The eighth creditor suit against MG Developer surfaced the sale price for the North Bay Village site, as Alirio Torrealba's firm exits its own condo project.
DEVELOPER / 4 STORIES
MG Developer (Alirio Torrealba)
Every story on The American Developer that names MG Developer (Alirio Torrealba), 4 and counting.
Distress & Opportunity / South Florida
09.17.26 · 2 min read
Distress & Opportunity / South Florida
A dated recap of every creditor lawsuit filed against Alirio Torrealba's Coral Gables firm since mid-August, with the running total claimed.
09.16.26 · 2 min read
Distress & Opportunity / South Florida
VFI Capital, tied to the Galleria Farms family, says Alirio Torrealba personally guaranteed loans on MG NBV in North Bay Village and a Coral Gables townhome project.
08.26.26 · 2 min read
Distress & Opportunity / South Florida
MFD International and Yosse LLC say MG defaulted on a $2.2M preferred-equity stake and loans tied to a Coral Gables project and a Miami airport hotel.
08.22.26 · 1 min read