Francisco Alvarado

CGI Merchant Group Sells Distressed Coral Gables Units

South Florida

Raoul Thomas’ CGI Merchant sells distressed Coral Gables commercial condos for $29M, staving off foreclosure

Torose Equities’ Scott Sherman, Sabal Investment Holdings’ Pat Jackson and Azora Private Solutions’ Juan José Zaragoza and Ignacio Gil-Casares with the office building at 3480 Main Highway in Miami

Torose, Sabal flip Coconut Grove office building for $61M 

TRD Staff

BDT & MSD Partners co-CEO Gregg Lemkau, 1100 Pennsylvania Avenue NW in Washington, D.C. and Donald Trump

Washington D.C.

Feds move to sell Old Post Office, Trump’s former DC hotel

Lidia Dinkova

Hammered by mounting debt, Raoul Thomas’ hotel investments are crumbling. But he’s not giving up

CGI Merchant Facing Foreclosure For Coral Gables Offices

Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group

CGI Merchant hit with $49M UCC foreclosure on Coral Gables office building, its fourth distressed asset 

Former Trump DC Hotel Leasing Rights Lost to Foreclosure

Former Trump D.C. hotel’s leasing rights lost to foreclosure

New York

Raoul Thomas

Cirrus Real Estate Partners’ Joseph McDonnell, Brazilian developer Gilberto Bomeny and a rendering of what could be built on the downtown Miami development site

Do-over costs Cirrus $18M over previous win in bankruptcy auction

TMT Properties' Paul Burrell, CGI Merchant Group's Raoul Thomas and TMT Properties' Susan Burrell with street views of the Nexus-branded co-working buildings at 2101 Vista Parkway near West Palm Beach and 1375 Gateway Boulevard in Boynton Beach

Raoul Thomas’ financially embattled CGI Merchant sells co-working portfolio for $31M

CGI Racks Up New Foreclosure Tied To Miami Beach Hotel

Raoul Thomas

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Raoul Thomas’ CGI Merchant sells distressed Coral Gables commercial condos for $29M, staving off foreclosure

Torose, Sabal flip Coconut Grove office building for $61M

Feds move to sell Old Post Office, Trump’s former DC hotel

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