Lam Generation
People:
Lam Generation portfolio
$104.1 million – hotel 91%, retail 7%; Manhattan 98%, Queens 1%
527th largest portfolio by dollar value
339,662 sqft – hotel 85%, retail 12%;
816th largest by SF
6 properties – Manhattan 66%, Queens 33%
151th largest
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 1 for $42.2 million
Borrower company: 2 for $142 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Investors Bank (1), Magna Hospitality Group (1), Webster Apartments (1), Metropolitan Commercial Bank (1), MetLife (1), Gary Tse (1), Shanghai Commercial Bank (1), East West Bank (1), Ditmars Associates (1)
Top Ten Associated People:
Roy J. Bernstein (1), Dennis Graham (1), Ross Dahman (1), Justin Besspiata (1)
Latest Stories:
• Magna Hospitality signs $105M refi with Wells Fargo for hotel in Chelsea (October 23, 2024)
• Lam Generation signs $120M refi loan with MetLife for hotel in Chelsea (November 07, 2023)
• Webster Apartments pays $42.2M to Lam Generation for hotel in Downtown Brooklyn (June 07, 2023)
• Jeffrey Lam of Lam Generation pays $29M for bankrupt property in Chinatown (April 23, 2020)
• Lam Generation pays $7M to Ditmars Associates for property in Astoria (April 17, 2020)
• Lam Group borrows $27M from Flushing Bank for hotel in Brooklyn Heights (October 03, 2019)