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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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Coming to Miami Beach: Trader Joe’s

February 7, 2017

Trader Joe’s Coming to South Beach According to The Real Deal, the announcement was made today at a Miami Beach Design Review Board meeting by attorney Mickey Marrero of Bercow Radell Fernandez & Larkin. The grocer, which specializes in non-GMO goods and affordable products, will be part of a new project on the corner of 17 St. and West Ave. known as 17 West. A spokesperson for Trader Joe’s confirmed the store will open the second half of 2018 and will occupy approximately 11,500[...]

Firm Works With Design Institute

January 26, 2017

Marangoni fashion school inks $13.5M lease at Design District building Lease signed in the $60 psf, triple net range for seven-story, 22,000 sf building A Milan-based fashion school with locations in Florence, Paris, London and Shanghai will soon open its first school in the United States in Miami’s Design District, The Real Deal has learned. Istituto Marangoni signed a $13.5 million, 10-year lease for the Design District’s tallest building at 3701 Northeast Second Avenue. Developer Alex Karakhanian of LNDMRK Development completed the building in December, and[...]

Three Bercow Attorneys Get Nod

January 24, 2017

2017 SOUTH FLORIDA LEGAL GUIDE RECOGNIZES THREE BERCOW RADELL FERNANDEZ & LARKIN ATTORNEYS MIAMI) Jan. 24, 2017 – The 2017 South Florida Legal Guide recognized three Bercow Radell Fernandez & Larkin attorneys – shareholders Jeffrey Bercow, Michael Radell and partner Mickey Marrero – as “Top Lawyers” in its 17th annual edition. Recognized as an invaluable source of information for both the business and legal communities, the Guide includes listings of Top Lawyers, Top Law Firms and Top CPAs, along with professional profiles and expertise columns written by attorneys,[...]

Jeffrey Bercow Speaks on Real Estate Panel

January 17, 2017

Miami-Dade’s industrial market is going through its own slowdown Speaking before an audience of real estate professionals on Friday, Todd Watson, senior vice president for real estate investment firm DCT Industrial Trust, said industrial warehouse owners are feeling pressure to sell rather than hold onto properties because the margins from rental income doesn’t justify the cap rates. “It makes it tough for guys like me to put capital out there when the rental rates are not coming in,” Watson said.[...]

Miami Beach Board Gives Approval

December 15, 2016

Comras’ mixed-use retail project for 5th Street in South Beach moves forward Commercial real estate developer and broker Michael Comras hopes to transform development on Fifth Street, the gateway to Miami Beach. Comras is planning a new retail complex on Fifth Street, which city officials describe as “one of the most heavily traveled commercial corridors on the Beach,” but which has little pedestrian foot traffic compared with nearby Alton Road or Washington Avenue. Just over a year ago, Comras closed on a $370[...]