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David Grutman

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CIM Group’s Shaul Kuba, Richard Ressler, Avi Shemesh and Imperial Companies’ Michael Fascitelli with the Goodtime Hotel at 601 Washington Avenue

Celebrity-hyped Goodtime Hotel faces $149M foreclosure by CIM

Developers Eric Birnbaum and Michael Fascitelli allegedly stopped making loan payments on South Beach property in 2024

Michael Fascitelli, Imperial Companies’ Eric Birnbaum and CIM Group’s Shaul Kuba with the Goodtime Hotel at 601 Washington Avenue in Miami Beach

Judge orders $205M foreclosure on South Beach’s Goodtime Hotel

Auction for celebrity-hyped development is expected on July 1, unless entity of developers Eric Birnbaum and Michael Fascitelli can pay by then

David Grutman with a rendering of the home (CMA Design Studio)

Hospitality mogul David Grutman wins approval for waterfront mansion

Grutman is offering to give the existing home away

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