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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: New Miami Live Local Act projects have over 1,400 apartments

November 20, 2024

Two developers are seeking approval for apartment projects in Miami’s Wynwood Arts District through the state’s Live Local Act. The law allows the developers to bypass Wynwood’s normal height and density limits in exchange for including income-restricted workforce housing in the projects. The normal height limit in Wynwood is 12 stories, and both of these projects would greatly exceed that. Both projects will go before the city’s Wynwood Design Review Committee to consider their artistic elements, design and several waivers[...]

CLIENT NEWS: A new ‘sanctuary for healing’ in South Miami-Dade

November 18, 2024

A new facility in the heart of downtown Homestead is hoping to better connect South Dade residents with child abuse, domestic violence, and sexual assault resources. Two Miami-Dade nonprofit organizations are partnering to open what’s been dubbed the “Healing Sanctuary” and expand resources into an underserved part of Florida's biggest county. Kristi House, a children’s advocacy center coordinating legal, medical and social services for child victims, and M.U.J.E.R, or Mujeres Unidas en Justicia, Educación, y Reforma, a one-stop responsive agency[...]

CLIENT NEW: Developer Files Plans to Build 22-Story Live Local Wynwood Tower

November 14, 2024

Plans have been newly filed for a 22-story mixed-use tower in Wynwood, on the Austin Burke site. Clara Homes is proposing to develop the tower under Florida’s Live Local act. Clara Wynwood is planned to include: 147 residential units 2,005 square feet of commercial 130 on-site parking spaces, on levels 1-4 At least 40% of the proposed residential units will be restricted at a maximum of 120% of area median income for a minimum of 30 years. A 30% parking[...]

CLIENT NEWS: Ultimate Equity Files Plans For Live Local Wynwood Towers With 1,300-Units

November 14, 2024

Plans have been submitted for a pair of 36-story towers called Ultimate Wynwood. Ultimate Wynwood is planned to rise 395 feet and include: 1,300 residential units 21,601 square feet of commercial 1,099 on-site parking spaces, with 2 basement levels and additional parking on levels 2-5 The development is proposed under Florida’s Live Local Act, which requires at least 40% of units to be income restricted. A total of 524 micro-units, ranging from 300 to 375 square feet are marked as[...]

CLIENT NEWS: Immigrant workers who are building South Florida fight for better pay, work conditions

November 7, 2024

For the past two decades Javier Torres has steadied himself on the high scaffolding of countless buildings to apply the paint jobs that protect them from South Florida’s harsh sun and soaking rains. The Colombian man, 64, is proud of his profession. It’s how he’s put his youngest son through college. But the work has also come at great cost. Surrounded by colleagues wearing hard hats at a recent evening in front of Miami-Dade County Hall, Torres spoke of the[...]