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Gencom finances Ritz-Carlton Coconut Grove acquisition with M loan 
Business

Gencom finances Ritz-Carlton Coconut Grove acquisition with $12M loan 

January 6, 2026January 6, 2026

Gencom is retaking full ownership of the Ritz-Carlton Coconut Grove. An affiliate of Miami-based Gencom, led by Karim Alibhai, bought partner Hersha Hospitality Trust’s majority

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