Chung Lam
Owner
Chung Lam NYC portfolio
$38.6 million -development 73%, industrial 26%; Queens 100%*
2554th largest portfolio by dollar value
23,095 sqft – industrial 100%; Queens 100%
4717th largest by SF
2 properties – Queens 100%
3802th largest
80 residential units – Queens 100%
2056th largest by residential units
4 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Borrower signatory: 1 for $21.4 million
Developer (new building or major alteration): 4 for 4,240 square feet
Top Ten Associated Companies:
Popular Bank (1), Man Lam (1), Xiaojun Pan (1)
Top Ten Associated People:
Travis Schelhorn (1), Man Lam (1), Xiaojun Pan (1)
Recent activity as signatory:
• Chung Lam borrowed $21.4 million from Man Lam for 148-18 Hillside Avenue on December 31, 2024.
• Chung Lam filed plans for new building for 14,817 sqft in Borough Park, Brooklyn, on July 24, 2023.
• Chung Lam borrowed $21.4 million from Popular Bank for 148-18 Hillside Avenue on March 28, 2022.
• Chung Lam sold 31-16 Linden Place for $7.7 million to Xiaojun Pan on January 22, 2021.
Latest Stories:
• Lam Group signs $40M refi for Chelsean Hotel in Chelsea (February 05, 2025)
• Chung Lam signs $21.4M refi for 80-unit rental in Jamaica (January 21, 2025)
• Maverick acquires two Flushing buildings valued at $6.4M through foreclosure (July 31, 2023)
• Xiaojun Pan pays $7.7M to Chung Lam for hotel in College Point (February 10, 2021)
• California-based J&C International buys 61-unit bankrupt Flushing development (October 07, 2020)
Court Records:
