Hammered by mounting debt, Raoul Thomas’ hotel investments are crumbling. But he’s not giving up
He faces another foreclosure in South Beach after losing the former Trump International Hotel in DC and another trophy in Miami CGI Merchant Group's Raoul Thomas with (left to right): Gabriel Downtown ...
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 ...
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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