Gencom-Led JV Buys InterContinental in Downtown Miami for $300M

Gencom-Led JV Buys InterContinental in Downtown Miami for $300M

Gencom and White Bridge Capital bought the waterfront InterContinental Miami hotel, paying about $300 million, Bloomberg reported.  The 34-story property features 652 rooms at 100 Chopin Plaza, facing Biscayne Bay, right off of Biscayne Boulevard, sitting just south of the Brickell district. The 465,000-square-foot building was constructed in 1983, and it houses about 90,000 square […]

Gencom-Led Partnership Acquires the InterContinental Miami

MIAMI--(BUSINESS WIRE)--Gencom, a U.S.-based investment firm that owns and develops prized real estate around the world, in partnership with Miami-based White Bridge Capital, announces the acquisition of the iconic InterContinental Miami, a 652-room waterfront hotel and longtime fixture of the Downtown Miami skyline located at 100 Chopin Plaza. Situated at the confluence of the Miami River and Biscayne Bay, the property is one of the city’s most…

Gencom Buys InterContinental Miami

The deal, in partnership with White Bridge Capital, is reported to be worth roughly $300M.

Gencom Acquires InterContinental Miami With White Bridge Capital

Gencom and White Bridge Capital acquired the 652-room InterContinental Miami. The price was not disclosed, although reports estimate approximately $300 million. The deal expands Gencom’s luxury hospitality holdings in South Florida. Continue Reading Gencom, White Bridge Capital Acquire 652-Room InterContinental Miami