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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 Obtains Approvals for Nike

May 1, 2015

Bercow Radell Fernandez Obtains Approvals for Nike Miami Beach Nike Goes Retro Deco Proposed Miami Beach flagship store gets thumbs up from Historic Preservation Board It’s not every day that the Miami Beach Historic Preservation Board endorses the demolition of a building on the city’s pedestrian-only retail juggernaut, Lincoln Road, but Nike is not your average retailer. Nike’s plans to demolish a large one-story domed building that straddles the corner of Lenox and Lincoln Road — that has largely been derided as[...]

Firm Represents Hotel Developer

April 7, 2015

Hotel, two residential projects proposed in Miami-Dade County First, a hotel is in the works on the outskirts of ZooMiami, in an area that could also have a theme park. Nava Land filed an application with the county to build a 124-unit Value Place Hotel at the southeast corner of Southwest 160th Street and Southwest 117th Avenue. The four-story building would total 147,276 square feet and have 136 parking spaces. It’s on the edge of U.S. Coast Guard-owned land. The Miami Wilds[...]

Firm Represents Two Star Island Properties

March 11, 2015

Bercow Radell & Fernandez Representing Two High Profile Star Island Properties The request to demolish a 1935 mansion on Star Island has been put on hold after the owner met with historians and agreed to explore alternatives. The application to demolish 44 Star Island was not discussed at Tuesday’s Design Review Board meeting in Miami Beach because the owner asked for more time to weigh alternatives. Michael Larkin, an attorney representing owner Shay Kostiner, on Tuesday told the Miami Herald that Kostiner[...]

Firm Client Receives Design Review Board Approval

March 5, 2015

Bercow Radell & Fernandez Congratulates Client, Developer Pedro Martin Developer Pedro Martin has received the blessing of the Miami Beach Design Review Board to build a 200-foot tall high-rise that will include plenty of trees outside, and inside, the building. The 20-story, 64-unit condominium will replace the 10-story Howard Johnson Dezerland Hotel at 8701 Collins Avenue in Miami Beach. Designed by famed architect Morris Lapidus and built in 1951, the Dezerland was originally known as Biltmore Terrace. In December 2013,[...]

Firm Provided Zoning Opinion Letters for Two Major Projects

March 4, 2015

Bercow Radell & Fernandez Provided the Zoning Opinion Letters for Two Significant New Projects Financed by Canyon Capital: $157 million senior construction loan for a joint-venture between the Related Group of Florida and SBE Hotel Group to finance the development of a 54-story, luxury mixed-use tower located in the Brickell area of Miami. The project consists of 453 SLS-branded residential condominiums and a 124-key SLS-branded hotel with two ground-floor restaurants featuring concepts by renowned chefs Jose Andres and Michael Schwartz. [...]