Investment firm loses former Trump hotel to foreclosure auction

Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt. Continue reading

Vacasa teams up with Marriott International

Travelers will now be able to book more than 10,000 properties that Vacasa manages through Marriott’s Homes & Villas by Marriott International platform. Continue reading