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Miami Firms Buy InterContinental Hotel for About $300 Million

Bloomberg Markets Friday 30 October 2026, 16:22 UTC By Daniel Cancel 1 min read
Key Points

EXCLUSIVE Miami Firms Buy InterContinental Hotel for About $300 Million Gencom and White Bridge Capital bought the InterContinental hotel in downtown Miami, marking the companies’ third joint hospitality deal in the past year. The property was sold by Strategic Hotels & Resorts, an entity owned by China’s Dajia Insurance Group. The price, which wasn’t disclosed in a statement, was about $300 million, according to a person familiar with the matter who asked not to be identified discussing...

EXCLUSIVE Miami Firms Buy InterContinental Hotel for About $300 Million Gencom and White Bridge Capital bought the InterContinental hotel in downtown Miami, marking the companies’ third joint hospitality deal in the past year. The property was sold by Strategic Hotels & Resorts, an entity owned by China’s Dajia Insurance Group. The price, which wasn’t disclosed in a statement, was about $300 million, according to a person familiar with the matter who asked not to be identified discussing private information.
Miami Firms Buy InterContinental Hotel (ORG) White Bridge Capital (ORG) InterContinental (ORG) Miami (LOCATION) Strategic Hotels & Resorts (ORG) China (LOCATION) Dajia Insurance Group (ORG)
Originally published by Bloomberg Markets Read original →

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