MG Developer, a residential developer with headquarters in Coral Gables and currently the most active developer in Hialeah, is pleased to announce that it has named Diego Torrealba as its new Senior Vice President of Real Estate Development at MG Developer.

Torrealba brings a wealth of industry experience and expertise to his new role. Prior to this promotion he was the Vice President of Real Estate Development at MG Developer and was responsible for the management of investor and lender relations, he reported for $400M in active development projects, assisted with negotiations for all projects, and evaluated investment opportunities.

“We are thrilled to appoint Diego as our new Senior Vice President,” said Alirio Torrealba, CEO of MG Developer. “Diego’s academic achievements, professional experience, and dedication to our company’s vision make him the perfect fit for this role. We are confident that under Diego’s leadership, MG will continue to thrive in the real estate industry.”

Torrealba’s involvement in the family business is a testament to his deep commitment and passion for the company’s continued growth and success. His proven leadership, combined with his fresh perspective, will continue MG Developer’s ongoing achievements.

MG Developer’s Biltmore Row which was completed in 2021in Coral Gables

Diego Torrealba’s promotion comes on the heels of being accepted into the Miami Herbert Business School to attain a Master of Business Administration in the Accelerated MBA in Real Estate Program and his recent graduation from Boston University, where he earned a Bachelor of Science degree in Economics. Throughout his academic journey, he distinguished himself both in the classroom and on the field as a member of the university’s Division 1 soccer team.

“We are very pleased to welcome Diego Torrealba into UM’s Master of Business Administration in Real Estate noted Dr. Andrea Heuson, Professor of Finance and Academic Director of Real Estate Programs at Miami Herbert. We look forward to seeing his growth and evolution in our institution. We are confident that with the skill set, he attains through his journey with us, he will accomplish great things in his real estate career and make a meaningful impact in South Florida.”

Diego currently serves as a member of the Coral Gables Museum Young Associates board and holds a real estate sales agent license with One Sotheby’s International Realty.

Under the leadership of Alirio Torrealba, MG Developer is a residential property development company based in Coral Gables, Florida offering a wide range of real estate services, including concept creation, property site selection, and project advancement. Torrealba has already completed 11 developments and has more than $600 million in developments in planning throughout Miami, establishing MG as one of the most active developers in South Florida today.

For more information, please visit www.mgdevelopermiami.com.