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 ...
For the second time in two years, Raoul Thomas’ CGI Merchant Group could lose a South Florida hotel to foreclosure. The legal action is the latest blow to Thomas’ real estate empire, which has been ...
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 ...
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