Kin Chung Lam

(John Lam)

Lam Group

Owner

202 Centre Street, 6th Floor New York, NY 10013

Lam Group portfolio

$400.3 million* – hotel 76.0%, elevator 21.0%; Manhattan 85.0%, Brooklyn 14.0%

164th largest portfolio by dollar value

1,432,846 sqft – hotel 69.0%, elevator 27.0%;

234th largest by SF

13 properties – Manhattan 84%, Brooklyn 15%

657th largest

192 residential units – Manhattan 100.0%, Bronx 0.0%

927th largest by residential units

Person Activity past 24 months:

Buyer signatory: 1 for $19.2 million

Seller signatory: 4 for $52.6 million

Borrower signatory: 7 for $558.1 million

Developer (new building or major alteration): 1.0 for 0 square feet

Top Ten Associated People:

Nim Chi Lau (2), Jennifer K. S. Lee (1), Timothy Chan (1), Roy J. Bernstein (1), Bentley Shang Zhao (1), Aaron Fong (1), Daniel Penn (1), Matt Smith (1), Steven Schwartz (1), Guan Yuan Xie (1)

Recent activity as company:

Lam Group borrowed $40 million from Metropolitan Commercial Bank for 160 West 25th Street, Chelsea, Manhattan on February 04, 2025.

Lam Group sold 7500 5th Avenue, Bay Ridge, Brooklyn for $2.3 million to Jin Wu Liu on October 28, 2024.

Lam Group sold 6701 18th Avenue, Bensonhurst, Brooklyn for $6 million to Qi Gui Zheng and Liuyun Lin on July 17, 2024.

Lam Group and Exact Capital Group borrowed $148 million from Aareal Capital for 233 West 125th Street, 233 West 125th Street, 233 West 125th Street, 233 West 125th Street, and 233 West 125th Street, Harlem, Manhattan on July 11, 2024.

Harlem Community Development Corporation sold 233 West 125th Street, 233 West 125th Street, 233 West 125th Street, and 233 West 125th Street, Harlem, Manhattan for $19.2 million to Lam Group on April 24, 2024.

Lam Group borrowed $41 million from Bank Hapoalim for 216 Duffield Street, Downtown Brooklyn, Brooklyn on April 22, 2024.

Lam Group borrowed $85 million from Deutsche Bank for 222-228 Duffield Street, Downtown Brooklyn, Brooklyn on February 16, 2024.

Lam Group borrowed $108.4 million from H.I.G. Capital for 222 Duffield Street and 160 West 25th Street, Downtown Brooklyn, Brooklyn on January 29, 2024.

Lam Group borrowed $42.5 million from East West Bank for 216 Duffield Street, Downtown Brooklyn, Brooklyn on November 22, 2023.

Lam Group borrowed $93.2 million from Shanghai Commercial Bank for 215 Pearl Street, Financial District, Manhattan on November 16, 2023.

Latest Stories:

• Lam Group signs $40M refi for Chelsean Hotel in Chelsea (February 05, 2025)

• 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 pays $19.2M in long-planned transaction for hotel, rental condo units in Harlem (April 25, 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)

• Lam Group signs $42.5M loan modification with East West Bank for hotel in Downtown Brooklyn (November 27, 2023)

• Webster Apartments pays $42.2M to Lam Generation for hotel in Downtown Brooklyn (June 07, 2023)

• Lam Group signs $22.5M refi loan with Shanghai Commercial Bank for office in Little Italy (September 14, 2022)

• JSW Realty pays $6.8M for mixed-use in Chinatown (August 31, 2022)

Court Records:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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