Artificial Intelligence
Builders Company
Developers/MG Developer
MD
MG DeveloperCoral Gables, United States · founded 2014 · 1 active markets
SUBSIDIARY

MG Developer builds luxury residences, townhomes, duplexes, lofts, flats, condominiums, and multifamily rental communities for buyers and renters in South Florida, concentrating on Coral Gables, Miami, and Hialeah while integrating architecture, public art, and community-focused design into projects.

Years in business
12
founded 2014
LinkedIn headcount
27
employees, as shown on LinkedIn · size band 11–50
Portfolio value
USD 1.5 BILLION+
as the company states it
Total projects
14 properties
across the company’s whole history
Units delivered
2,700+
as the company states it
Projects last researched October 14, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
MG DEVELOPER MIAMI, LLC1
Headquarters
400 UNIVERSITY DRIVE SUITE 3001, Coral Gables1, United States
Founded
20141
Entity type
SUBSIDIARY1
Business model
offplan for sale1, build to rent1
Markets
1 market listed
What they build
Residential, for sale (8 of 10) · Residential, for rent (1 of 10) · Retail (1 of 10)
Full dossier in About →

Delivery record

4 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+11.0 mo
the middle of 4 scored projects
Average delay
+9.3 mo
the same projects, pulled by the worst
Average time to deliver
2.3 yrs
start to completion, over 4 delivered projects
Worst slip
+13.5 mo
Metro Parc · +7.0 to +20.0
1
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed here · 258 developers, 969 date-assessed projects in United States
Median delay
MG Developer·258 developers in United States
+11.0 mo vs +4.5 mo
this developer 6.5 mo worse
The typical project on each side.
Average delay
MG Developer·258 developers in United States
+9.3 mo vs +7.4 mo
this developer 1.9 mo worse
Both pulled by their worst few.
On time
MG Developer·258 developers in United States
25% vs 56%
this developer 31 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
MG Developer·258 developers in United States
2.3 yrs vs 2.9 yrs
this developer 0.6 yrs faster
Start to completion, over 4 delivered here and 798 in the market.
Projects and timelines in Track Record →

Resident experience

4 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.6/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (1 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
8.5/ 10
Fabric, services, waterproofing, envelope · from 1 of 4 rated buildings
Management & living
7.9/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 278 developers, 1423 rated buildings in United States
Overall rating
MG Developer · 278 other developers in United States
8.6 vs 7.8
this developer 0.8 better
The weighted verdict on each side. From 4 of 4 rated buildings here and 1423 in the market.
Structure & systems
MG Developer · 278 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (1 of 4)
Fabric and engineering only — fixed at handover. From 1 of 4 rated buildings here and 606 in the market.
Management & living
MG Developer · 278 other developers in United States
7.9 vs 7.4
this developer 0.5 better
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 1368 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Filed September 22, 2026; reported September 28, 2026 On September 22, 2026, Slate Property Group and The Carlyle Group filed a foreclosure lawsuit against MG Developer over the Metro Parc South project, alleging a $31.1 million default on construction financing caused by construction liens, missed reserve deposits and unpaid 2025 property taxes; MG said it remained in good-faith negotiations and was seeking an additional investor.
  • FINANCIAL DISTRESS Suits filed from August 17, 2026; developments reported through October 6, 2026 From August through October 2026, lenders filed multiple lawsuits against MG affiliates alleging missed interest, unpaid matured loans and preferred-equity defaults across the Regency Miami Airport by Sonesta, North Bay Village, Coral Gables and Doral projects; MG said the matters involved separate transactions, cited liquidity disruptions and said it was working to resolve them.
  • LEGAL May and September 2026 In September 2026, Modis Architects sued seeking foreclosure of construction liens on six MG projects, including a $578,294 lien against the Metro Station II site; the same property also had a $63,575 engineering and design lien filed by Bliss & Nyitray in May 2026.
  • 1 more in Risk & Sources
Record status
active
Company sources
135 source entries across 131 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

4 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+11.0 mo
the middle of 4 scored projects
Average delay
+9.3 mo
the same projects, pulled by the worst
Average time to deliver
2.3 yrs
start to completion, over 4 delivered projects
Worst slip
+13.5 mo
Metro Parc · +7.0 to +20.0
1
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed here · 258 developers, 969 date-assessed projects in United States
Median delay
MG Developer·258 developers in United States
+11.0 mo vs +4.5 mo
this developer 6.5 mo worse
The typical project on each side.
Average delay
MG Developer·258 developers in United States
+9.3 mo vs +7.4 mo
this developer 1.9 mo worse
Both pulled by their worst few.
On time
MG Developer·258 developers in United States
25% vs 56%
this developer 31 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
MG Developer·258 developers in United States
2.3 yrs vs 2.9 yrs
this developer 0.6 yrs faster
Start to completion, over 4 delivered here and 798 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Hialeah, United States
Coral Gables, United States
Miami, United States
2015201620172018201920202021202220232024202520262027todayHIALEAH, UNITED STATES+13.5 moverifiedCORAL GABLES, UNITED STATES+1.5 moverified+26.5 moestimated+1.5 moestimatedcompleted, no target publishedcompleted, no target publishedcompleted, no target published+12 moverified+10 moverifiedMIAMI, UNITED STATEScompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 turned out to be about something else — a phase, a neighbour, the wider masterplan — and is marked off-subject.

Building & Livability Ratings

Resident experience

4 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
8.6/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (1 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
8.5/ 10
Fabric, services, waterproofing, envelope · from 1 of 4 rated buildings
Management & living
7.9/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 278 developers, 1423 rated buildings in United States
Overall rating
MG Developer · 278 other developers in United States
8.6 vs 7.8
this developer 0.8 better
The weighted verdict on each side. From 4 of 4 rated buildings here and 1423 in the market.
Structure & systems
MG Developer · 278 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (1 of 4)
Fabric and engineering only — fixed at handover. From 1 of 4 rated buildings here and 606 in the market.
Management & living
MG Developer · 278 other developers in United States
7.9 vs 7.4
this developer 0.5 better
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 1368 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

4 rated · 6 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Metro ParcHialeah559 units
9.5/ 10
8.5/ 10
ApartmentRatings 4.9/5, 4.9/5 · 32 reviews · apartmentratings.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.5.
8.2/ 10
ApartmentRatings 4.7/5, 4.8/5 · 32 reviews · apartmentratings.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2.

