South Florida
Jan 10, 2025
Map: A look at CGI Merchant’s unraveling real estate investments amid mounting debt woes
Raoul Thomas’ portfolio is getting hammered by lenders. But he’s fighting to keep his properties.
Coral Gables
South Florida
May 29, 2025
Raoul Thomas’ CGI Merchant sells distressed Coral Gables commercial condos for $29M, staving off foreclosure
Elysee Investments bought three floors of offices and retail space at Ten Aragon
South Florida
Aug 30, 2024
Masoud Shojaee gets grilled in court depo about Shoma bank accounts in lawsuit filed by his daughters
Coral Gables-based developer testified he didn’t know details about multiple funds transfers, including $132K from a North Bay Village project to an unrelated entity