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 ...

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 ...

His firm recently lost Coconut Grove HQ at auction to Torose Equities, and now another lender is breathing down his neck in Coral Gables CGI Merchant Group’s Raoul Thomas, Torose Equities’ Scott ...

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 ...