfolio, his career and what are some of the keys that have led to his success.

PROFILEmiami [PM]: Give us your background? How did you get started in real estate? Tell us about your first deal?

Isaac Toledano [IT]: I started working when I was 15, and in 1999, I moved to Miami and began my real estate journey as a mortgage broker at a firm called The Mortgage House, which specialized in residential loans. That’s where I learned the fundamentals of the mortgage industry. By 2001, I transitioned into real estate investing.

My first deal was the purchase of a warehouse in Hallandale, followed by two apartment buildings in North Miami. Between 2001 and 2003, I was involved in multiple transactions, and by 2004, I shifted my focus to condo conversions—acquiring rental communities and converting over 1,000 units into condominiums.

In 2012, I partnered with Jorge Perez and The Related Group on our first joint venture: Hyde Beach Resort in Hollywood, a 407-unit oceanfront development that turned out to be a major success. Since then, we’ve collaborated on over 20 projects together, including Paraiso Bayviews (388 condos), Wynwood 26 (175 apartments and 30,000 square feet of retail), and many more.

In addition to Related, I’ve partnered with leading developers like Lennar, Kolter, American Landmark, and Pebb Enterprises. We have a strong belief in the Florida real estate market and remain fully committed to it. We don’t invest in other states or markets—our focus is exclusively on Florida.

PM: When did you found BH Group? What were some of BH Group's early projects?

IT: I founded BH Group in 2009. Prior to that, I made several early real estate investments through my previous real estate company. Those initial projects laid the groundwork for what would become BH Group’s broader focus on acquisitions, development, and strategic joint ventures across Florida.

PM: You work closely with your wife, tell us about that relationship?

IT: My wife, Liat, is not only my partner in life but also in business. We have eight children and one granddaughter—so we like to think of ourselves as a small family office. Some of our kids have even started working with us, which makes it even more special. Liat is deeply involved in the day-to-day operations, and her input is invaluable. Let’s just say, I never buy a piece of real estate without her blessing.

PM: What projects are you currently developing now?

IT: We currently have several projects under construction. One of them is The Residences at Six Fisher Island, a joint venture with Related Group and Teddy Sagi. Another is District 225, also in partnership with Related. We launched sales a few months ago for The Ritz-Carlton Residences in West Palm Beach and hope to begin construction by the end of the year—sales have been going very well.

We also recently launched the W Residences in Pompano Beach, which includes both residential units and a condo hotel, as well as the Viceroy Residences Aventura. Additionally, we’re working on Greenview at Presidential in collaboration with Lennar, among other upcoming developments.

In Boca Raton, we're preparing to start demolition and have just received entitlements for 500 residential units and 45,000 square feet of retail space. We're also have 400,000 square feet of office space, much of which is already pre-leased—including a recently signed lease with Equinox for approximately 37,000 square feet.

We’re fortunate to be working on many projects at once, all within Florida. We believe strongly in this market—it's one of the best in the world. We continue to see strong demand from buyers coming from all over, all looking to invest in Florida.

PM: The Residences at Six Fisher Island is a special development, tell us the story behind that project?

IT: We acquired the land for The Residences at Six Fisher Island in September 2022 for $122 million. The opportunity initially came together through a partnership with Teddy Sagi, and we later brought in Related Group to form a joint venture. After securing all necessary entitlements, we broke ground about seven months ago.

This is a truly special project—there are only 50 exclusive residences, and we’re already about 65% sold. The total expected sell-out is close to $1 billion. It’s an iconic location and one of the most prestigious developments in South Florida.

PM: You are also developing several branded residences with hospitality brands such as The Ritz-Carlton, Viceroy and W, tell us about those projects and relationships.

IT: Branded residences are being very well received in today’s market, especially here in Florida. Many buyers know exactly what they want—they’re looking for a strong brand, a prime location, and top-tier amenities, services, and lifestyle. And why not? If you're already investing several million dollars in a condo, it makes sense to get the added value that comes with a hospitality brand.

We’ve already signed several deals with Marriott. We partnered with them for the W Residences in Pompano Beach, the Ritz-Carlton Residences in West Palm Beach, and the Ritz-Carlton project in Hammock Dunes, Palm Coast. That one is a six-and-a-half-acre oceanfront site with 120 luxury condos.

We’re seeing increasing demand for branded residences for many reasons. People like the credibility and familiarity of a brand—it’s the same concept as the clothes you wear, the watch on your wrist, or the car you drive. So why not live in a building that reflects that same level of quality and prestige, with exceptional amenities, service, and lifestyle?

When you partner with the right brand, and they approve the location, they want to be involved from the beginning—helping select the architect and interior designer, and ensuring the development upholds the high standards their name represents. And that level of collaboration adds real value for everyone involved.

PM: In addition to developing luxury condominiums, you are developing a single housing family project with Lennar and own and manage over 2 million SF of commercial real estate, can you discuss the importance of being flexible between asset classes?

IT: So first of all, diversification is important. In our portfolio, you can find some commercial properties. We own a few shopping centers, office buildings, and we also own the Southland Mall in Miami, which we have very, very strong occupancy. So diversification is important.

In addition to our condo projects, we’re also developing rental properties. We’re excited to be partnering with Lennar on a project that includes 103 luxury single-family homes in the Aventura market. Construction is already underway, and we’ve sold over 20 homes so far. These homes are being developed as we speak. What makes this project particularly significant is that no single-family homes have been built in the Aventura area for the last 25 years. We purchased the former Presidential Estates golf course, which spans 104 acres in Aventura.

