Gencom-Led Venture Secures Refinancing for The St. Regis Chicago
MIAMI, Florida—A joint venture led by Gencom, in partnership with GD Holdings, announced that it has secured a $125 million refinancing for the 192-key The St. Regis Chicago. The financing was arranged with Banco Inbursa. The new loan replaces $76 million in original acquisition financing provided by Varde Partners. Gencom & GD Holdings were represented in the transaction by Stearns Weaver Miller as its legal counsel, while Banco Inbursa was advised by Gibson Dunn. Gencom and GD […]
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