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Gencom reacquires majority stake in Miami’s Ritz-Carlton Coconut Grove
Yahoo Finance· 2026-01-06 09:21
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Dive Brief: Affiliates of Miami-based investment firm Gencom have reacquired a majority interest in the 115-key Ritz-Carlton Coconut Grove hotel in Miami, the firm announced in late December. Financial terms of the transaction were not disclosed. A Gencom-led joint venture first acquired The Ritz-Carlton Coconut Grove in 2011 and sold a majority stake in the propert ...