Gencom-Led JV Buys InterContinental in Downtown Miami for $300M
Friday, October 30, 2026 · first reported by Commercial Observer
Gencom and White Bridge Capital have bought the InterContinental Miami hotel for about $300 million, according to Bloomberg as cited by Commercial Observer. The seller is China's Dajia Insurance Group, which had held the property since 2005 and recently renovated it.
The 34-story, 652-room hotel stands at 100 Chopin Plaza on Biscayne Bay. Built in 1983, the 465,000-square-foot building has about 90,000 square feet of event space and a rooftop pool. Gencom bought the InterContinental New York Times Square for $230 million nearly a year ago.
- Firm
- Gencom
- Also named
- White Bridge Capital, Dajia Insurance Group
- Deal value
- $300M
- Asset class
- Real estate, GP stakes
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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