Bhavesh Lad
Managing Principle
Spark Hotels
33095 Bainbridge Rd Solon, OH 44139
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Spark Hotels NYC portfolio
$41.3 million -hotel 100%; Manhattan 100%*
2593th largest portfolio by dollar value
34,690 sqft – hotel 100%; Manhattan 100%
4223th largest by SF
Person Activity past 24 months:
Buyer signatory: 1 for $39.9 million
Borrower signatory: 1 for $31.1 million
Top Ten Associated Companies:
Wells Fargo (1), Lam Group (1)
Top Ten Associated People:
Denise Crouch (1), Jeffrey Lam (1)
Recent activity as signatory:
• Spark Hotels borrowed $31.1 million from Wells Fargo for 23 West 37 Street on May 27, 2026.
• Lam Group sold 23 West 37 Street for $39.9 million to Spark Hotels on May 27, 2026.