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Gencom's Karim Alibhai with St. Regis Chicago

Gencom, GD Holdings score $125M refi for St. Regis Chicago hotel

Miami and Denver investors pulled out $49M in equity with a new loan from Banco Inbursa for the 192-key Loop property

GD Holdings pays Magellan $117M for unsold St. Regis condos

GD Holdings pays Magellan $117M for unsold St. Regis condos

Dozens of units yet to be purchased by individual buyers now under control of Denver-based firm that bought hotel within building last year

The St. Regis Chicago, Gencom’s Alessandro Colantonio (Gencom, Rgottlieb310/CC BY-SA 4.0/via Wikimedia Commons, Getty)

St. Regis Chicago hotel fetched $134M

Deal is one of city’s largest-ever hotel sales, with a near-record price per room

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