A photograph illustration of CGI Merchant’s CEO Raoul Thomas and 1100 Biscayne Boulevard in downtown Miami (still left), 550 Biltmore Way in Coral Gables (center) and 3480 Most important Highway in Coconut Grove (ideal) (Getty, Google Maps, LoopNet)
CGI Service provider Team was hit with four lawsuits in excess of a six-thirty day period time period, alleging non-payment of almost $210,000 in costs for assets administration, stability and other solutions.
JLL, The H2o Restoration Group, Cintas Corporation and Safety Management Improvements are separately suing the Miami-based true estate investment company and its affiliate marketers in Miami-Dade Circuit Court docket.
CGI, led by CEO Raoul Thomas, allegedly owes its distributors for get the job done presented at many South Florida homes the organization owns, such as the Hilton-branded Gabriel Miami lodge at 1100 Biscayne Boulevard in downtown Miami, a Coconut Grove business office making at 3480 Major Freeway, and two Coral Gables office environment properties at 550 Biltmore Way and 55 Miracle Mile.
In May possibly, CGI shut a $375 million deal to acquire the lease for the former Trump-branded resort in Washington, D.C. The company rebranded the federally owned historic house less than the Waldorf Astoria flag. CGI bought the lease with proceeds from a $650 million expense fund, whose associates include retired Key League Baseball star Alex Rodriguez and Adi Chugh of Maverick Industrial Attributes.
Thomas did not respond to voicemail messages and emails seeking comment.
JLL
In the most recent lawsuit, filed on Nov. 30, JLL alleges CGI has not compensated $104,377 in costs and personnel fees affiliated with agreements to regulate 8 South Florida workplace attributes, which includes the Coconut Grove creating and 1 of the Coral Gables structures. JLL terminated the agreements on July 31, the criticism states.
CGI acquired 55 Miracle Mile for $21.4 million in 2013, and 3840 Principal Freeway for $3 million in 2014, data clearly show.
The Water Restoration Team
On Nov. 15, the Miami-primarily based residence destruction remediation company sued the CGI affiliate that owns 550 Biltmore Way, a 15-flooring office environment building accomplished in 1986. Water Restoration alleges that CGI hasn’t paid out a $41,909 invoice for extracting water from the building’s garage in June.
In 2019, CGI paid $54.4 million for the assets, records display.
Cintas Company
The Mason, Ohio-based uniforms and apparel company sued Gabriel Miami’s ownership entity in September for alleged nonpayment of a $4,105 unpaid invoice. Cintas alleges that Gabriel Miami hasn’t paid out for mats, soaps and dust mops stamped with the hotel’s brand that the enterprise made in 2020.
Cintas is also looking for an extra $30,495 in liquidated damages, the lawsuit states. Final thirty day period, Cintas received a default judgment against the ownership entity.
In 2013, CGI’s affiliate paid $19.5 million for the 157-key resort.
Stability Administration Improvements
In June, the Miami-dependent non-public safety company sued CGI for allegedly failing to pay back $34,635 for offering guards at Gabriel Miami. Protection Management and CGI entered into an agreement very last yr to pay back $21 per hour for each stability officer, the grievance states.
Stability Management alleges CGI hasn’t paid invoices between Jan. 13 and Could 19.