Our focus remains firmly on Florida, particularly the South Florida market, which we strongly believe in. We have the flexibility to pursue the right opportunities, whether it’s through us, our partners, investors, or equity partners. This approach allows us to do what we believe is best. Some of our partners are more comfortable with mixed-use projects, others with condos, and we’re happy to offer a variety of options to suit different preferences.

PM: In the past you have mentioned that you like to develop in places that you can drive to, can you discuss how the markets differ developing in Miami vs. Palm Beach or Naples?

IT: In Naples, with Kolter Group, we acquired an older condominium, terminated the condo association, completed the demolition, and received all the necessary entitlements. Now, we’re developing 12 ultra-luxury condos on 220 feet of beachfront property in Naples.

Clearly, the markets are different. The buyer who purchases an ultra-luxury condo in Naples is not the same as the one who buys a condo in Aventura. Today’s buyers are very discerning. They want to ensure they’re investing in the best location, that they’re working with a quality developer, and they won’t settle—for either the location or the quality of the building.

In West Palm Beach, we have the opportunity to work with a diverse range of buyers, including Americans and Canadians. Because we’re involved in a variety of projects, we have access to many of these buyers. Each market is unique, though. The process of getting permits and approvals in Miami is different from the process in Naples.

PM: What does BH Group do that sets you apart from other developers?

IT: What sets BH Group apart is that we’re truly local. We live here, we work here, and we only invest in Florida. That deep understanding of the market allows us to identify opportunities quickly, analyze them efficiently, and move with speed and confidence.

Unlike developers who spread themselves across multiple regions, our focus is laser-sharp. We know the nuances of each neighborhood, and we have the relationships and experience to act decisively. That local edge makes all the difference.

PM: What gets you excited to work as a real estate developer?

IT: What excites me most is seeing a project come to life—knowing that just a few years earlier, it was nothing more than an idea. Taking that vision from concept to completion is incredibly rewarding.

People often ask me what I’m chasing these days—is it money, is it success? At this point in my career, it’s really about the success of the project itself. That feeling of building something meaningful, something that adds value to a community—that’s what keeps me motivated every day.

PM: What are some of the most important lessons you learned throughout your career?

IT: One of the most important lessons I’ve learned is the value of focus and discipline. You need to stay committed and work hard—there are no shortcuts in this business. I also believe that integrity matters. If you’re honest, treat people well, and do the right thing, good things will follow. Those values have guided me throughout my career.

PM: You mentioned some of your kids are working with you now, so what is next for you and BH Group?

IT: I don’t see myself ever retiring. As long as God gives me the strength and health, I want to keep doing what I love. Real estate isn’t just a career for me—it’s a passion. And now that some of my kids are working alongside me, it’s even more meaningful. The goal is to keep building, keep growing, and hopefully pass on something lasting to the next generation.

Renderings via BH Group

PROFILE Exclusive Interview With Developer Alexis Bogomolni of the La Maison Penthouse at AIRE Residences

When it comes to creating transformative real estate projects that combine innovation, luxury, and thoughtful design, real estate developer Alexis Bogomolni of ABH Developer has supplanted himself as one of Miami’s most active developers shaping the future of South Florida living. With 1,500 units currently in the pipeline, from high-end boutique residences like the waterfront AIRE Residences in Bay Harbor Islands to larger developments and the transformation of the Wynwood Norte neighborhood, ABH is redefining what’s possible in real estate.

At AIRE Residences, Bogomolni worked to deliver the lavish La Maison Penthouse, a truly unique condominium that lives like a single-family estate but without the upkeep of a traditional house. PROFILEmiami had the exclusive opportunity to catch up with Alexis in Miami’s Bay Harbor Islands to learn how AIRE Residences is setting a new standard for boutique waterfront living.

PROFILEmiami [PM]: Tell us about AIRE Residences and give us a quick snapshot of the property.

Alexis Bogomolni [AB]: AIRE Residences is a true gem in Bay Harbor, offering a rare combination of exclusivity and privacy that’s becoming increasingly hard to find in Miami. With only seven luxury units, the building creates an intimate, serene environment perfect for those who value space and tranquility. Its prime location—just steps from Kane Concourse, Pura Vida, the Bal Harbour Shops, and directly across from The Well—adds incredible convenience, while the private marina dock enhances the waterfront lifestyle.

When we conceptualized AIRE, we saw a gap in the market for a building with a distinctly European sensibility—boutique, elegant, and private. Miami is known for large-scale resorts, but AIRE was designed to be the opposite: a sophisticated retreat that feels like a single-family estate but without the upkeep. The project has been met with an overwhelmingly positive response, and six of the seven units have already sold. The final available unit, La Maison Penthouse, is a masterpiece of design and luxury, offering 10,675 square feet of living space with a private elevator, six bedrooms with terraces, and the largest wraparound 360-degree terrace on the island.

PM: Why is Bay Harbor Islands such a desirable place to live?

AB: Bay Harbor Islands offers the perfect balance of tranquility and convenience, making it one of South Florida’s most desirable neighborhoods. The tree-lined streets and small-town charm create a peaceful environment, yet it’s just minutes from Miami Beach, Bal Harbour, and Aventura. Residents love the walkability, with places like Kane Concourse, Pura Vida, The Well, and the Bal Harbour Shops just steps away. The waterfront location provides opportunities for boating and water sports, a signature of the South Florida lifestyle. Families are drawn to its top-rated schools, and individuals value privacy and luxury. It’s an upscale community that feels unspoiled, perfectly aligning with the boutique living offered by AIRE Residences.

PM: What lifestyle and amenities does AIRE Residences offer?

