Raoul Thomas is trying to fend off another lender attempting to seize a prized piece of his struggling portfolio. A special servicer has filed a foreclosure lawsuit against affiliates of CGI Merchant ...
After losing two of his marquee hotels to lenders and facing an auction of a Miami Beach hotel, Thomas now could also forfeit a Coral Gables office building due to financial woes. Lender Cerberus ...
Rather than fight off another foreclosure lawsuit against a property it owns, Raoul Thomas' CGI Merchant Group plans to relinquish an art deco South Beach hotel to its lender. The owner of a $69M ...
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