Lam Group
202 Centre Street, 6th Floor New York, NY 10013
People:
Lam Group portfolio
$400.3 million – hotel 76.0%, elevator 21.0%; Manhattan 85.0%, Brooklyn 14.0%
155th largest portfolio by dollar value
1,432,846 sqft – hotel 69.0%, elevator 27.0%;
226th largest by SF
13 properties – Manhattan 84%, Brooklyn 15%
144th largest
192 residential units – Manhattan 100.0%, Bronx 0.0%
607th largest by residential units
Company Activity past 24 months:
Buyer company: 1 for $19.2 million
Seller company: 2 for $8.3 million
Borrower company: 5 for $370.1 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Shanghai Commercial Bank (4), Investors Bank (1), East West Bank (1), Deutsche Bank (1), H.I.G. Capital (1), Bank Hapoalim (1), Harlem Community Development Corporation (1), Qi Gui Zheng (1), Liuyun Lin (1), Flushing Bank (1)
Top Ten Associated People:
Nim Chi Lau (2), Timothy Chan (1), Aaron Fong (1), Daniel Penn (1), Matt Smith (1), Steven Schwartz (1), Guan Yuan Xie (1), Mimi Vu (1), Benjamin Azizi (1), Curtis L. Archer (1)
Latest Stories:
• Qi Gui Zheng pays $6M to Lam Group for retail in Bensonhurst (July 18, 2024)
• Lam Group, Exact Capital sign $148M refi loan with Aareal Capital in Harlem (July 12, 2024)
• Lam Group signs $41M refi loan with Bank Hapoalim for hotel in Downtown Brooklyn (April 23, 2024)
• Lam Group signs $85M refi for hotel in Downtown Brooklyn, gets $22.5M gap loan (February 19, 2024)
• Webster Apartments pays $42.2M to Lam Generation for hotel in Downtown Brooklyn (June 07, 2023)
• Lam Group borrows $27M from Flushing Bank for hotel in Brooklyn Heights (October 03, 2019)