AB: AIRE Residences offers a lifestyle defined by thoughtful luxury and exclusivity. The Sky Garden is a standout feature, with a Chef’s Dining Terrace for al fresco entertaining, a state-of-the-art gym, and a lounge area—all with incredible views. The private marina provides convenience for residents, direct water access, perfect for boating or enjoying peaceful waterfront moments.

Even the details are exceptional, like the beautifully textured garage that feels like an extension of the elegant lobby. Residents also enjoy two pools by the marina for relaxation and exclusivity. With private elevators opening directly into each unit and expansive wraparound terraces offering 360-degree views, AIRE redefines boutique luxury living.

PM: How does the location of AIRE Residences contribute to its appeal as a waterfront luxury residence?

AB: AIRE Residences’ location is a key part of its appeal, combining serene privacy with unmatched convenience. Nestled in Bay Harbor Islands, it’s moments away from Miami Beach, Bal Harbour Shops, and Aventura, yet it retains a quiet, neighborhood charm. The private marina dock provides direct access to the bay for boating enthusiasts, while the walkability to Kane Concourse, The Well, and Pura Vida enhances everyday convenience. This central location offers tranquility alongside proximity to world-class amenities, creating an exceptional lifestyle.

PM: Can you discuss the added value of having a private marina at the building?

AB: The private marina at AIRE Residences is a tremendous value, offering residents direct access to the water—a defining feature of South Florida living. Boating enthusiasts will appreciate the convenience of docking steps from home, while others can enjoy the serene waterfront ambiance it creates. Beyond the practical benefits, the marina adds to the exclusivity and prestige of the property, making AIRE more than a residence—it’s a lifestyle gateway.

PM: What inspired the design and concept of AIRE Residences, specifically La Maison Penthouse?

AB: The design of AIRE Residences, especially La Maison Penthouse, was inspired by the desire to merge the expansive feel of a single-family estate with the convenience of luxury condominium living. The result is a two-story penthouse with 6,922 square feet of indoor space and an additional 3,750 square feet of terraces, offering breathtaking panoramic views. It’s a unique blend of functionality and elegance that sets a new standard for boutique waterfront living.

PM: Can you tell us more about the unique features that set La Maison Penthouse apart from other luxury residences in Miami?

AB: La Maison is a rare find—a massive estate within a boutique building. Its open-concept design seamlessly connects the kitchen, lounge/bar, and living room, creating an expansive flow of space. What makes it truly unique is the wraparound terrace, the largest on the island, with a private pool, outdoor dining area, and living room. The views are breathtaking, offering a full perspective of the canal, Bay Harbor mansions, and even Billionaire Bunker to the left. It’s a home that redefines luxury living.

PM: What kind of views can residents expect to enjoy from the penthouse’s terraces and rooftop?

AB: La Maison’s wraparound terraces and private rooftop offer unparalleled 360-degree views. Residents can enjoy both sunrises and sunsets, making every day a visual masterpiece. From the two elevated jacuzzis, you can take in the entire island on one side and the serene canal, Bay Harbor mansions, and shimmering water on the other. It’s a panoramic experience that perfectly captures the beauty of Bay Harbor Islands.

PM: Can you discuss the great value of the $13.9 million listing price for this two-floor waterfront residence?

AB: The $13.9 million listing price for La Maison represents exceptional value for such a rare offering. Spanning 10,675 square feet of living space with six bedrooms, wraparound terraces, and the largest rooftop on the island, it’s a true estate in the sky. Features like two private elevators, a rooftop pool, and jacuzzis with 360-degree views add to its exclusivity. Additionally, the price per square foot is comparable to other units in the area, making it an outstanding opportunity for a property that offers unmatched privacy, space, and waterfront amenities.

PM: What commercial projects are under development nearby AIRE Residences that potential buyers should be excited about?

AB: Bay Harbor Islands is finally experiencing the boom it deserves, bringing exciting commercial developments to the area. THE WELL Bay Harbor Islands is a standout, with luxury residences, office spaces, and retail. La Baia Condominiums and Bay Harbor Towers are adding a new level of sophistication with private docks and state-of-the-art facilities. Being steps away from these projects and iconic landmarks like Bal Harbour Shops ensures that AIRE Residences is at the heart of a vibrant, evolving neighborhood.

PM: As a developer, what are some of the signatures you’ve learned to include to add value for future buyers?

AB: As a developer, I’ve learned the importance of privacy and exclusivity, which is why boutique buildings like AIRE offer features like private elevators and limited units. Indoor-outdoor living is another key element, with expansive terraces and amenities like rooftop pools enhancing the lifestyle. Waterfront access, such as private marina docks, is another must-have in South Florida. Finally, timeless design and functionality ensure the property remains appealing and valuable long-term. Each of these details elevates the living experience and creates lasting value for buyers.

PM: Tell us about ABH Development Group and some of the projects in your portfolio.

AB: ABH Development Group is committed to creating transformative real estate projects that combine innovation, luxury, and thoughtful design. With 1,500 units currently in the pipeline, we’re shaping the future of South Florida living. In addition to Aire Residences in Bay Harbour Islands, we are the largest property owner in the Wynwood Norte District of Miami and have 13 multifamily and mixed-use projects ranging from 24 to 150 units in various stages of development within the Wynwood Norte boundaries. We are pleased to play an integral role in the revitalization of this vibrant and diverse neighborhood, and serve as a catalyst for further development. We also just completed a new townhome development in Hollywood, FL. Our collaboration with MG3, one of the most respected construction groups in the region, ensures that our projects meet the highest standards of quality and sophistication. From boutique residences like AIRE to larger developments, ABH is redefining what’s possible in real estate.

