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 obtaining a $204.7 million foreclosure judgment in May, according to Miami-Dade County court records. The county clerk’s foreclosure auctions website shows 601 Washington Ave (FL) Owner LLC, an entity tied to CIM Group, won the property with a $100 bid.  As the lender that already won a foreclosure judgment, CIM used its right to credit […] This article originally appeared on The Real Deal. Click here to read the full story.