Mazabi y Panghea Capital compran el 25% del InterContinental New York Times Square
💸 Mazabi Gestión de Patrimonios, who? with Panghea Capital Partners, acquired 25% of InterContinental New York Times Square, where? in Manhattan, New York. The hotel, what? has 607 rooms and opened in 2010. Highgate holds 50% and Gencom 25%. Post-acquisition, how? a $30 million investment aims to enhance the hotel by 2027, potentially valuing it at $425 million. Highgate will operate the hotel, and Gencom will manage the project.
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