PROFILE Exclusive: 12 Questions With Developer of ELLE Residences Robert Thorne of UNCG

It is not every day that a globally renowned fashion and lifestyle media brand teams up with a Miami-based real estate developer to bring a world class luxury condo to the Magic City. Real estate developer Robert Thorne, CEO of Urban Network Capital Group (UNCG), recently teamed up with Elle, in partnership with Vertical Developments, to launch Elle Residences Miami, a luxury condo combining the brand’s signature Parisian influence with Miami’s vibrant culture. Robert has nearly 20 years of experience in the Florida real estate housing market in Florida, catering to demand for condo-hotels and flexible homeownership investments, with new construction properties in Brickell and Orlando. PROFILEmiami had the exclusive opportunity to sit down with Robert Thorne, CEO of Urban Network Capital Group (UNCG) and developer of Elle Residences Miami to delve into his background, his philosophy on development, and the exciting projects he is currently working on in Florida:

PROFILEmiami (PM): What is your background? Tell us about yourself.

Robert Thorne (RT): I have nearly 20 years of experience in the U.S. real estate market, having founded the Royal Bay Group and other development companies. My professional journey spans healthcare and wellness hospitality. I’ve managed both private and publicly traded companies, serving as president. From 1990 to 2000, I was in healthcare, leading an IPO for Continuecare. I then focused on healthcare in 2011 and came back to real estate in 2017.

PM: How did you get started in real estate? Tell us about your first deal?

RT: My journey into real estate began with an opportunity from a gentleman I knew who asked me to invest with him. Together, we started developing, and our first project was a home in Key Biscayne. When it sold, this property set a record for the highest dollar per square foot in the area and was purchased by the Ambassador of Mexico. It was tremendously rewarding to create a project start to finish and I knew this was what I wanted to do with my life. Following this success, I went on to develop my second home, further solidifying my passion for real estate development and the rest is history.

PM: What is your development Philosophy?

RT: Our development philosophy centers on creating communities where families can share experiences that become lasting memories. This can be achieved while offering income-producing opportunities for investors through our condo-hotel model, by which owners place their unit in the rental pool when they are not using it, thereby allowing them the potential to earn a passive income on their investment. Whether people come to relax for a week or to conduct business, the key is to ensure that their time spent is memorable. The end-user's experience is paramount and crafting these meaningful moments and exceptional experiences is at the heart of everything we do.

PM: Tell us about UNCG?

RT: Urban Network Capital Group (UNCG) is committed to developing eco-friendly and wellness-forward projects, always with an eye for quality and detail. Over the past 20 years, it has been a privilege to shape communities through innovative real estate ventures that offer unique opportunities to investors. Our distinctive approach to development, combined with our ability to think outside the box, truly gives us an edge.

A prime example of this is our latest project, ELLE Residences Miami. This development will be the first residential tower for the iconic media brand ELLE and Miami’s first residences branded by a globally renowned media and lifestyle brand. This project epitomizes our philosophy and showcases our dedication to creating exceptional living spaces.

PM: Can you tell us more about UNCG’s eco-friendly approach to development?

RT: There is so much need for environmentally conscious development and it’s a core pillar of our mission. Our company offers a healthy living environment that is eco-friendly, designed with LEED technology and solar energy. We pride ourselves on using sustainable materials and installing EV chargers at various points of all our developments as well.

PM: Tell us about Visions at Brickell Station?

RT: Visions at Brickell Station is set to redefine modern homeownership in Miami’s vibrant Brickell neighborhood by focusing on holistic wellness and offering short-term rental capabilities for utmost flexibility. This innovative condo-hotel is a collaboration between Urban Network Capital Group (UNCG) and Vertical Developments, merging the best of hospitality and real estate to create a unique well-being experience.

This boutique eight-story property integrates a rich array of biohacking features within each dwelling. Recognizing the demand for practical and accessible amenities, Visions at Brickell Station incorporates in-unit technology and design that seamlessly enhance daily well-being. This commitment to wellness extends to the shared amenity spaces, which offer a variety of options to cater to guests' specific needs.

Among the standout features are the spa’s innovative therapies, such as BrainTap Therapy and IV Therapy. Guests can also enjoy exceptional shared spaces, including a rooftop pool, an on-site restaurant and bar, a state-of-the-art gym, and corporate meeting event spaces. Visions at Brickell Station is not just about luxury, it’s about providing a comprehensive wellness experience that enriches the lives of its residents and guests.

PM: The project has a biohacking space as well as a variety of wellness components, how have these set the project apart / added value?

RT: The wellness components of this project set it apart because no one else is integrating such a comprehensive array of biohacking features into dwellings and amenities to this extent. It’s not just a clinic or a spa; it’s a holistic wellness environment. People today are increasingly seeking places that enhance their wellness experience, and our project caters to this demand.

As short-term rentals become increasingly popular in Miami, these unique wellness features position Visions at Brickell Station as a unique offering that’s a cut above other accommodations in the area, adding value for buyers who seek to rent out their unit.

PM: What other projects do you have in the works for Miami / South Florida?

RT: UNCG is currently working on several exciting projects in Florida. In South Florida, we recently announced ELLE Residences Miami in Edgewater, which has quickly become one of the most desired neighborhoods in the city, and Visions at Brickell Station in the bustling financial district. Each of these is reflective of our development philosophy for creating unrivaled experiences and introducing projects that are unlike anything else in the market.

PM: You are also quite active in Orlando, tell us about your portfolio there.

RT: Beyond Miami, we are very enthusiastic about our developments in the greater Orlando area because we feel there is a tremendous opportunity for us to create something new and bring a fresh perspective to residential and mixed-use development that will make a positive impact on the community. One of our flagship endeavors is the $170 million Visions Resort & Spa, a multi-phase development that began construction last fall and will span 55 acres. Another exciting project is The Flats Orlando, a 160-unit wellness-focused condo-hotel located near Orlando's major attractions. Our portfolio in Orlando reflects our commitment to innovation and quality, offering unique living experiences that enhance both well-being and convenience.