ApartmentRatings supplies the largest resident review base at 4.8/5 from 150 votes, converted to 9.4/10 using the requested market curve. Google’s 4.7/5 result is directionally consistent, and the written themes support a high living score while recurring parking and construction-noise complaints keep the final overall score below 10. Structural evidence is limited to positive maintenance/new-build feedback, so the structure score reflects that evidence rather than an engineering assessment.

+ Responsive maintenance+ New build+ Well-maintained apartments+ Electrical issues reportedly resolved quickly+ In-unit washer/dryer
− Construction-related noise− One report of untidy hallway rug
+ Responsive management+ Helpful staff+ Clean common areas+ Strong gym and pool+ Safe controlled-access environment
− Limited guest parking− Construction noise− Premium pricing− One screening/refund complaint

Residents describe the property as a “new build,” with one review saying maintenance arrives “in less than 24 hours” and another calling the maintenance team “quick to respond.” A separate reviewer reported that the outside environment was “really loud due to near construction,” while another found a hallway rug dirty; no serious structural failure, flooding, HVAC or plumbing failure was reported in the material read.

Daily-life feedback is strongly favorable: residents call the building “clean and quiet,” say staff are “always very helpful and friendly,” and report maintenance service in under 24 hours. The main operational drawbacks are limited guest parking and construction noise; one applicant also alleged unclear screening communication and a 60–90-day refund wait.

Biltmore ParcBiltmore Square, Coral Gables32 units
9.3/ 10
—/ 10
9.3/ 10

The Google Reviews/Maps aggregate for the building is 4.7/5 from 17 reviews, which sets the level and converts to 9.1/10 under the specified curve. The visible excerpts are uniformly positive and include repeated praise for the setting, security, location and the condominium, supporting a modest upward commentary adjustment; no structural evidence was published in the reviewed material, so structure remains unscored.

+ Peaceful neighborhood+ Security praised+ Good location+ Positive condominium experience

no notes returned

no links returned

The visible review excerpts are favorable about day-to-day setting: one describes “Paz, tranquilidad, seguridad, relax” (peace, tranquility, security and relaxation), while another says it is a “Very nice condominium building in Coral Gables.” A separate review praises “La ubicación en Coral Gables” (the location in Coral Gables); the material reviewed contains no resident complaints about management, staff, amenities or upkeep.

Beatrice RowBiltmore Square, Coral Gables9 units
7.7/ 10
—/ 10
7.5/ 10

The only building-specific aggregate located is a 5/5 Google rating based on two reviews, but it is below the ten-review anchor threshold. Applying the required small-sample guardrail keeps the overall and living assessment within one point of 6.5; no separate structure score is assigned because no structural rating was published.

+ Quality construction reported+ Preserved or transplanted mature trees+ Brick-and-stucco construction+ Pedestrian-oriented layout
+ Walkable to downtown amenities+ Nearby park activated with public art+ Pedestrian-oriented setting+ Mature tree-lined parkway

The published project review describes Beatrice Row as completed in 2019 and states that, “Through the quality of the construction,” the surrounding streets and parks were enhanced. It identifies a brick base, stuccoed two-story mass, pre-cast cornice and parapet, while reporting no infrastructure failures, leaks, lift problems or other physical complaints.

The published project account says the nine townhouses are within walking distance of downtown assets and amenities and that the nearby park became “an incredible place” through public art and a masonry bench. The only accessible aggregate review evidence is a 5/5 Google listing based on 2 reviews; no individual operational comments about management, staff, security or upkeep were available to quote.

The Village at Coral GablesCoral Gables48 units
7.7/ 10
—/ 10
6.5/ 10

Google Reviews/Maps is the only building-specific published rating located: 5/5 from two reviews. Because the review base is below ten, the score is kept within one point of 6.5; no structural score is assigned because no published physical-condition evidence was found.

+ Positive overall rating

no notes returned

no links returned

The building-specific listing published a 5.0/5 rating from two reviews, but the accessible material did not provide written operational comments about management, staff, security, upkeep, or amenities. A separate Google-linked listing associated with the project's sales address included the comment “Such a beautiful development!”, but it was not treated as a building review or as a recurring theme.

Only buildings that have reached handover are rated. 6 of 10 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
MG DEVELOPER MIAMI, LLC
Headquarters
400 UNIVERSITY DRIVE SUITE 300, Coral Gables, United States
33134
Founded
2014
Entity type
SUBSIDIARY
Revenue
not published
Business model
offplan for sale, build to rent

Partners

8 partners
Baron Property Group
joint venture

MG Developer and Baron Property Group co-developed Metro Parc; they remained partners in the 559-unit project after MG divested from two other projects.

SERHANT. New Development
partner

SERHANT. New Development was appointed the exclusive brokerage overseeing sales and marketing for The George.

Churchill Real Estate
funder

Churchill Real Estate provided a $67.5 million construction loan for The Village at Coral Gables.

One Sotheby’s International Realty
partner

One Sotheby’s was identified as the exclusive broker for The Village at Coral Gables.

Collier’s
funder

MG Developer worked with Collier’s to secure development capital.

VYV
funder

VYV was named among entities with which MG Developer worked as it attracted development capital.

Leste Group
funder

Leste Group was named among entities with which MG Developer worked as it attracted development capital.

Coral Gables Community Foundation
government partner

MG Foundation was established in collaboration with the Coral Gables Community Foundation to support local initiatives.

