In The News

Get updates from our press releases, latest newsletters, and recent work.

INDUSTRY NEWS: Builders Association of South Florida Celebrates Industry Leadership at 2025 Holiday & Awards Celebration

December 11, 2025

December 11, 2025 — The Builders Association of South Florida (BASF) hosted its annual Holiday and Awards Celebration this evening, bringing together industry leaders, elected officials, public-sector partners, and BASF members to honor another exceptional year of collaboration, advocacy, and community impact. The event was led by Master of Ceremonies Jose Felix Diaz, who opened the celebration by recognizing BASF’s commitment to its core mission: ensuring a streamlined permit process, advancing legislative advocacy, and strengthening partnerships across municipal, county, state,[...]

Ready to take that next step?

Previous News

CLIENT NEWS: Lionstone, Flag Luxury and Ben-Josef land $61M loan for Ritz-Carlton South Beach

September 23, 2025

Lionstone Group, Flag Luxury Group and Ben-Josef Group scored a $61.2 million predevelopment loan for their planned Ritz-Carlton Residences, South Beach project, The Real Deal has learned. BHI, the U.S. branch of Israel’s Bank Hapoalim, is providing the financing, according to a press release. The developers received approval for the project at 1671 Collins Avenue in 2023. The plans include the construction of a new 15-story, 30-unit condominium and the redevelopment of the 101-key Sagamore Hotel into a 55-room Ritz-branded[...]

CLIENT NEWS: Ultra-exclusive country club in Miami Beach plans new clubhouse

September 10, 2025

The La Gorce Country Club has submitted an application to the Miami Beach Design Review Board to construct a new 74,000-square-foot clubhouse at its property at 5685 Alton Road. The proposal, which would replace an existing 45,000-square-foot clubhouse, is scheduled to be heard by the board on Sept. 11. According to a letter of intent filed on behalf of the club by attorney Michael Larkin of the Miami-based law firm Bercow Radell Fernandez Larkin & Tapanes, the La Gorce requests[...]

CLIENT NEWS: Developer seeks rezoning to build hotel on Calle Ocho

September 8, 2025

The owner of a property in Miami’s Little Havana wants to rezone the site to build a hotel on popular Calle Ocho. The city’s Planning, Zoning and Appeals Board voted 6-1 in favor of the rezoning on Sept. 3 and it will need City Council approval at a later date. The application was filed by 1630 Southwest 8 Street LLC, owned by Gediminas Bulota in Miami Beach, concerning the 15,763-square-foot site at 710 S.W. 16th Ave. It wants to rezone[...]

CLIENT NEWS: Developers buy out majority of older Miami Beach condo building

September 8, 2025

Miami-based Terra and New York-based JDS Development Group teamed with real estate investors Rafi Gibly and Gianluca Vacchi to buy out a majority of the condos in the Bay Garden Manor Condominium in Miami Beach. According to a source with knowledge of the deal, the price was about $120 million, including the purchase of a neighboring hostel as part of the development agreement with the city. Northwind Group announced that it financed the deal for 1250 West Ave. with a[...]

CLIENT NEWS: Alirio Torrealba revs up MG Developer’s South Florida pipeline

September 4, 2025

When Alirio Torrealba got started in the real estate business in South Florida, he had neither experience in development nor proficiency in English. He somehow still led the wave of new townhome and condo development in Coral Gables, before expanding into multifamily. Just a decade after its founding, his Coral Gables-based MG Developer is sitting on a project pipeline of more than $500 million, which stretches into Hialeah, Miami, Doral and North Bay Village.Torrealba has veered into a faster lane[...]