Raoul Thomas’ CGI Merchant sells distressed Coral Gables commercial condos for $29M, staving off foreclosure
Raoul Thomas’ troubled CGI Merchant Group sold 65 distressed commercial units in a Coral Gables mixed-use building for $28.5 million, staving off a pending foreclosure, The Real Deal has learned. Miami Beach-based Elysee Investments, led by CEO Haim Yehezkel, bought the units, consisting of retail and office spaces on the first three floors of Ten […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Billionaire Apollo co-founder’s hedge fund, concierge medicine firm take leases in Miami Design District trophy office
Ultra-luxury seller’s market: Chrysler heir sells Palm Beach home for $29M
Rick Ross remains partner in Miami Gardens condo development after domestic violence arrest
Good Dogs, Bad Blood: The Billionaire vs. Millionaire War Over a Utah Megamansion
Monarch, Tourmaline’s $400M-plus asking price for Brickell office building chases record-setting sale
Elon Musk Abruptly Splits From Shivon Zilis—Will She Move Out of His $35 Million Austin Compound?
View Homes CEO Gandhi rebuilds builder operating platform
‘Lawfare is now the norm’: MLS leaders brace for more legal battles
FAA says Boeing 737 Max software glitch not a flight-safety issue
Why real estate agents are mentoring college athletes — and getting referrals
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131