CIM Group uses credit bid to take Goodtime Hotel for $100 in foreclosure auction

CIM Group uses credit bid to take Goodtime Hotel for $100 in foreclosure auction
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Five years after opening the Goodtime Hotel with a celebrity-studded party, Eric Birnbaum and Michael Fascitelli lost the marquee South Beach property to the lender. Los Angeles-based CIM Group, through an affiliate, won the foreclosure auction of the hotel on Wednesday morning, a month after obtain