Gencom and GD Holdings Secure $125 Million Refinancing for The St. Regis Chicago with Banco Inbursa
🏨 Gencom and GD Holdings, in May 2023, refinanced The St. Regis Chicago in Lakeshore East Loop for $125 million, replacing $76 million from Varde Partners. Banco Inbursa arranged this, marking Gencom's fourth deal with them. The St. Regis occupies 11 floors of a 101-story development, offering 192 rooms, 12,000 sq. ft. of event space, and 21,000 sq. ft. of amenities. Additionally, five dining venues cover 38,000 sq. ft. with 580 seats.
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