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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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Firm’s Miami River Client Gets Approval

May 27, 2015

Four 60-story riverfront towers move ahead A large project planned for riverfront property adjacent to I-95 would bring more than 1,600 residential units to Miami. These new residences would make up the bulk of four 60-story towers, the heart of a mixed-use development named after the body of water it embraces: Miami River. Along with its size – it is to be built in five phases – this project stands out because the City of Miami is a partner. As[...]

Firm Helps Client Expand

May 26, 2015

Bercow Radell & Fernandez Wins Approval for Santa Barbara Hotel The owner of the Santa Barbara Hotel at 230 20th Street wants to significantly expand its property. Built on the 10,625-square-foot site in 1947, the hotel currently has 15 rooms in 11,266 square feet. Santa Barbara 230 LLC, a Fort Lauderdale company managed by James D. Vosotas, wants to grow it to 49 rooms in 21,250 square feet, plus a 56-seat restaurant and private rooftop terraces. The plan calls for the[...]

Board Approves Demolition

May 19, 2015

Bercow Radell & Fernandez Obtains Approval for Client JMH Development gets the go-ahead for Indian Creek project New York-based developer Jason Halpern’s JMH Development has been given the go-ahead to carry out a rare demolition in South Beach, in a bid to build a 35,000-square-foot condo building at 2901 Indian Creek Drive. Halpern paid $5.65 million for the parcel late last year. Approval came from the Miami Beach Historic Preservation Board, which is allowing Halpern to demolish a 1938 structure while retaining[...]

New Mixed-Use Hialeah Project

May 5, 2015

Melissa Tapanes Llahues Quoted in South Florida Business Journal Article Major mixed-use community proposed around Hialeah Tri-Rail station Rendering by Zyscovich Architects A large community of homes mixed with commercial uses could sprout up around a Tri-Rail station in Hialeah as part of a rezoning proposed by the city. The Hialeah Market Station at 1200 Southeast 11th Ave. is one stop north of the Miami Airport Station, which links with Metrorail into the urban core of Miami. The Tri-Rail extends north[...]

Firm Client Opens New Lincoln Road Store

May 1, 2015

Bercow Radell Fernandez Congratulates Its Client on Opening of New Lincoln Road Store MIAMI BEACH, Fla. (WSVN) — Watch out, South Beach! The new Apple Store on Lincoln Road is officially open for business. Excited Apple fans cheered out loud when the doors finally opened to the new store, located just blocks away from its old location. The line to enter the store Saturday morning stretched down Lincoln Road. Customers who came out all agreed they liked this one better.[...]