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CLIENT NEWS: MG Developer lines up $39M loan to build Coral Gables townhome project

July 17, 2025

MG Developer’s pipeline keeps pumping along as Alirio Torrealba’s firm is about to score a $39 million construction loan for a Coral Gables townhome project. Miami-based Pine Bay Capital is providing the financing for The George, a planned development of 13 two-story townhouses at 717 Valencia Avenue that represents the final phase of MG Developer’s Biltmore Square community, a press release states. The loan is set to close soon, an MG Developer spokesperson said. Coral Gables-based MG Developer already completed[...]

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CLIENT NEWS: An 85-year-old hotel in Miami Beach just got a $100M upgrade. See what’s new — and old

February 24, 2025

One of Miami Beach’s oldest oceanfront hotels is reopening to guests after undergoing a $100 million renovation that modernized the landmark and also brought back some of its original design. The Shelborne, 1801 Collins Ave., has started taking reservations for stays beginning May 1, 2025. The 85-year-old hotel, which once foreshadowed the Miami Modernism style, or MiMo of the 1950s, now has 251 rooms, down from 275. The rooms and suites have warm and earthy hues, ceramic sconces, handcrafted ceramics[...]

CLIENT NEWS: One of New York’s popular Italian restaurants just opened in Miami with a stunning garden

February 20, 2025

Carlos Suarez, founder of the popular New York restaurant Rosemary’s, grew up in Coral Gables in the 1990s, but after college gravitated to the northeast. And when it came time to open his first restaurant — named for his mother — he opened it in the West Village, then went on to expand in Tokyo, the East Village and Midtown Manhattan. Now, 13 years later, Rosemary’s has finally made it to Miami. The Italian restaurant from Suarez’s Casa Nela hospitality[...]

CLIENT NEWS: Launch Party at Mercedes-Benz Places oozes pre-pandemic energy

February 11, 2025

Ugo Colombo walked into the Mercedes-Benz Places sales center launch wearing sunglasses with a light orange tint. Colombo glided through the building, sizing up the finishes for the planned Brickell condo project. The car enthusiast — he owns the luxury car dealership the Collection — is rarely seen at industry events. He was among a handful of developers and hundreds of real estate agents and brokers who attended the opening on Feb. 5, hosted by Michael Stern’s JDS Development and[...]

CLIENT NEWS: 171-Unit Domus Brickell Park Tops Off

February 11, 2025

Domus Brickell Park has become the first development in Brickell to top off this year. With the shell now complete, the tower is on track to obtain a temporary certificate of occupancy by the end of 2025, with its hotel and residences on schedule to open in Q1 of 2026. The 12-story development will include 171 fully furnished, short-term friendly units. More than 60% of units have been sold. Developer North Development celebrated the top-off milestone with the project’s general[...]

CLIENT NEWS: Brickell’s Mercedes-Benz Places Launches Sales for Tower 2

February 11, 2025

Mercedes-Benz and JDS Development Group have launched sales for Tower 2 at Mercedes-Benz Places. The 67-story building is already under construction. The design of the cuboid tower is said to embody the Mercedes-Benz brand aesthetic. “We are transferring our significant automotive design expertise into architecture and with that make a strong and different timeless statement,” said Gorden Wagener, Chief Design Officer, Mercedes-Benz Group AG. Sales are reportedly strong. Following the initial sales release of Tower 1 in early 2024, 100[...]