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 FloridaSep 3, 2024Hammered by mounting debt, Raoul Thomas’ hotel investments are crumbling. But he’s not giving upHe faces another foreclosure in South Beach after losing the former Trump International Hotel in DC and another trophy in Miami