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175 SW 7th Street, Suite 2205 Miami, FL 33130

6404 7th Avenue Circle W

BGI Capital

6404 7th Avenue Circle W, Bradenton, Florida 34209
Private Construction Loan
Financed $1,100,000

Subject property located in the City of Bradenton, Florida consists of one residential building containing eight partially completed units as well as two pad sites. Subject property as proposed will be twenty-four residential condominium units located in three buildings containing approximately 37,062 sellable square feet.

Biltmore Parc Developer Scores Condo Inventory Loan For Unsold Units
Closed Transactions

Biltmore Parc developer scores condo inventory loan for unsold units

Coral Gables developer Alirio Torrealba closed on a condo inventory loan for unsold units at Biltmore Parc. Torrealba’s MG Developer secured a $7.75 million loan from BGI Capital, according to a press release. The financing comes as MG Developer hired One Sotheby’s International Realty to take over remaining sales of its Coral Gables developments, including 11 condos at Biltmore Parc. Fortune International Realty previously handled sales for MG Developer.
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