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 · 3 min read
SAGA 01 / UPDATING / 3 filings coveredS
MG Developer: The Creditor Lawsuits
MG Developer and Alirio Torrealba have been sued repeatedly by their own creditors across Coral Gables and North Bay Village. Every filing, in order, updated as each one lands.
MG Developer, the Coral Gables firm led by Alirio Torrealba, has been sued repeatedly by the contractors, suppliers and lenders who worked on its projects. Each suit is a matter of public record, and together they describe a pattern that no single filing shows on its own.
This page is the running record: every complaint, the amount claimed, the project it attaches to, and the date it was filed. We add to it as new filings appear rather than writing the same story twice.
We report what the filings say and attribute every claim to the document. A complaint is an allegation, not a finding.
The record, in order
Latest first
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
Every filing, every week, in your inbox
The distress filings, permits and deals we pull from the public record, before they reach the news.
Frequently asked
- How many lawsuits have been filed?
- The count is updated on this page as each new complaint is filed. Every entry links to the filing it is drawn from.
- Does a lawsuit mean the developer did something wrong?
- No. A complaint is an allegation. We report what the filings claim and attribute every figure to the document; nothing here is a finding of liability.