Sources: name

PRESS2025-09-02

Alirio Torrealba Steers MG Developer’s Growth

The Real Deal
Baron Property Group and MG Developer opened Metro Parc, a 10-story apartment building with 559 units in Hialeah
value seen: Baron Property Group
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: summary

PRESS2025-09-02

Alirio Torrealba Steers MG Developer’s Growth

The Real Deal
Earlier this year, Baron’s New York-based firm, Baron Property Group and MG Developer opened Metro Parc, a 10-story apartment building with 559 units in Hialeah
value seen: Metro Parc
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: name

PRESS2024-09-23

MG Developer Partners With SERHANT. New Development As The Exclusive Broker For 'The George'

EIN Presswire
MG Developer and SERHANT. New Development, have joined forces to bring The George to life.
value seen: SERHANT. New Development
https://www.einpresswire.com/article/745921905/mg-developer-partners-with-serhant-new-development-as-the-exclusive-broker-for-the-george

Sources: summary

PRESS2024-09-23

MG Developer Partners With SERHANT. New Development As The Exclusive Broker For 'The George'

EIN Presswire
SERHANT. New Development, will serve as the exclusive brokerage, overseeing the sales and marketing
value seen: exclusive brokerage
value paraphrased from this source
https://www.einpresswire.com/article/745921905/mg-developer-partners-with-serhant-new-development-as-the-exclusive-broker-for-the-george

Sources: name

PRESS2023-07-09

PROFILEmiami & MG Developer Present: An Exploration Into Capital Markets Coral Gables

PROFILEmiami
MG Developer, led by Alirio Torrealba, announced on July 5, 2023 that it has secured a $67.5 million construction loan from Churchill Real Estate
value seen: Churchill Real Estate
https://profilemiami.com/miamirealestate/2022/7/9/profilemiami-mg-developer-present-an-exploration-into-capital-markets-coral-gables
PRESS2023-01-12

MG DEVELOPER NAMES CATIE NARANJO AS CHIEF DEVELOPMENT OFFICER

Multifamily Press
While most of those prefer confidentiality, the team has worked with entities such as Collier’s to secure development capital, as well as VYV, Leste Group, and Baron Property Group in New York.
value seen: Collier’s
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-names-catie-naranjo-as-chief-development-officer

Sources: name

PRESS2023-01-12

MG DEVELOPER NAMES CATIE NARANJO AS CHIEF DEVELOPMENT OFFICER

Multifamily Press
While most of those prefer confidentiality, the team has worked with entities such as Collier’s to secure development capital, as well as VYV, Leste Group, and Baron Property Group in New York.
value seen: VYV
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-names-catie-naranjo-as-chief-development-officer
PRESS2022-08-16

MG Developer Celebrates Grand Opening Of Gables Village Showroom in Coral Gables

PROFILEmiami
The ribbon cutting ceremony was attended by ... ONE Sotheby’s, the exclusive broker, for Gables Village.
value seen: One Sotheby’s International Realty
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://profilemiami.com/miamirealestate/2022/8/16/mg-developer-celebrates-grand-opening-of-gables-village-showroom-in-coral-gables

Sources: name

PRESS2023-01-12

MG DEVELOPER NAMES CATIE NARANJO AS CHIEF DEVELOPMENT OFFICER

Multifamily Press
While most of those prefer confidentiality, the team has worked with entities such as Collier’s to secure development capital, as well as VYV, Leste Group, and Baron Property Group in New York.
value seen: Leste Group
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-names-catie-naranjo-as-chief-development-officer

Sources: name

PRESS2024-09-23

MG Developer Partners With SERHANT. New Development As The Exclusive Broker For 'The George'

Kreps PR & Marketing · carried by einpresswire.com
MG Foundation was established to support local initiatives
value seen: Coral Gables Community Foundation
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.einpresswire.com/article/745921905/mg-developer-partners-with-serhant-new-development-as-the-exclusive-broker-for-the-george

Sources: summary

COMPANYdate not shown in source

MG Developer | Miami

MG Developer
In collaboration with the Coral Gables Community Foundation, the donor-advised MG Foundation was established to support local initiatives with haste and flexibility.
value seen: in collaboration with the Coral Gables Community Foundation
https://www.mgdevelopermiami.com/foundation/

Registrations & licences

COMPANY NUMBERL14000024472
Florida Division of Corporations (Sunbiz) · US · ACTIVE
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 10 projects tracked

What they build

4 types
Residential, for sale8 of 10
Residential, for rent1 of 10
Retail1 of 10
Other1 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AT
Alirio Torrealba
Founder and CEO of MG Developer, which he leads across residential development, acquisitions and project execution in South Florida. A Venezuelan-born entrepreneur, he moved from automotive businesses—including Western Motors and Multimarca Automotive Group—to Miami real estate and has led MG’s Coral Gables and multifamily expansion.
Current title
CEO & Founder
since May 2014 - Present
Experience
25+ years business experience
Companies before
Western MotorsMultimarca Automotive Group
Education
University of Santa MariaLaw Degree
Other boards
Board of Directors, Coral Gables Museum
Known for
FounderCEOLaw degreeex-automotive entrepreneur
https://linkedin.com/in/alirio-torrealba-42b2aa16a
I decided to leave car sales and dedicate myself 100 percent to real estate development. The Real Deal September 2, 2025https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/
The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami. The Real Deal September 2, 2025https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: education

PRESSdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: [{'institution': 'University of Santa Maria', 'degree': 'Law Degree'}]
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mgdevelopermiami.com/about-us/

Sources: degree

PRESS2023-10-10

PROFILE Exclusive: 12 Questions With Alirio Torrealba, MG Developer Founder and Coral Gables Visionary

PROFILEmiami
Born in Caracas, Venezuela and graduated from the University of Santa Maria, Alirio Torrealba has a Law Degree with business experience in the automotive industry.
value seen: Law Degree
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: institution

