The hotel traded for between $300 million and $310 million and Gencom secured  $230 million of financing for the purchase.

Financing for renovations at the Fairmont Southampton has closed, Westend Properties announced yesterday. Alessandro ...

Real estate investment firm Gencom paid $308 million to acquire the 42-story hotel at 119 West 56th Street from GFI Capital ...

The 42-storey property, which recently carried out an extensive revamp, is Gencom's maiden venture in New York City.

Gencom is entering the New York City market with a hotel acquisition of Thompson Central Park. The 42-story 587-key property ...

Investment firm Gencom has acquired the 587-room Thompson Central Park Hotel in New York City. Ramsfield Hospitality Finance, ...

To release certain records related to Gencom held by the Ministry of Finance headquarters would impact negotiations with the ...

Westend Properties announced that the “financing for the renovation of Bermuda’s iconic Fairmont Southampton has closed today” and “capitalisation for the entire Southampton project is estimated at ...

Twenty-seven people were arrested by the FBI and face charges of trafficking cocaine, including John Robert Strama Jr., the ...

Ripco Real Estate added commercial real estate and banking veteran Michael Winter as a partner to its debt and structured ...