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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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Bercow Radell Fernandez Larkin & Tapanes PLLC Ranked by Best Law Firms® in 2025

November 7, 2024

Bercow Radell Fernandez Larkin & Tapanes PLLC is proud to announce we have once again been recognized in the 2025 edition of Best Law Firms®, ranked by Best Lawyers®. The firm has successfully ranked in the top tier in Miami for Land Use & Zoning Law and for Real Estate Law, as well as in the second tier nationally in Land Use & Zoning law. For the second year in a row, the firm has also been ranked in Miami[...]

CLIENT NEWS: Kristi House And M.U.J.E.R. Secure Historic Property In Homestead To Establish Permanent Service Center For Women, Children, And Families

November 4, 2024

Kristi House, Miami-Dade County’s only nationally accredited Children’s Advocacy Center, and MUJER, a one-stop domestic violence and sexual assault center, have closed on the purchase of a historic landmark property in downtown Homestead for $5.1 million. The facility, located at 240 & 250 N. Krome Avenue, will be co-owned and operated by both organizations, serving as a permanent, shared service center dedicated to trauma-informed care and support for underserved communities in deep South Dade. The 31,514-square-foot property consists of two[...]

The $2.5 Billion Plan to Transform Six Historic Blocks in South Beach

November 4, 2024

When it’s complete in 2027, Miami’s “Billionaires’ Beach” will be a sandier, sunnier version of Manhattan’s 57th Street or London’s Bishops Avenue. The bold name was coined by Michael Shvo, one of several developers collectively pumping more than $2.5 billion into a handful of blocks along Collins Avenue, the arterial that runs parallel to the city’s ruler-straight coastline. Many of the world’s best hotel brands are now preparing to fly their five-star flags over South Beach for the first time,[...]

CLIENT NEWS: Michael Stern’s JDS plans luxury condo next to Monad Terrace in Miami Beach

October 28, 2024

Michael Stern’s JDS Development Group plans to develop a luxury condo tower next to its Monad Terrace project, The Real Deal has learned. An affiliate of JDS plans a buyout of the 238-unit Bay Garden Manor condo building at 1250 West Avenue, according to a source. The firm has started closing on units, and so far six sales have been recorded since June, ranging from $215,000 to $310,000 per unit, property records show. The 15-story Bay Garden Manor was built[...]

CLIENT NEWS: Target, Burlington open in Miami’s Sawyer’s Walk, other big retailers to follow

October 24, 2024

Four retail chains and an international grocery store are set to move into a 1.5 million-square-foot project in Miami's Overtown area near the MiamiCentral Brightline complex. Target (NYSE: TGT), a Minneapolis-based retail corporation, just opened a 50,000-square-foot store in Block 55 at Sawyer's Walk, a 3.4-acre mixed-use project located at 249 N.W. 6th St., less than 1,100 feet away from Brightline's MiamiCentral station. And yesterday, New Jersey-based department store Burlington (NYSE: BURL) opened a 38,000-square-foot store at Sawyer's Walk, said[...]