PRESS2023-10-10

PROFILE Exclusive: 12 Questions With Alirio Torrealba, MG Developer Founder and Coral Gables Visionary

PROFILEmiami
Born in Caracas, Venezuela and graduated from the University of Santa Maria, Alirio Torrealba has a Law Degree with business experience in the automotive industry.
value seen: University of Santa Maria
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: full name

COMPANYdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: Alirio Torrealba
https://www.mgdevelopermiami.com/about-us/

Sources: linkedin page

SOCIAL2026-09-14

Alirio Torrealba

LinkedIn
CEO at MG Developer
value seen: https://linkedin.com/in/alirio-torrealba-42b2aa16a
https://linkedin.com/in/alirio-torrealba-42b2aa16a

Sources: other boards

PRESSdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: ['Board of Directors, Coral Gables Museum']
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mgdevelopermiami.com/about-us/

Sources: other boards

PRESS2023-06-20

MG Developer Appoints Diego Torrealba as SVP

citybiz
Alirio Torrealba sits on the Board of Directors at The Coral Gables Museum.
value seen: Board of Directors, Coral Gables Museum
held out of the figures · the quote does not carry this value
https://www.citybiz.co/article/431662/mg-developer-appoints-diego-torrealba-as-svp/

Sources: previous companies

PRESSdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: ['Western Motors', 'Multimarca Automotive Group']
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mgdevelopermiami.com/about-us/

Sources: previous companies

PRESS2023-10-10

PROFILE Exclusive: 12 Questions With Alirio Torrealba, MG Developer Founder and Coral Gables Visionary

PROFILEmiami
In 1989 when he opened the doors of Western Motors, his first car dealership in Caracas, Venezuela.
value seen: Western Motors
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: previous companies

PRESS2023-10-10

PROFILE Exclusive: 12 Questions With Alirio Torrealba, MG Developer Founder and Coral Gables Visionary

PROFILEmiami
In 1992, Multimarca Automotive Group was born, originally venturing into the purchase, sale, and consignment of new and used vehicles.
value seen: Multimarca Automotive Group
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: date

PRESSdate not shown in source

The Real Deal

The Real Deal
I decided to leave car sales and dedicate myself 100 percent to real estate development.
value seen: September 2, 2025
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: publisher

PRESSdate not shown in source

The Real Deal

The Real Deal
I decided to leave car sales and dedicate myself 100 percent to real estate development.
value seen: The Real Deal
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: quote

PRESS2025-09-02

I decided to leave car sales and dedicate myself 100 percent to real estate development.

The Real Deal
I decided to leave car sales and dedicate myself 100 percent to real estate development.
value seen: I decided to leave car sales and dedicate myself 100 percent to real estate development.
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: url

PRESSdate not shown in source

The Real Deal

The Real Deal
I decided to leave car sales and dedicate myself 100 percent to real estate development.
value seen: https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: date

PRESSdate not shown in source

The Real Deal

The Real Deal
The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami.
value seen: September 2, 2025
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: publisher

PRESSdate not shown in source

The Real Deal

The Real Deal
The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami.
value seen: The Real Deal
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: quote

PRESS2025-09-02

The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami.

The Real Deal
The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami.
value seen: The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami.
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: url

PRESSdate not shown in source

The Real Deal

The Real Deal
The market is constantly changing and evolving. But there is still a lot of appetite for investing in Miami.
value seen: https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/
value paraphrased from this source
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/

Sources: date

PRESSdate not shown in source

PROFILEmiami

PROFILEmiami
Nothing beats good teamwork.
value seen: October 10, 2023
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: publisher

PRESSdate not shown in source

PROFILEmiami

PROFILEmiami
Nothing beats good teamwork.
value seen: PROFILEmiami
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: quote

PRESS2023-10-10

Nothing beats good teamwork.

PROFILEmiami
Nothing beats good teamwork.
value seen: Nothing beats good teamwork.
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: url

PRESSdate not shown in source

PROFILEmiami

PROFILEmiami
Nothing beats good teamwork.
value seen: https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary
value paraphrased from this source
https://profilemiami.com/miamirealestate/2023/10/10/profile-exclusive-12-questions-with-alirio-torrealba-mg-developer-founder-and-coral-gables-visionary

Sources: role type

PRESSdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: FOUNDER
value paraphrased from this source
https://www.mgdevelopermiami.com/about-us/

Sources: since

SOCIAL2026-09-14

Alirio Torrealba

LinkedIn
CEO & Founder - MG Developer (Current) May 2014 - Present
value seen: May 2014 - Present
https://linkedin.com/in/alirio-torrealba-42b2aa16a

Sources: summary

PRESSdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: Founder and CEO of MG Developer, which he leads across residential development, acquisitions and project execution in South Florida. A Venezuelan-born entrepreneur, he moved from automotive businesses—including Western Motors and Multimarca Automotive Group—to Miami real estate and has led MG’s Coral Gables and multifamily expansion.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mgdevelopermiami.com/about-us/

Sources: tags

PRESSdate not shown in source

AboutUs - MG Developer

MG Developer
Founded in 2014 and led by Venezuelan-native Alirio Torrealba, MG Developer, is a residential property development company headquartered in Coral Gables, Florida.
value seen: Founder; CEO; 25+ years business experience; Law degree; ex-automotive entrepreneur
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mgdevelopermiami.com/about-us/

Sources: title

SOCIAL2026-09-14

Alirio Torrealba

LinkedIn
CEO & Founder - MG Developer (Current) May 2014 - Present
value seen: CEO & Founder
https://linkedin.com/in/alirio-torrealba-42b2aa16a
JD
Jenny Ducret
Jenny Ducret is identified in company-management directories as MG Developer’s COO and co-founder, and Florida corporate records identify her as the company’s registered contact. The available current evidence confirms her operational and ownership-level position, but does not provide a reliable public biography or track record beyond that.
Current title
COO, Co-Founder
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
COOCo-FounderOwner-level leadership

