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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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