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Gencom, an international owner and developer of hospitality and residential properties, announced the sale of etc.venues, the established leader in urban-day conferencing with more than 500,000 square feet of space over 13 England-based and three New York-based venues, to Convene. The buyer hospitality company designs, builds and manages premium meeting and event spaces as well as flexible office spaces for organizations. 

Gencom, an international owner and developer of hospitality and residential properties, announced the sale of etc.venues, the established leader in urban-day conferencing with more than 500,000 square feet of space over 13 England-based and three New York-based venues, to Convene. The buyer hospitality company designs, builds and manages premium meeting and event spaces as well as flexible office spaces for organizations. 

Affiliates of Gencom, an international owner and developer of hospitality and residential properties, and Corten, a Mid-Atlantic based private real estate investment fund manager, today announced the closing of a strategic venture with Provenance Hotels, an independent owner of boutique hotels.

Provenance Hotels (Provenance) and affiliates of Gencom, a leading domestic and international investment and development firm, today announced the formation of a special purpose hospitality venture, GenPro. As part of the venture, Provenance will contribute various hotels it owns throughout the United States, along with cash, and the Gencom affiliate will contribute cash. Jointly led by Provenance’s Founder and Chairman, Gordon Sondland, and Gencom Founder, Karim Alibhai, the venture will seek to expand through future acquisitions and/or redevelopment opportunities.

Press release content from Business Wire. The AP news staff was not involved in its creation.