Sources: full name

DIRECTORY2026-08-02

MG Developer Information | SignalHire Company Profile

SignalHire
Jenny Ducret Jenny DucretCOO, Co-Founder
value seen: Jenny Ducret
https://www.signalhire.com/companies/mg-developer

Sources: role type

PRESSdate not shown in source

MG Developer Information | SignalHire Company Profile

SignalHire
Jenny DucretCOO, Co-Founder
value seen: COO
value paraphrased from this source
https://www.signalhire.com/companies/mg-developer

Sources: summary

PRESSdate not shown in source

MG Developer Information | SignalHire Company Profile

SignalHire
Jenny DucretCOO, Co-Founder
value seen: Jenny Ducret is identified in company-management directories as MG Developer’s COO and co-founder, and Florida corporate records identify her as the company’s registered contact. The available current evidence confirms her operational and ownership-level position, but does not provide a reliable public biography or track record beyond that.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.signalhire.com/companies/mg-developer

Sources: tags

PRESSdate not shown in source

MG Developer Information | SignalHire Company Profile

SignalHire
Jenny DucretCOO, Co-Founder
value seen: COO; Co-Founder; Owner-level leadership
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.signalhire.com/companies/mg-developer

Sources: title

DIRECTORY2026-08-02

MG Developer Information | SignalHire Company Profile

SignalHire
Jenny DucretCOO, Co-Founder
value seen: COO, Co-Founder
https://www.signalhire.com/companies/mg-developer
DT
Diego Torrealba
Diego Torrealba is the second-generation leader at MG Developer: as managing partner he oversees acquisitions, development execution, financial structuring and capital partnerships, while also serving as executive vice president of development. He joined the family business after Boston University and has pursued graduate real-estate education at the University of Miami.
Current title
Managing Partner; Executive Vice President of Development
Experience
no career length stated
Companies before
none sourced
Education
Boston UniversityBachelor's degree, Economics
University of Miami Herbert Business SchoolMaster of Business Administration (MBA), Real Estate
Other boards
Member, Coral Gables Museum Young Associates board
Known for
Managing PartnerExecutive VP DevelopmentSecond-generation leadershipBoston UniversityMBA Real Estate
https://linkedin.com/in/diego-torrealba-051b47204
since Managing Partner: Jan 2025 - Present; Executive Vice President of Development: Sep 2022 - Present

Sources: education

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: [{'institution': 'Boston University', 'degree': "Bachelor's degree, Economics"}, {'institution': 'University of Miami Herbert Business School', 'degree': 'Master of Business Administration (MBA), Real Estate'}]
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://events.therealdeal.com/miami-speaker/diego-torrealba

Sources: degree

PRESS2023-06-20

MG Developer Appoints Diego Torrealba as SVP

citybiz
recent graduation from Boston University, where he earned a Bachelor of Science degree in Economics.
value seen: Bachelor's degree, Economics
held out of the figures · the quote does not carry this value
https://www.citybiz.co/article/431662/mg-developer-appoints-diego-torrealba-as-svp/

Sources: institution

PRESS2023-06-20

MG Developer Appoints Diego Torrealba as SVP

citybiz
recent graduation from Boston University, where he earned a Bachelor of Science degree in Economics.
value seen: Boston University
https://www.citybiz.co/article/431662/mg-developer-appoints-diego-torrealba-as-svp/

Sources: degree

PRESS2023-06-20

MG Developer Appoints Diego Torrealba as SVP

citybiz
attain a Master of Business Administration in the Accelerated MBA in Real Estate Program
value seen: Master of Business Administration (MBA), Real Estate
held out of the figures · the quote does not carry this value
https://www.citybiz.co/article/431662/mg-developer-appoints-diego-torrealba-as-svp/

Sources: institution

PRESS2023-06-20

MG Developer Appoints Diego Torrealba as SVP

citybiz
accepted into the Miami Herbert Business School to attain a Master of Business Administration in the Accelerated MBA in Real Estate Program
value seen: University of Miami Herbert Business School
held out of the figures · the quote does not carry this value
https://www.citybiz.co/article/431662/mg-developer-appoints-diego-torrealba-as-svp/

Sources: full name

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: Diego Torrealba
https://events.therealdeal.com/miami-speaker/diego-torrealba

Sources: linkedin page

SOCIAL2026-09-07

Diego Torrealba

LinkedIn
Managing Partner at MG Developer
value seen: https://linkedin.com/in/diego-torrealba-051b47204
https://linkedin.com/in/diego-torrealba-051b47204

Sources: other boards

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: ['Member, Coral Gables Museum Young Associates board']
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://events.therealdeal.com/miami-speaker/diego-torrealba

Sources: other boards

PRESS2023-06-20

MG Developer Appoints Diego Torrealba as SVP

citybiz
Diego currently serves as a member of the Coral Gables Museum Young Associates board
value seen: Member, Coral Gables Museum Young Associates board
held out of the figures · the quote does not carry this value
https://www.citybiz.co/article/431662/mg-developer-appoints-diego-torrealba-as-svp/

Sources: role type

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: MANAGING_DIRECTOR
value paraphrased from this source
https://events.therealdeal.com/miami-speaker/diego-torrealba

Sources: since

SOCIAL2026-09-07

Diego Torrealba

LinkedIn
Managing Partner (Current) Jan 2025 - Present ... Executive Vice President of Development (Current) Sep 2022 - Present
value seen: Managing Partner: Jan 2025 - Present; Executive Vice President of Development: Sep 2022 - Present
https://linkedin.com/in/diego-torrealba-051b47204

Sources: summary

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: Diego Torrealba is the second-generation leader at MG Developer: as managing partner he oversees acquisitions, development execution, financial structuring and capital partnerships, while also serving as executive vice president of development. He joined the family business after Boston University and has pursued graduate real-estate education at the University of Miami.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://events.therealdeal.com/miami-speaker/diego-torrealba

