
MG, Vertical score $100M construction loan for Coral Gables mixed-use
MG Developer and Vertical Developments landed a $100 million construction loan for Alhambra Parc, a mixed-use luxury condo project in Coral Gables. Miami-based Benmark Capital provided the financing for the eight-story development at 33 Alhambra Circle, according to a news release. Berkadia’s Scott

“So much wealth”: Why the rush for waterfront homes rolls on in South Florida
Developer Keith Menin paid $16.1 million for a waterfront home on North Bay Road in April 2024, and he teamed up with the billionaire founder of Rockstar Energy to renovate and flip the property. Two years later, Menin and Russell Savage (previously Weiner) sold the home at 5300 North Bay Road for

Related Group, Russell Galbut part of Fisher Island team at center of fuel depot battle
As the fight over the last remaining development site on Fisher Island heats up, top Miami developers are also part of the mix: Russell Galbut and the Related Group. Galbut, the Pérez family’s Related Group and Raycliff Capital partnered HRP Group to redevelop the nearly 10-acre property on Fisher
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