PM: What is your perspective on the real estate market in Miami amid a changing economic environment and rising interest rates?

RT: When discussing the real estate market in Miami amid rising interest rates, it's important to consider the broader perspective. Post-COVID, interest rates were exceptionally low, but historically, Miami has been a city of continuous growth and resilience. Despite fluctuations, both developers and buyers have consistently adapted to prevailing economic conditions and interest rates.

The recent renaissance of Miami following COVID has been remarkable. The city's growth trajectory has not only resumed but accelerated, reflecting its enduring appeal and dynamic potential. While rising interest rates might pose challenges, they are part of a broader economic cycle to which Miami has consistently adapted. The city’s real estate market remains robust, driven by its unique blend of cultural vibrancy, economic opportunities, and an ever-expanding population.

PM: What's the most important thing you've learned throughout your career?

RT: The most important lesson I've learned throughout my career revolves around the power of vision. If you have a clear vision and never give up, you will always find a way to attain it. I entered the Orlando market as a developer, we had to compete with companies that had been here for a long time and had an established reputation. I quickly learned that working collaboratively with government officials, city planners, and understanding their needs and vision for the community was key to making our dreams for projects like Visions Reort & Spa and The Flats Orlando a reality. This experience reinforced my belief that perseverance and a well-defined vision can overcome even the most daunting challenges.

PM: Where do we find you on your day off?

RT: Enjoying life while out on the water with my family.

Robert Thorne Bio:

Robert Thorne, CEO of Urban Network Capital Group, brings almost 20 years of experience to the real estate housing market in Florida. Catering to demand for condo-hotels and flexible homeownership investments, with new construction properties in Brickell and Orlando, UNCG distinguishes its products with features like wellness-focused amenities, resort-caliber services and the unique advantage of on-site hotel management to maximize the earning potential of each owner’s unit.

PROFILE Exclusive Podcast with Real Estate Investor Robert Rivani of Black Lion Investment Group [Full Youtube Interview]

PROFILEmiami co-founder Demetri Demascus had the exclusive opportunity to sit down with real estate investor the founder and CEO of Black Lion Investment Group, to discuss the South Florida real estate market. We joined Robert at his beautiful home in Miami to discuss how he has taken Miami by storm, successfully investing over $250 million into Miami commercial real estate over the past several years. In this PROFILE Exclusive interview with Robert we explore the current state of the Miami real estate market, what factors are influencing the future of the market, Miami’s culinary and entertainment scene, his investment strategy, portfolio and why he moved his family to the Magic City.

Robert Rivani, President of Black Lion Investment Group, is an American entrepreneur, retail entertainment innovator and real estate visionary. The real estate and hospitality visionary has invested over $250 million into Miami real estate in the past few years and is venturing into the commercial office sector with his largest and most ambitious acquisition to date, the $62.5 million purchase of ‘The Lincoln’ in Miami Beach. Following the acquisition of ‘The Lincoln’ Robert has plans to invest an additional $50 million to reimagine the property into ‘Class X’, an innovative concept that aims to redefine luxury and service standards in the office industry. Named the ‘Rivani’, the reimagination will deliver a meticulously-designed, highly amenitized experiential office and retail property that transcends the standard, mundane office space.

Born in 1990, Rivani sold his first company–a footwear business–for $150,000 when he was only a teenager. From there, he went on to participate in day trading, only to lose most of his earnings. It was this first foray into the stock market that taught him patience and deliberation when it comes to investing. During the economic downturn of 2008 and 2009, Rivani worked at his family’s property management firm. He soon realized that there were opportunities in buying, flipping and re-selling inexpensive buildings in areas in need of development. He began doing this in Georgia, and then expanded to Wisconsin, Illinois and Texas.

Over time, he would perfect his business model and the art of the 1031 exchange. Rivani became increasingly interested in finding vacant or abandoned sites and transforming them into thriving retail and entertainment destinations. Throughout each process, Rivani always made it a goal to create ways to benefit the community. In 2014, Rivani created Black Lion Investment Group. He named it Black Lion because he feels he is the trend-bucking black sheep of the real estate world, and the lion is his favorite animal. To date, the company has transacted on over $500 million in real estate deals across the United States. Year over year, Rivani and Black Lion have consistently doubled their growth.

“I’m not your typical developer and owner, and never wanted to be. We have strong ambitions as a company, and are not afraid to take risks in this burgeoning new climate for entertainment and lifestyle real estate. As we begin to expand our portfolio, we are going to change the way it's done. I don’t follow trends. I want to set them to ensure future success,” says Robert Rivani.

Rivani sees the overlap of retail, entertainment and dining as a new frontier in real estate. Inspired by Miami’s high energy lifestyle, Black Lion presently focuses on entertainment-focused endeavors spanning from Brickell, Edge Water, Downtown, South Beach and all ever-expanding social scenes in South Florida. Through his company, Rivani has recently acquired the restaurant SLS Brickell, SLS LUX tower featuring the hot new restaurant Gekko with famed restaurateur David Grutman, Amara at Paraiso, One Thousand Museum, One Ocean, Marea and Continuum– all high profile restaurant spaces.

Furthermore, Rivani also has also developed a one of a kind property located in the heart of Wynwood, Miami’s famed creative hub. He acquired the property Wynwood Jungle to achieve this dream by dynamically changing the façade, look and feel of the center including building a 10,000 SF rooftop, all of which garnished 100% occupancy within 12 months of acquisition.