Sources: tags

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: Managing Partner; Executive VP Development; Second-generation leadership; Boston University; MBA Real Estate
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://events.therealdeal.com/miami-speaker/diego-torrealba

Sources: title

PRESSdate not shown in source

Diego Torrealba l MG Developer

The Real Deal
As Managing Partner of MG Developer, Diego Torrealba represents the second generation of leadership guiding the firm’s growth and evolution.
value seen: Managing Partner; Executive Vice President of Development
held out of the figures · the quote does not carry this value
https://events.therealdeal.com/miami-speaker/diego-torrealba
LC
Leonard Chinchay
Leonard Chinchay leads MG Developer’s funding strategies across markets, including investor relations, financing and capital raising. Before joining MG, he spent about two decades in residential and commercial real estate, including leadership work with Key International and his own Assets Real Estate Group, and has experience building institutional and private-investor networks.
Current title
Director of Capital Markets
since May 2023 - Present
Experience
20+ years real estate
Companies before
Assets Real Estate GroupKey International
Education
Embry-Riddle Aeronautical UniversityBachelor of Science in Business Administration
Other boards
none sourced
Known for
Capital marketsInvestor relationsKey InternationalUrban Land Institute member
https://linkedin.com/in/leonard-chinchay-3b88a8169
At MG Developer, we truly believe in the power of these tools to help our investors thrive across various asset classes and to drive growth and resilience in our projects and partnerships. citybiz November 19, 2024https://www.citybiz.co/article/627968/mg-developer-participates-in-imns-9th-annual-family-office-private-wealth-management-forum/

Sources: education

PRESSdate not shown in source

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: [{'institution': 'Embry-Riddle Aeronautical University', 'degree': 'Bachelor of Science in Business Administration'}]
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: degree

PRESS2023-08-14

MG Developer Appoints New Director, Project Manager

Connect CRE
He earned a Bachelor of Science Degree in Business Administration from Embry Riddle University
value seen: Bachelor of Science in Business Administration
held out of the figures · the quote does not carry this value
https://www.connectcre.com/stories/mg-developer-appoints-new-director-project-manager/

Sources: institution

PRESS2023-08-14

MG Developer Appoints New Director, Project Manager

Connect CRE
He earned a Bachelor of Science Degree in Business Administration from Embry Riddle University
value seen: Embry-Riddle Aeronautical University
held out of the figures · the quote does not carry this value
https://www.connectcre.com/stories/mg-developer-appoints-new-director-project-manager/

Sources: full name

PRESS2023-08-15

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: Leonard Chinchay
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: linkedin page

SOCIAL2026-10-10

Leonard Chinchay

LinkedIn
Director of Capital Markets - MG Developer (Current) May 2023 - Present
value seen: https://linkedin.com/in/leonard-chinchay-3b88a8169
https://linkedin.com/in/leonard-chinchay-3b88a8169

Sources: previous companies

PRESSdate not shown in source

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: ['Assets Real Estate Group', 'Key International']
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: previous companies

PRESS2023-08-14

Movers & Shakers: MG Developers Taps Capital Markets Director

The Real Deal
Chinchay was previously CEO of his own firm, Assets Real Estate Group
value seen: Assets Real Estate Group
https://therealdeal.com/miami/2023/08/14/movers-shakers-mg-developers-taps-capital-markets-director/

Sources: previous companies

PRESS2023-08-15

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
held several leadership positions ... with major developers, including Key International
value seen: Key International
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: date

PRESSdate not shown in source

citybiz

citybiz
At MG Developer, we truly believe in the power of these tools to help our investors thrive across various asset classes and to drive growth and resilience in our projects and partnerships.
value seen: November 19, 2024
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.citybiz.co/article/627968/mg-developer-participates-in-imns-9th-annual-family-office-private-wealth-management-forum/

Sources: publisher

PRESSdate not shown in source

citybiz

citybiz
At MG Developer, we truly believe in the power of these tools to help our investors thrive across various asset classes and to drive growth and resilience in our projects and partnerships.
value seen: citybiz
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.citybiz.co/article/627968/mg-developer-participates-in-imns-9th-annual-family-office-private-wealth-management-forum/

Sources: quote

PRESS2024-11-19

MG Developer Participates in IMN’s 9th Annual Family Office & Private Wealth Management Forum

citybiz
At MG Developer, we truly believe in the power of these tools to help our investors thrive across various asset classes and to drive growth and resilience in our projects and partnerships.
value seen: At MG Developer, we truly believe in the power of these tools to help our investors thrive across various asset classes and to drive growth and resilience in our projects and partnerships.
https://www.citybiz.co/article/627968/mg-developer-participates-in-imns-9th-annual-family-office-private-wealth-management-forum/

Sources: url

PRESSdate not shown in source

citybiz

citybiz
At MG Developer, we truly believe in the power of these tools to help our investors thrive across various asset classes and to drive growth and resilience in our projects and partnerships.
value seen: https://www.citybiz.co/article/627968/mg-developer-participates-in-imns-9th-annual-family-office-private-wealth-management-forum/
value paraphrased from this source
https://www.citybiz.co/article/627968/mg-developer-participates-in-imns-9th-annual-family-office-private-wealth-management-forum/

Sources: role type

PRESSdate not shown in source

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: DEPARTMENT_HEAD
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: since

SOCIAL2026-10-10

Leonard Chinchay

LinkedIn
Director of Capital Markets - MG Developer (Current) May 2023 - Present
value seen: May 2023 - Present
https://linkedin.com/in/leonard-chinchay-3b88a8169

Sources: summary

PRESSdate not shown in source

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: Leonard Chinchay leads MG Developer’s funding strategies across markets, including investor relations, financing and capital raising. Before joining MG, he spent about two decades in residential and commercial real estate, including leadership work with Key International and his own Assets Real Estate Group, and has experience building institutional and private-investor networks.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: tags

