Alirio Torrealba's Rise to the Top: Unconventional Beginnings in South Florida Real Estate
From a lack of development experience to a $500 million project pipeline, MG Developer's Alirio Torrealba has defied odds and dominated Coral Gables, Hialeah, Miami, Doral, and North Bay Village.
When Alirio Torrealba entered the South Florida real estate scene, he didn't have the typical background of a developer - in fact, he didn't even speak English. Yet, that didn't stop him from becoming a major player in the industry, leading the charge in new townhome and condo development in Coral Gables.
Despite facing headwinds in the multifamily and condo markets, Torrealba's Coral Gables-based MG Developer has managed to amass a project pipeline worth over $500 million, expanding into neighboring areas including Hialeah, Miami, Doral, and North Bay Village.
While other developers may have slowed down in the face of challenges, Torrealba has only accelerated, taking his company into a faster lane and solidifying his status as a top player in the competitive South Florida market.
Originally reported by The Real Deal.
https://therealdeal.com/magazine/september-2025/alirio-torrealba-revs-up-mg-developers-south-florida-pipeline/