Rivani plans to invest another $100+ million into South Florida in the next year, as companies and individuals alike continue to relocate to the area from across the country. Rivani’s plans are certainly not limited to South Florida as Black Lion Investment Group has owned properties in 14 states. A historical and current profitable business model continues to be the retail power centers. Black Lion Investment Group currently owns a 300K+ SF center in New Jersey and a 100K SF center in Arizona. An early riser and a dedicated athlete (namely tennis and basketball), Rivani credits his disciplined routine for part of his success. His interests in life include spending time with his wife, traveling the world, and enjoying culinary adventures. Rivani has recently enjoyed his move to make Miami his primary home.

PROFILE Exclusive Podcast with Miki Naftali of Naftali Group Developer of JEM Residences Miami [Full YouTube Interview]

PROFILEmiami Co-Founder Demetri Demascus had the opportunity to sit down with legendary real estate developer and investor Miki Naftali of Naftali Group, to discuss his career and first project in Miami, the recently launched JEM Residences Miami. Miki Naftali is the Chairman and CEO of Naftali Group which he established in 2011. Over the course of his 35-year career in the global real estate industry, Miki has acquired, developed, and managed over $15 billion and 31 million SF in real estate assets across North America, Asia, Europe, and the Middle East. In New York City alone, he has assembled a seminal portfolio of 25 luxury condominiums encompassing over 1,900 residential units, as well other notable projects, including luxury apartment buildings and mixed-use properties.

Now, Miki has turned his sights on Miami where he recently launched JEM Residences Miami in Downtown Miami’s Miami Worldcenter neighborhood. This dynamic condominium development will rise over 700’ tall, 67 stories, and is set to become a landmark focal point within the city’s iconic Miami Worldcenter. JEM Residences Miami will feature 259 condominiums with a private 50th floor amenity suite designed to compete with any high-end luxury hotel, offering a diverse array of meticulously curated indoor and outdoor spaces to cater to various activities.

PROFILE Exclusive Podcast W/ Neel Alwani @NeelTPT of TimePiece Trading [Full YouTube Interview]

PROFILEmiami had the exclusive opportunity to sit down with Neel Alwani, the CEO of Timepiece Trading to learn about his experience as an entrepreneur in the watch industry and get some insight into some of his favorite timepieces which include the Richard Mille RM35-02 Black TPT, which he actually named TimePieceTrading after the watch.

Founded in 2018, Timepiece Trading is a leading luxury watch retailer, specializing in the sale of high-end timepieces from some of the world's most renowned brands including Richard Mille, Audemars Piguet, Patek Philippe and Rolex, amongst others. With a focus on providing exceptional customer service and a wide selection of the latest and most sought-after models, we have quickly become the destination of choice for discerning watch collectors and enthusiasts.

PROFILE Exclusive with Developer of Jem Residences Miami Miki Naftali of Naftali Group

PROFILEmiami had the opportunity to sit down with legendary real estate developer and investor Miki Naftali of Naftali Group to discuss his career and first project in Miami, the recently launched Jem Residences Miami. Miki Naftali is the Chairman and CEO of Naftali Group which he established in 2011. Over the course of his 35-year career in the global real estate industry, Miki has acquired, developed, and managed over $15 billion and 31 million SF in real estate assets across North America, Asia, Europe, and the Middle East. In New York City alone, he has assembled a seminal portfolio of 25 luxury condominiums encompassing over 1,900 residential units, as well other notable projects, including luxury apartment buildings and mixed-use properties.

Now, Miki has turned his sights on Miami where he recently launched JEM Residences Miami in Downtown Miami’s Miami Worldcenter neighborhood. This dynamic condominium development will rise over 700’ tall, 67 stories, and is set to become a landmark focal point within the city’s iconic Miami Worldcenter. JEM Residences Miami will feature 259 condominiums with a private 50th floor amenity suite designed to compete with any high-end luxury hotel, offering a diverse array of meticulously curated indoor and outdoor spaces to cater to various activities.

PROFILEmiami joined Miki at the Jem Residences Sales Gallery to learn about his career and why he set his sights on Miami to develop his next project:

[PROFILEmiami] Where did you grow up? Give us your background? How did you get involved in real estate? Tell us about your first deal?

[Miki Naftali] I moved to the U.S. in 1987 to attend the University of Southern California to pursue a degree in industrial engineering management. While going to school, I became a property manager in order to help pay my bills. My early exposure to real estate deals involved searching for rental buildings to purchase, a task I learned myself through a combination of on-the-ground exploration and common sense. My breakthrough came when I successfully identified a property for acquisition, earning my first real paycheck. I knew that I had found my passion. After spending time in Los Angeles, I returned to Israel in 1992, where I started to work as a project manager and quickly moved up the chain to senior project manager to later become CEO of a small real estate company working on various projects including residential, hotels and office buildings. My signature project at the time was a 44-story mixed-use tower in Tel Aviv, one of the tallest buildings in the city. In 2000, I made a pivotal move to New York, marking a significant chapter in my real estate career.

[PM] What was your first major development?

[MN] From 2000 to 2004 I developed several very successful residential projects in New York City. In 2004, I acquired the famous Plaza Hotel – a renowned New York landmark and one of the most recognizable brands worldwide – for $675 million. After a well-planned $450 million major gut renovation of the one million, 100-year-old building, The Plaza was transformed into the most luxurious mixed-use building. It includes 180 private residences which all sold at a record-breaking price, 152 hotel condominium suites for sale, 131 over-sized hotel rooms and 160,000 square feet of retail space that houses ultra-luxury boutiques and North America's first luxury food hall. The Plaza's world-famous interior venues were restored to their original grandeur, and the project was completed in late 2007.

