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 3, 2026CGI Merchant loses 550 Biltmore as its portfolio cracksRaoul Thomas’ firm has been bleeding assets over allegedly unpaid loans
Washington D.C.Jan 30, 2026Feds move to sell Old Post Office, Trump’s former DC hotelLeaseholder BDT & MSD Partners holds right of refusal to buy