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[...]
Read MoreMiami considers retail project near Design District A two-story retail building has been proposed in Miami’s Upper Eastside neighborhood near the Design District. MacArthur Properties III’s rezoning proposal will go before the Miami Planning, Zoning and Appeals Board on Sept. 2. It concerns a 0.8-acre site at 3701 and 3737 Biscayne Blvd. and 306 and 316 N.E. 38th Street. It’s just off the Interstate 195 exit ramp that spills onto Biscayne Boulevard. The Miami Design District, a luxury retail and[...]
Read MoreTHE BEST LAWYERS IN AMERICA© 2016 ONCE AGAIN NAMES JEFFREY BERCOW AND MICHAEL LARKIN Attorneys Recognized in Land Use & Zoning Law, Real Estate Law and Environmental Law MIAMI (August 17, 2015) – Bercow Radell & Fernandez announced today that shareholders Jeffrey Bercow and Michael Larkin have been selected for inclusion in the 22nd edition of The Best Lawyers in America© for 2016. Bercow was named once again in the practice areas of Land Use & Zoning Law, Real Estate Law, and Environmental Law, and Larkin in Land Use &[...]
Read MoreFirm Client Moves Forward with Rental Property 633 Rental Units Near Miami River Advance A large development that would include hundreds of multi-family apartments promises to breathe new life into a neighborhood near the convergence of the Miami River and Seybold Canal. River Central is a planned mixed-use residential development to include 633 rental apartments in two eight-story buildings connected by a centralized parking garage, with two 1,500-square-foot commercial spaces, at 650 NW Eighth St. The city’s Urban Development Review[...]
Read MoreFirm Prepared Opinion Letter for Construction Loan PMG, S2 close on $134M construction loan for Muse tower Developers are set to break ground on 47-story condo tower next week Joint venture partners Property Markets Group and S2 Development have closed on a $133.7 million construction loan for the Muse Residences in Sunny Isles Beach, developers announced on Thursday. Canyon Partners Real Estate, a Los Angeles-based real estate investment management firm and advisor, was the lender. “Canyon has been an active[...]
Read MoreFirm Client to Renovate Park and Add River Walk Miami River Jose Marti Park Could Get Big Revamp & Big Art On Monday, the Miami River Commission reviewed plans submitted by the Chetrit Group to redo Jose Marti Park with plans by landscape architect Raymond Jungles, connecting it by river walk to their neighboring project and adding a massive hanging sculpture to the highway above. This is basically how they plan to spend the required $21 million in public benefits, according to The Next Miami. The sculpture,[...]
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