PRESSdate not shown in source

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: Capital markets; 20+ years real estate; Investor relations; Key International; Urban Land Institute member
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager

Sources: title

PRESS2023-08-15

MG DEVELOPER APPOINTS LEONARD CHINCHAY AS DIRECTOR OF CAPITAL MARKETS, AND JOSE MATA AS PROJECT MANAGER

Multifamily Press
MG Developer ... named Leonard Chinchay as its new Director of Capital Markets
value seen: Director of Capital Markets
https://www.multifamilypress.com/categories/new-hires-promotions/mg-developer-appoints-leonard-chinchay-as-director-of-capital-markets-and-jose-mata-as-project-manager
AT
Anniella Tabraue
Anniella Tabraue is MG Developer’s sales director and has been associated with the developer since late 2015/early 2016. Her public profile describes a decade in Coral Gables new-development sales and more than $300 million in sales, making her the senior commercial lead documented here; no independently supported education or prior-company history was found.
Current title
Sales Director
since Jan 2016 - Present
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Sales DirectorNew-development sales$300M+ salesJoined MG Developer in 2015
https://linkedin.com/in/anniella-tabraue-p-a-05475788

Sources: full name

PRESSdate not shown in source

Anniella Tabraue | ONE Sotheby’s International Realty | FL Real Estate

ONE Sotheby’s International Realty
Anniella Tabraue — Luxury Real Estate Specialist, Coral Gables
value seen: Anniella Tabraue
https://www.onesothebysrealty.com/realestate/agent/anniella-tabraue/

Sources: linkedin page

SOCIAL2026-10-07

Anniella Tabraue P.A

LinkedIn
New Development Sales Director
value seen: https://linkedin.com/in/anniella-tabraue-p-a-05475788
https://linkedin.com/in/anniella-tabraue-p-a-05475788

Sources: role type

PRESSdate not shown in source

Anniella Tabraue P.A

LinkedIn
Sales Director (Current) Jan 2016 - Present in Coral Gables, Florida, United States
value seen: DEPARTMENT_HEAD
value paraphrased from this source
https://linkedin.com/in/anniella-tabraue-p-a-05475788

Sources: since

SOCIAL2026-10-07

Anniella Tabraue P.A

LinkedIn
Sales Director (Current) Jan 2016 - Present in Coral Gables, Florida, United States
value seen: Jan 2016 - Present
https://linkedin.com/in/anniella-tabraue-p-a-05475788

Sources: summary

PRESSdate not shown in source

Anniella Tabraue P.A

LinkedIn
Sales Director (Current) Jan 2016 - Present in Coral Gables, Florida, United States
value seen: Anniella Tabraue is MG Developer’s sales director and has been associated with the developer since late 2015/early 2016. Her public profile describes a decade in Coral Gables new-development sales and more than $300 million in sales, making her the senior commercial lead documented here; no independently supported education or prior-company history was found.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/anniella-tabraue-p-a-05475788

Sources: tags

PRESSdate not shown in source

Anniella Tabraue P.A

LinkedIn
Sales Director (Current) Jan 2016 - Present in Coral Gables, Florida, United States
value seen: Sales Director; New-development sales; $300M+ sales; Joined MG Developer in 2015
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/anniella-tabraue-p-a-05475788

Sources: title

SOCIAL2026-10-07

Anniella Tabraue P.A

LinkedIn
Sales Director (Current) Jan 2016 - Present in Coral Gables, Florida, United States
value seen: Sales Director
https://linkedin.com/in/anniella-tabraue-p-a-05475788
GI
Giovanni Insignares
Giovanni Insignares leads MG Developer’s marketing function, including sales enablement, digital strategy, public relations, events, media relations and agency management. Independent professional profiles also identify him as founder of Insignia Media and document graduate study in management information systems.
Current title
Marketing Director
since Aug 2024 - Present
Experience
no career length stated
Companies before
Insignia Media
Education
Florida International UniversityMaster’s in Management Information Systems
Nova Southeastern University
Other boards
none sourced
Known for
Marketing DirectorDigital strategyPublic relationsFounder, Insignia MediaMS Management Information Systems
https://linkedin.com/in/ginsignares

Sources: education

PRESSdate not shown in source

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: [{'institution': 'Florida International University', 'degree': 'Master’s in Management Information Systems'}, {'institution': 'Nova Southeastern University', 'degree': None}]
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ginsignares

Sources: degree

OTHERdate not shown in source

Giovanni Insignares - BizHack Academy

BizHack Academy
He has a Masters in Management Information Systems from Florida International University
value seen: Master’s in Management Information Systems
https://bizhack.com/instructor/giovanni-insignares/

Sources: institution

OTHERdate not shown in source

Giovanni Insignares - BizHack Academy

BizHack Academy
He has a Masters in Management Information Systems from Florida International University
value seen: Florida International University
https://bizhack.com/instructor/giovanni-insignares/

Sources: institution

OTHERdate not shown in source

Giovanni Insignares - BizHack Academy

BizHack Academy
he graduated from Nova Southeastern University
value seen: Nova Southeastern University
https://bizhack.com/instructor/giovanni-insignares/

Sources: full name

SOCIAL2026-10-03

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: Giovanni Insignares
held out of the figures · the quote does not carry this value
https://linkedin.com/in/ginsignares

Sources: linkedin page

SOCIAL2026-10-03

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: https://linkedin.com/in/ginsignares
https://linkedin.com/in/ginsignares

Sources: previous companies

PRESSdate not shown in source

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: ['Insignia Media']
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ginsignares

Sources: previous companies

SOCIAL2026-10-03

Giovanni Insignares

LinkedIn
Founder - Insignia Media
value seen: Insignia Media
https://linkedin.com/in/ginsignares

Sources: role type

PRESSdate not shown in source

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: DEPARTMENT_HEAD
value paraphrased from this source
https://linkedin.com/in/ginsignares

