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.
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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.
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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.
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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.
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Alirio Torrealba of MG Developer talks with Demetri Demascus of PROFILEmiami at The Village at Coral Gables Showroom
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 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”.
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George Merrick's 8th Village Comes to Life as MG Developer Breaks Ground on 'The Village at Coral Gables'
MG Developer, led by Alirio Torrealba, announces the successful groundbreaking ceremony and Harvest Festival for The Village at Coral Gables, the highly anticipated residential development that pays tribute to the aesthetic beauty and lifestyle of Seville, Spain, and continues the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”
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Scott Wadler (Berkadia), Ayush Kapahi (HKS), Diego Torellaba (MG Developer), Catie Naranjo (MG Developer), Melissa Tapanes (Berkow), Demetri Demascus (PROFILEmiami) and Alirio Torellaba (MG Developer)
Inside 'An Exploration Into Capital Markets Coral Gables' Presented By PROFILEmiami & MG Developer
On Tuesday July 25, 2023 PROFILEmiami teamed-up with MG Developer to present ‘An Exploration into Capital Markets Coral Gables’, bringing an immersive panel and cocktail event exploring capital markets and real estate development in South Florida to the beautiful ‘Village at Coral Gables’ showroom. The relaxed and open setting featured cocktails courtesy of MG Developer and food from Coral Gables staple restaurant, Zucca, while attendees networked with industry leaders one of Miami’s hotbed neighborhoods for business and development.
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MG Developer Locks Down $67.5 Million Construction Loan For The Village at Coral Gables
MG Developer, led by Alirio Torrealba, announces it has secured a $67.5 million construction loan from Churchill Real Estate to build the highly anticipated Village at Coral Gables development, with groundbreaking expected this July. Located at 535 Santander Avenue, is a 48-residence collection that will pay homage to the aesthetic beauty and lifestyle of Seville, Spain, and continue the legacy of the dreamer and founder of Coral Gables, George Merrick, and his vision for “The City Beautiful.”
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Clubhouse
The Village at Coral Gables Reveals New Renderings Giving First Look At Its Luxurious Wellness Club
Coral Gables-based renowned boutique luxury real estate development firm MG Developer has revealed its latest renderings of The Village at Coral Gables’ Wellness Club, spanning nearly 4,000 SF. Stunning amenities and features include an indoor and outdoor terrace lounge that is ideal for events and gatherings; a fitness wing; a luxurious plunge pool as well as a library and conference center; perfect for residents who enjoy working remotely and are looking for all the office amenities.
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MG Developer and Baron Property Group Secure $148 Million Construction Loan From Post Road Group For Metro Parc
MG Developer and Baron Property Group, in partnership with Township Capital, have secured a $148 million construction loan from Post Road Group for Metro Parc, a 10-story, two-tower apartment rental property located at 955 East 25th Street and 980 East 26th Street in Hialeah, Florida. Metro Parc is a 2.5-acre residential mixed-use development that will rise 10-stories and deliver 559 rental apartments ranging from 500 to 800 square feet.
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