cgi merchant group
CGI Merchant Group Hospitality Fund to Invest in Atlanta HBCU Morris Brown College With $30 Million Hotel Development Project
CGI Merchant Group, LLC | March 2, 2021
ATLANTA - March 2, 2021 - CGI Merchant Group, LLC (CGI) — a minority-owned global investment management firm with a focus in real estate and private equity — announced today it will make a $30 million investment in the historic Morris Brown College to convert existing facilities into a 150-key upscale hotel and hospitality management training complex. Construction of the 90,000-square-foot state-of-the-art facility is expected to begin later this year. With this announcement, Morris Brown becomes the only Historically Black College and University (HBCU) nationwide with both a flagged hotel and a hospitality management training pr...
Choice Hotels Signs to Develop a 165-room Cambria Hotels & Suites in North Miami Beach, Florida
Cambria hotels & suites | September 23, 2015
Under development through the franchise partnership with CGI Merchant Group and 163rd St. Executive Center LLC, the hotel will open in 2017 ROCKVILLE, Md., Sept. 23, 2015 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest hotel companies, announced it has signed an agreement with franchise partner CGI Merchant Group and 163rd St. Executive Center LLC to develop a new Cambria hotels & suites brand property in North Miami Beach, FL. The 165 room Cambria hotel will be located at the intersection of 163rd St. and 19th Ave and is expected to open in 2017. "We continue to experience strong momentum in br...
