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CLIENT NEWS: MG Developer plans hundreds of apartments on hotel site

February 19, 2026

MG Developer could build apartments next to its Regency Miami Airport by Sonesta hotel in Miami. The city’s Urban Development Review Board [approved] plans for the 3.79-acre property at 1000 N.W. 42nd Ave. on Feb. 18. It currently has a 176-room hotel that was built in 1982. MG Regency Airport LLC, an affiliate of Coral Gables-based MG Developer, led by Alirio Torrealba, acquired the hotel for $36 million in 2024. The company is primarily a multifamily developer. Under the plans[...]

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CLIENT NEWS: Piling Complete, Excavation To Begin At Miami’s Westernmost 600-Foot Tower

April 7, 2022

The general contractor for the 54-story Miami River tower in Brickell says that piling work is now nearly complete. Contractor G.T. McDonald has confirmed that excavation at the site is set to begin this month. A tower that will rise 640 feet is now under construction. Later, multiple other towers are planned to rise at the site. The first phase is being funded by a $310 million construction loan from Madison Realty Capital. A total of 632 apartments, retail space, and a[...]

CLIENT NEWS: Developer Proposes Mixed-Use Parking Garage In South Beach

March 31, 2022

A developer has submitted an unsolicited proposal to replace a municipal parking lot in South Beach with a mixed-use structure. Location Ventures, LLC is proposing to build a project at 1262 Collins Avenue with the following: 169 parking spaces 8,167 square feet of ground floor retail 8,524 square feet of Class A office space The maximum height of the new garage will be 75 feet. Borges is the architect. Currently, there is a 60-space parking lot on the site bringing[...]

Dan Espino Presented with South Florida Hispanic Chamber of Commerce South Florida Legal Award

March 30, 2022

Bercow Radell Fernandez Larkin & Tapanes is honored to announce that partner Dan Espino was awarded with the South Florida Hispanic Chamber of Commerce (SFHCC) South Florida Legal Award. Founded over 25 years ago, the SFLHCC is an organization that aims to provide opportunities in commerce to the Hispanic population by promoting business leadership, creating economic prospects and providing legislative advocacy for the Hispanic business community in South Florida. The SFLHCC is an association with more than 1,200 members throughout[...]

CLIENT NEWS: Naftali buys Miami Worldcenter development site for $41M

March 29, 2022

A New York-based developer is diving into the Miami Worldcenter building boom with plans for two residential towers on a site the seller had proposed for a multifamily, retail and co-working mixed-use project. In a $40.5 million deal, Naftali Group, led by Chairman and CEO Miki Naftali, and its partner, Cara Real Estate Management, acquired the 44,500-square-foot property at 1016 Northeast Second Avenue, according to a press release. The seller is Chicago-based Akara Partners. Mika Mattingly with Colliers represented the[...]

CLIENT NEWS: Miami Beach leaders want office-housing towers off Lincoln Road. Will locals approve?

March 28, 2022

If Miami Beach residents approve, two development projects would convert three parking lots off Lincoln Road into apartments, plus office and retail space. The city-approved plans are part of a larger effort to diversify the community’s economy amid South Florida’s migration of professionals working largely for tech and financial services companies. Miami Beach voters will decide in either August or November whether the city should enter into public-private partnerships with two development teams, said Miami Beach Commissioner Ricky Arriola, sponsor[...]