Karim Alibhai started his career in the hospitality industry over 35 years ago. In 1987 he became the founder and principal of Gencom, one of the leading real estate investment and development firms with a focus on the acquisition, development and management of luxury mixed-use hotels and resorts with some residential components.
Over his career, Mr. Alibhai has led the company through more than 150 hotel transactions with over $3 billion in funding from large investors.
Gencom currently focuses on luxury brands including Ritz-Carlton, Four Seasons, Rosewood, and Hyatt properties in cities in the US such as Miami, Philadelphia, and Colorado, and internationally in Costa Rica and Bermuda, as well as in countries across the Americas, Europe and the Caribbean.
Mr. Alibhai remains passionate about hospitality and real estate development and sees with pride all the achievements of the company.
“I just love this business, especially taking something and making something out of it,” he said. “We want to make a difference and do something special with what we invest in.”
Karim Alibhai spoke with Miami Today reporter Gabriela Henriquez Stoikow.