[PM] When did you found Naftali Group? Give us the background on the firm.

[MN] In 2011, I founded Naftali Group after developing major projects in New York, Los Angeles, Toronto, Montreal, and Singapore as well as taking our Canadian arm public and serving as the chairman of the board. I decided it was time to start my own company and focus my energy and time on designing and developing great buildings that are financially sound, instead of splitting my time dealing with public markets. Naftali Group was founded with a passion to be the best in class. We work with the most talented designers, engineers, brokers, and in-house executives, always pushing the boundaries and standards, and delivering high-quality results in all different market types.

[PM] Naftali Group has built quite an impressive record in NYC, can you tell us what have been some of the keys to your success?

[MN] We have always stood by our product and provided the highest quality possible for each development we deliver. Our company builds projects with timeless designs and great locations based on buyer demand. We prioritize listening to our buyers and delivering on their needs. It’s a simple formula in theory, but few can make good on these promises. That is what sets us apart; the ability to consistently create quality projects, time after time. We also have a strong team that is meticulous and detail oriented. From conversion to ground-up new construction, we have a rare ability to bring together talented teams to realize ambitious goals. Ultimately, our customers are what matter the most. In one of the most competitive and advanced real estate markets in the world, our customers have chosen to buy and rent our apartments even before our projects are completed, which is a testament to the quality of our work.

[PM] When did Miami come on Naftali Group’s radar? Tell us about the acquisition of the JEM property.

[MN] The decision to invest in Miami aligns with our company's strategy of expanding into premier geographic areas with strong growth potential and creating "best in class" developments at various price points. Miami has evolved tremendously over the past few years and the buyers have become more sophisticated and are seeking a better-quality product in residential apartments. The goal is to bring the expertise gained from global markets to South Florida, invigorating neighborhoods and setting a high standard for quality real estate products in the region.

[PM] Why was Downtown Miami and Miami Worldcenter so attractive to you?

[MN] Miami Worldcenter, located in Downtown Miami, is a well-known international hub that offers excellent walkability, making it an ideal location for development. The area is home to many entertainment and cultural institutions, including the Kaseya Center, Adrienne Arsht Center, Perez Art Museum Miami, Museum Park, and the Frost Museum of Science. Additionally, the neighborhood boasts a diverse range of dining options, high-end shops, and iconic waterfront, making it an attractive destination for both visitors and residents. For those seeking an urban lifestyle, the neighborhood offers plenty of transportation options without the need for a car. JEM Private Residences, strategically located near Brightline's Miami Central Station and metro-mover, make it easy to travel to various cities in Florida within Miami and other parts of the state. The project is also less than 10 miles from Miami International Airport, making travel in and out of the city convenient.

[PM] Tell us about JEM Private Residences, what makes this tower so unique?

[NM] We have collaborated with some of the world's most talented architects and designers to create an extraordinary building in Miami. Arquitectonica leads the building's design, Rockwell Group handles the interiors, and EDSA manages the landscape. The development is an urban oasis that boasts exceptional quality, craftsmanship, and construction that will stand the test of time.

JEM Private Residences is a 67-story building with 259 units ranging from 469 to 2,052 square feet. The condos start at the 43rd floor, offering breathtaking views of the Miami skyline, Biscayne Bay, and Atlantic Ocean. The building's top floor comprises 10 penthouses, with some having their own private outdoor pools. Amenities include the JEM Club on the 50th floor, which features a Sky Deck with a 60-foot pool, jacuzzi, and custom sculpture.

[PM] How is developing real estate in Miami different from New York City?

[MN] I joke that we thought it was difficult to get approvals and permits in New York, but Miami is even more difficult. Jokes aside, there are very different pre-construction processes in New York than Miami. The obvious is that we are able to sell much earlier in the process in Florida, which has allowed us to be creative and work alongside incredible partners here locally. While there are differences, what we do see is a shift in the type of product we are delivering in Miami. As more and more buyers come from New York to Florida, we want to be able to provide a product that appeals to the New York and international buyer. This is what has influenced our unit mix and make-up of this mixed-use development.

[PM] Your daughter Danielle works with you in an EVP role overseeing marketing and design, how special is it to share that family/work relationship?

[MN] Danielle learned the business from the bottom up, starting as a receptionist, moving to an administrative assistant in one of our sales offices, and learning every trick of the trade along the way before becoming our Executive Vice President of Marketing and Design. She is highly motivated, hard-working, and keeps pushing the quality of our work, so yes, it is special and rewarding to see the growth over time and it’s very helpful because I have more time to grow the business.

[PM] Besides real estate and work, tell us about some of your other hobbies?

[MN] Family and boating are my passions. I love being on the water, it is the only place I can relax.

[PM] Where can we find you in your day off? (Favorite restaurant, country club, boat, etc)

[MN] My days off are for either family or spending time on the water.

Image via PROFILEmiami | Renderings via Hayes Davidson

PROFILE Exclusive: 12 Questions With Alirio Torrealba, MG Developer Founder and Coral Gables Visionary

PROFILEMiami had the exclusive opportunity to sit down with real estate developer and philanthropist Alirio Torrealba, whose projects have continued the legacy of Coral Gables founder, George Merrick, and his vision for “The City Beautiful.”

Born in Caracas, Venezuela and graduated from the University of Santa Maria, Alirio Torrealba has a Law Degree with business experience in the automotive industry. From an early age he began to buy and sell used vehicles becoming an automotive agent and that is how he began his professional career in 1989 when he opened the doors of Western Motors, his first car dealership in Caracas, Venezuela.

