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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[...]

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CLIENT NEWS: Major Food Group to Unveil New Steakhouse, Dirty French, in the Heart of Miami’s Brickell Neighborhood

May 3, 2022

Major Food Group (MFG), the globally acclaimed hospitality brand that has taken Miami’s restaurant scene by storm, will soon unveil its first-ever project in Brickell, Dirty French Steakhouse, a glamorous, energetic, and extraordinary interpretation of the classic steakhouse. Located at 1200 Brickell Avenue, the restaurant welcomes guests beginning April 29th and is poised to become one of the most celebrated and sought-after steakhouses in America. This new steakhouse from MFG Co-Founders Jeff Zalaznick, Mario Carbone, and Rich Torrisi breathes new life into the storied genre while[...]

CLIENT NEWS: Dezer sells North Miami Beach properties to Ari Pearl and partners for $31M

May 3, 2022

Dezer Development sold an assemblage in North Miami Beach for $31.1 million to a partnership led by Ari Pearl. Dezer sold properties anchored by Nova Southeastern University’s former North Miami Beach campus at 1750 Northeast 167th Street to Pearl, Matt Press of EquiShares and Isaac Khabie of ARK Ventures, according to sources. The buyers plan to build an apartment project on the 8.3-acre assemblage, as multifamily developers continue to bet on South Florida’s rising rents and demand for new apartments.[...]

CLIENT NEWS: Moishe Mana spent $500 million on Miami’s Flagler Street. Can he make his vision reality?

April 25, 2022

On a warm weekday afternoon, billionaire immigrant entrepreneur Moishe Mana, who took control of much of downtown Miami’s tattered Flagler Street district in an eight-year $500 million buying spree, arrives to tour the first of his 70 properties to go into construction — the grandly named Nikola Tesla Innovation Hub — in soft Louis Vuitton loafers, no socks. Mana, who is meeting a reporter and photographer, comes trailing his in-house communications director, a public relations consultant and his own videographer[...]

CLIENT NEWS: Major Food Group, developer detail plan for Miami skyscraper

April 25, 2022

JDS Development Group and Major Food Group have filed detailed plans for a Miami condo that could become the tallest building in Florida. It was first announced in December that The Major would rise 1,049 feet with 259 condos and an assortment of restaurants at 888 Brickell Ave. Recently, 888 Brickell Owner LLC, owned by JDS Development's Michael Stern, filed both zoning and pre-application documents with Miami-Dade County officials that reveal more details on the 82-story project. In addition to the 259 condos,[...]

CLIENT NEWS: Clara Homes wins approval for 28-unit first phase of luxury rentals in Bay Harbor Islands

April 21, 2022

Miami-based Clara Homes won approval for the 28-unit first phase of a luxury apartment project planned in Bay Harbor Islands. Construction of the six-story, 28-unit Clara Bay Harbor building will start by August, Clara Homes founder James Curnin told The Real Deal. It will be the first of three planned buildings with a total of 150 apartments. The first phase is expected to open in the summer of 2023 on a development site at 10281 West Bay Harbor Drive, within[...]