South FloridaMay 29, 2025Raoul Thomas’ CGI Merchant sells distressed Coral Gables commercial condos for $29M, staving off foreclosureElysee Investments bought three floors of offices and retail space at Ten Aragon
South FloridaFeb 28, 2025Foreclosure woes worsen for Raoul Thomas’ CGI Merchant GroupHis firm recently lost Coconut Grove HQ at auction to Torose Equities, and now another lender is breathing down his neck in Coral Gables
South FloridaDec 5, 2024CGI Merchant hit with $49M UCC foreclosure on Coral Gables office building, its fourth distressed asset Raoul Thomas’ company lost Washington DC and downtown Miami hotels to lenders this year, and faces an auction of South Beach property this month