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

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

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

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

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

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

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 ...

TIME's senior sports correspondent Sean Gregory tries his hand at several Olympic sports while learning from Olympians. Subscribe now to get unlimited access to TIME.com and more! Tidal action ...

September 19, 2024 • The Los Angeles Dodgers star reached the 50-50 milestone in his 150th game. He was already the sixth player in MLB history and the fastest ever to reach 40 home runs and 40 ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...