After losing two of his marquee hotels to lenders and facing an auction of a Miami Beach hotel, Thomas now could also forfeit a Coral Gables office building due to financial woes. Lender Cerberus ...
It’s hard to put Raoul Thomas into just one box. The company he founded and runs as chief executive, CGI Merchant Group, has certainly been focused on hospitality in recent years — and is mostly known ...
Hammered by mounting debt, Raoul Thomas’ hotel investments are crumbling. But he’s not giving up
He faces another foreclosure in South Beach after losing the former Trump International Hotel in DC and another trophy in Miami CGI Merchant Group's Raoul Thomas with (left to right): Gabriel Downtown ...
55 Miracle Mile On Coral Way In Coral Gables. A special servicer has filed a foreclosure lawsuit against affiliates of CGI Merchant Group after they defaulted on the $25M CMBS loan tied to the 55 ...
Raoul Thomas’ CGI Merchant can add the office and retail building at 55 Miracle Mile in Coral Gables to its growing roster of properties facing debt troubles. 55 Miracle Mile On Coral Way In Coral ...
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