The investment firm that acquired the Washington, D.C., hotel formerly operated by former President Donald Trump’s company has lost the property in a foreclosure auction two years after buying it for $375 million. The Wall Street Journal reported Miami-based CGI...
CGI Merchant Group, the Miami-based investor that acquired the lease of The Trump International Hotel in Washington, D.C., in 2022 for $375 million, has defaulted on a $285 million loan related to the property. According to a Wall Street Journal report sourced from...
RMR Posts $12.4 Million Quarterly Loss as Managed Real Estate Assets Fall t…
