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The Real Deal | July 23, 2018

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Movers & Shakers

BGI Capital, led by Kenneth Baboun and Robert Barthelmess, brought on Michael Nuñez as a senior wholesale mortgage account executive.

To connect directly with Michael, email him at mnunez@bgicg.com or call his direct line at 786.496.5687

Link: CLICK HERE

Biltmore Parc Developer Scores Condo Inventory Loan For Unsold Units
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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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