May 11, 2022 – CGI today announced its acquisition of the lease to the historic Old Post Office building in Washington, D.C. Located at 1100 Pennsylvania Avenue, the iconic property opened in 1899 as Washington, D.C.’s main post office, later converted to a federal office building and more recently became a hotel. CGI, in partnership with Hilton, plans to relaunch the property as part of the iconic Waldorf Astoria Hotels & Resorts brand.
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Feb. 1, 2022 – Hilton featured CGI’s The Gabriel Miami as it celebrated Black History Month by supporting Black-owned and Black-led hospitality businesses around the U.S. (Source: Hilton)
Oct. 19, 2021 – Yesterday, HOTELS published the first part of an interview with CGI’s Raoul Thomas, focusing on funds raised, its development to date, and the launch of its Conscious Certified Hotels (CCH) to create positive social impact in its destinations. (Source: HOTELS)
Oct. 18, 2021 – CGI Merchant Group (CGI), a global investment management firm focusing on real estate and private equity, has created Conscious Certified Hotels (CCH) to create positive social impact in its destinations. (Source: HOTELS)
Oct. 8, 2021 – CGI proudly accepted a second ‘Deal of the Year’ Award from the National Association of Black Hotel Owners (NABHOOD) for its acquisition of The Gabriel South Beach.
Sept. 1, 2021 – Want to develop a hotel? Think beyond just room revenue. Money talks, and more investors like CGI want to see increased emphasis on social issues and sustainability going forward. So-called ESG is no longer a
side thought. (Source: Skift)
Aug. 4, 2021 – CGI Merchant Group today announced its purchase of the hotel complex formerly known as The Celino South Beach. Located at 640 Ocean Drive, the property will reopen in fall 2021.
July 8, 2021 – There’s little doubt that Covid-19 cast a blow to office markets nationwide. But unlike other regions, a spate of business relocations could be the lifeline South Florida’s office sector needs to bounce back strong. (Source: South Florida Business Journal)
March 30, 2021 – CGI Merchant Group is making a $30 million investment in the historic Morris Brown College. (Source: Savoy Network)