FBI Raids Developer Sergio Pino’s Home And Office
The FBI conducted raids of developer Sergio Pino’s waterfront Cocoplum estate and his Coral Gables office, as his two-year-old divorce case takes a dark turn.
Federal agents in tactical gear descended on Pino’s home at 142 Isla Dorada Boulevard and his Century Homebuilders Group headquarters at 1805 Ponce de Leon on Monday night, the Miami Herald reported. Both searches are linked to an FBI probe into death threats against Pino’s estranged wife, Tatiana Pino.
The couple has been locked in a contentious divorce since 2022 when Tatiana Pino filed for a dissolution of marriage, court records show. The case is scheduled for trial in July.
An FBI spokesperson did not immediately respond to a request for comment from The Real Deal about what federal crimes were being investigated and what special agents were searching for. Sam Rabin, a defense attorney representing Pino, told the Miami Herald that his client is cooperating with the investigation.
One of Pino’s neighbors told the Miami Herald that federal law enforcement vehicles swarmed the neighborhood on Monday evening for at least three hours.
Pino is among South Florida’s most prolific homebuilders. In January, Century teamed up with Miami-based Treo Group to acquire an 11.6-acre development site in Homestead for $10.5 million. The joint venture has not yet unveiled plans for a project on the property.
In 2022, Century purchased 10.5 acres in Florida City from Treo Group where the two firms are partnering to build 131 townhomes. Century paid $6.3 million. The property is part of a 16-acre mixed-use project where Treo is also planning more than 1,000 units, a charter school, offices and other commercial space.
Recently, Century completed Midtown Doral, a four-building complex with 537 condos and two garages in Doral. In the same city, Century, Mattoni Group and Colombian construction giant Conconcreto developed a complex of two six-story apartment buildings with 326 units. The joint venture is also planning a second phase with 349 apartments.
— Francisco Alvarado
