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 NEWS: Bercow Radell Fernandez Larkin & Tapanes Welcomes Daniel S. Goldberg as Of Counsel

October 23, 2024

Bercow Radell Fernandez Larkin & Tapanes is pleased to announce that Daniel S. Goldberg has joined the firm as Of Counsel, enhancing its expertise in zoning, land use, and environmental law. With extensive experience in municipal law and a dedication to enhancing community development, Dan is well-equipped to provide valuable insights and support to the firm’s diverse clientele. Dan’s commitment to his work is driven by the understanding that the environments we inhabit are shaped by the interplay between the[...]

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CLIENT NEWS: Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district

October 17, 2024

Developer Ricardo Dunin and Peruvian firm Edifica propose a 43-story hotel in Brickell, marking the companies’ continued investment in Miami’s financial district. North Development, a joint venture between Dunin’s Miami-based Oak Capital and Edifica, are under contract for an undisclosed price for the 0.6-acre development site at 132, 142 and 152 Southwest Ninth Street, according to a pre-application the developers filed to Miami-Dade County last month. The project, called House of Wellness, would consist of 832 keys and 339 parking[...]

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CLIENT NEWS: MG Developer, partner buy waterfront condo site for $31M

October 17, 2024

MG Developer partnered with Prosper Group to buy a waterfront condo development site in North Bay Village for $30.9 million. The Miami-based developers purchased 42,750 square feet of land at 1681 and 1725 Kennedy Causeway/79th Street from Miami Beach-based 1681 North Bay Village LLC, managed by Tharani Haresh and John Meriwether, and Oak Park, Illinois-based 1725 Kennedy Causeway Owner LLC, respectively. The former property has an 18,758-square-foot office building that was constructed in 1961. The property with the office building[...]

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CLIENT NEWS: Mapping the five proposed Live Local Act projects in Miami’s Wynwood

October 16, 2024

On the corner of Northwest Sixth Avenue and Northwest 26th Street in Miami’s Wynwood, a developer wants to replace the one-story Austin Burke menswear store with an apartment tower of up to 20 stories. The project would jut out above the surrounding one-story and two-story warehouses retrofitted into businesses, as well as above a 10-story building to the east. Developer Clara Homes’ building is one of five proposed Live Local Act projects that promise to bring hundreds of high-rise units[...]

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Domus Brickell Park Begins Vertical Ascent at 1611 SW 2nd Avenue in Miami’s Brickell Financial District

October 8, 2024

Following several months of foundation work, Domus Brickell Park, a short-term-rental-friendly condominium tower at 1611 Southwest 2nd Avenue, is beginning its vertical ascent in the heart of the Brickell Financial District. The 12-story, 171-unit development from North Development is set to redefine the traditional condo-hotel market, with progress moving swiftly since its groundbreaking earlier this year. The project remains on track for a Q1 2026 completion. Thornton Construction serves as the general contractor. Key milestones have been achieved, with the[...]

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