Torrealba’s troubles: MG Developer overdue on millions in debt, preferred equity, lawsuits say
Alirio Torrealba and his MG Developer were hit with four lawsuits this week alleging defaults on $2.2 million in preferred equity and millions more in loans tied to several South Florida holdings. The Coral Gables-based developer, which has a hefty pipeline spanning from Hialeah to North Bay Village, has spent over…
Read the full report at The Real Deal — South Florida
Published by The Real Deal — South Florida. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- The Real Deal — South Florida
- Obtained from
- The Real Deal — South Florida
- Published
- Aug 21, 2026
- Last updated
- Aug 21, 2026 (today)
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