Sources: since

SOCIAL2026-10-03

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: Aug 2024 - Present
https://linkedin.com/in/ginsignares

Sources: summary

PRESSdate not shown in source

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: Giovanni Insignares leads MG Developer’s marketing function, including sales enablement, digital strategy, public relations, events, media relations and agency management. Independent professional profiles also identify him as founder of Insignia Media and document graduate study in management information systems.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ginsignares

Sources: tags

PRESSdate not shown in source

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: Marketing Director; Digital strategy; Public relations; Founder, Insignia Media; MS Management Information Systems
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ginsignares

Sources: title

SOCIAL2026-10-03

Giovanni Insignares

LinkedIn
Marketing Director - MG Developer (Current) Aug 2024 - Present
value seen: Marketing Director
https://linkedin.com/in/ginsignares

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Metro ParcHialeah, United States
residential for rent, retail559110—USD 148m
construction loan
—2022December 2022Apr 2024 – Jun 2024Jan 2025 – Dec 2025+13.5 mo
(+7.0 to +20.0)
sourcedcompleted
The Village at Coral GablesCoral Gables, United States
residential for sale481————2023September 16th, 2023Apr 2025 – Jun 2025Jan 2025 – Dec 2025+1.5 mo
(−5.0 to +8.0)
sourcedcompleted
Biltmore RowCoral Gables, United States
Biltmore Square
residential for sale1013—————Jan 2022 – Dec 2022Sep 2024+26.5 mo
(+21.0 to +32.0)
estimatedcompleted
Althea RowCoral Gables, United States
Biltmore Square
residential for sale513———201924 Sep 2019Jan 2021 – Dec 2021Aug 2021+1.5 mo
(−4.0 to +7.0)
estimatedcompleted
1215 Blue RoadCoral Gables, United States
other————————Jan 2019 – Dec 2019—not scorablecompleted
2255 South MiamiMiami, United States
residential for sale————————Jan 2019 – Dec 2019—not scorablecompleted
The PonceCoral Gables, United States
residential for sale41————20182018-11-28—Jan 2019 – Dec 2019—not scorablecompleted
Villa BlancCoral Gables, United States
residential for sale41————20182018-07-06—Jan 2019 – Dec 2019—not scorablecompleted
Beatrice RowCoral Gables, United States
Biltmore Square
residential for sale913———20162016-12-13Jan 2017 – Dec 2017Jan 2018 – Dec 2018+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
Biltmore ParcCoral Gables, United States
Biltmore Square
residential for sale3215———20152015-11-13Feb 2017Dec 2017+10.0 mo
(+10.0 to +10.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

5 found
PROJECT AWARD Winner February 27, 2025
Luxury Residential Project of the Year · The Village at Coral Gables
MG Developer received the Luxury Residential Project of the Year award for The Village at Coral Gables.
PROJECT AWARD Winner April 26, 2025 (ceremony); reported May 8, 2025
Addison Mizner Award — Residential Category · Biltmore Row
Biltmore Row, developed by MG Developer, received top honors in the Residential Category for classical and traditional architecture, urbanism and allied arts.
Florida Chapter of the Institute of Classical Architecture & Art (ICAA) · https://resident.com/luxury-news/2025/05/09/mg-developers-biltmore-row-wins-addison-mizner-award-for…
PROJECT AWARD Winner 2022 (reported March 3, 2022)
Palladio Award for Most Outstanding Architecture in a Residential Multi-Unit Project · Beatrice Row
Beatrice Row, developed by MG Developer, won the Palladio Award for outstanding residential multi-family project architecture and traditional design.
PROJECT AWARD Winner 2020
CNU Charter Award — Block, Street, and Building · Beatrice Row
Beatrice Row won a 2020 CNU Charter Award in the Block, Street, and Building category; the source identifies MG Developer as the client.
PROJECT AWARD Winner 2019 (ceremony held February 8, 2020)
Addison Mizner Award for Florida and the Caribbean — Best Multi-Family Residential Project · Beatrice Row
Beatrice Row, developed by MG Developer, won the 2019 Addison Mizner Award for advancing classical and traditional design in architecture and urbanism.

Risks

Risk flags

4 found
FINANCIAL DISTRESS Filed September 22, 2026; reported September 28, 2026
On September 22, 2026, Slate Property Group and The Carlyle Group filed a foreclosure lawsuit against MG Developer over the Metro Parc South project, alleging a $31.1 million default on construction financing caused by construction liens, missed reserve deposits and unpaid 2025 property taxes; MG said it remained in good-faith negotiations and was seeking an additional investor.
FINANCIAL DISTRESS Suits filed from August 17, 2026; developments reported through October 6, 2026
From August through October 2026, lenders filed multiple lawsuits against MG affiliates alleging missed interest, unpaid matured loans and preferred-equity defaults across the Regency Miami Airport by Sonesta, North Bay Village, Coral Gables and Doral projects; MG said the matters involved separate transactions, cited liquidity disruptions and said it was working to resolve them.
LEGAL May and September 2026
In September 2026, Modis Architects sued seeking foreclosure of construction liens on six MG projects, including a $578,294 lien against the Metro Station II site; the same property also had a $63,575 engineering and design lien filed by Bliss & Nyitray in May 2026.
DELIVERY DELAY Commitment published April 28, 2025; construction reported begun June 17, 2025; foreclosure filed September 22, 2026; position researched October 14, 2026.
Metro Parc South (Hialeah): MG Developer’s April 2025 financing announcement said construction would begin in Q2 2025, but lenders later sued on September 22, 2026 to foreclose, alleging a continuing $31.1 million construction-loan default involving liens, missing reserve deposits and unpaid 2025 property taxes; the reported matter remained disputed, with MG saying it was pursuing good-faith negotiations rather than the project being reported cancelled.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 14, 2026 this month
Profile last researchedOctober 14, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.