Due to its success in the automotive industry, he could establish himself in the field and in 1992, Multimarca Automotive Group was born, originally venturing into the purchase, sale, and consignment of new and used vehicles. This experience allowed him access to the representation of important brands such as Kia, Ford, Fiat, among others. Part of his achievements with Multitarca include the positioning of the company as one of the main companies in Venezuela, dominating a large percentage of the market in the country, the growth of branches reaching more than 10, and the expansion of the product line since this experience in the Venezuelan market guided him to venture into the purchase and sale of urban buses. For 10 years (2000-2010) his focus was the automotive industry, always looking for new opportunities and exploring different ways to improve his business. It is because of this vision and desire to improve that in 2010 he was seeking to exploit different markets and develop in Puerto Rico, still under the umbrella of Multimarca Group, Alirio introduced the Kia brand to Bayamón and Humacao, Puerto Rico, strengthening its presence on the island.

In 2010 he began to participate in small real estate investments in Miami, generating an interest in the real estate business in Florida. Alirio moved to Miami in 2013 and in 2014 he began to look for opportunities with the desire to develop in the city. Motivated to find the perfect moment, he was presented with an open door in Coral Gables to build a boutique building in a very central area where developments did not exist, thus becoming the pioneers of development in Coral Gables.

Completely changing his business model and going from working with cars to working in the real estate world, he decides to open a development company, MG Developer, where he is currently the CEO. The company takes over its first project in 2015, which brought interest within the community, giving rise to new acquisition opportunities. From that year to the present date, MG Developer has managed to build and fully deliver eight projects that have generated a highly positive impact on the community.

Carrying with him the values that formed him, he also attaches great importance to corporate social responsibility and that is why he is an active ally of Fundahigado, where his company, MG Developer, is part of this international non-profit organization. Alirio shows his sense of human sensitivity by supporting professional training and development scholarships for children and youth from poor areas throughout Venezuela. In addition, in contribution to "City Beautiful" as Coral Gables is known, Alirio works in ties to promote Art and Culture.

PROFILEmiami recently caught up with Alirio following the groundbreaking of his new Coral Gables project, The Village at Coral Gables, to see how he built MG Developer into one of the fastest growing development firms in Miami and is continuing George Merrick’s original vision developing “The City Beautiful”:

PROFILEmiami [PM]: Tell us about your background, how did you get involved in real estate?

Alirio Torrealba [AT]: I arrived in Miami 8 years ago and was able to connect with the real estate industry. I got involved quickly and began to look at development options in the City of Coral Gables. The City was welcoming since day 1 and now I can say I feel at home here. It offers a very unique lifestyle and we found the perfect niche to create and develop unique projects that could continue to add value to Coral Gables.

PM: What was your first real estate development project?

AT: Our first development project was Biltmore Parc, 32 exclusive condominium residences.

PM: What is your development philosophy?

AT: Nothing beats good teamwork.

PM: You've made a name for yourself transforming Coral Gables residential real estate, can you tell us about your first involvement in the neighborhood and some of your previous projects?

AT: Biltmore Parc at the time gave us great visibility and exposure within the city of Coral Gables because it had been a long time since anything new was built in the city, this opened the doors and connected us with the neighboring people and from there arose new opportunities to buy land around that project.

PM: You recently started the construction of The Village at Coral Gables, tell us about this project?

AT: Built in the classic enclave of Coral Gables, the new Village at Coral Gables Collections revives the legacy of the City’s first architectural icon. Inspired by George Merrick’s Spanish architecture, The Village at Coral Gables reflects the community’s past and present vision—”The Village Project”—and offers 48 residences that are perfectly at home in their tropical surroundings. Here, timeless architecture and meticulously selected finishes are inspired by both the past and present, harmonizing with Coral Gables’ lush environment to create a one-of-a-kind experience. Residences range from two-bedroom flats to four-bedroom townhomes, we also offer Lofts and Villas.

PM: What is your perspective on the real estate market in Miami amid a changing economic environment and rising interest rates?

AT: Real estate in Miami has consolidated and stabilized. We are now in a market of stable prices, there is no longer a high trend, and my position is that with such a market it is still an opportunity to buy because when interest rates go down there will be a lot of demand and prices will rise. I think that with the issue of the interest rates, even being high is a good time to buy because prices have been maintained.

PM: What's the biggest obstacle you've had to overcome in your career?

AT: In my career as a developer, the biggest challenge has always been finding land to do major projects. Especially the localization of land in Coral Gables because there is not much left here so whenever we have had the chance to acquire land in the city, we take it as a great opportunity that we do not want to miss. It is the biggest effort and the one that takes more time in the process of development.

PM: What's the most important thing you've learned throughout your career?

AT: I have learned that it takes faith, perseverance, and a lot of dedication to achieve objectives.

PM: You are extremely active in the world of arts; can you tell us about your passion and relationship with art?

AT: I am a promoter of art and I like to support emerging artists to develop. I like our projects to have an art component since it is a fundamental part of the lifestyle that we promote in the city.

PM: You are very involved in the Coral Gables community, what are some of the philanthropic initiatives you have undertaken?

AT: We are very involved in the Coral Gables Community Foundation, and I always try to support their work. We also participate in the Coral Gables Museum and in general we like to participate in activities from the city because by being involved we can help the Coral Gables evolve. At the end of the day, I try to follow what has always been part of my work philosophy, which is sharing with others, working with generosity, and always trying to give one’s best.

PM: Describe your perfect Saturday night in Miami?

AT: A night out to dinner with my family in one of the many amazing places Miami has to offer.

PM: Where do we find you on your day off?

AT: Not necessarily a day off, but I always look for free time to enjoy a while running on the beach and disconnect for a second, following a healthy lifestyle.