Richard Lou
Ceo
Founder
Palette Hotels
107 E Broadway, 6th Fl, New York, NY 10002
P.O. Box 973018, El Paso, TX 79997
Palette Hotels|LCRE Group NYC portfolio
$136.2 million -hotel 100%; Manhattan 80%, Queens 19%*
1237th largest portfolio by dollar value
171,411 sqft – hotel 100%; Manhattan 81%, Queens 18%
1732th largest by SF
2 properties – Manhattan 50%, Queens 50%
3629th largest
Other Links:
Notes
Richard Lou is an executive with both Palette Hotels and LCRE Group.
Person Activity past 24 months:
Buyer signatory: 1 for $25.5 million
Borrower signatory: 2 for $102.4 million
Top Ten Associated Companies:
Taconic Capital Advisors (1), Hanmi Bank (1), Wells Fargo (1)
Top Ten Associated People:
Erin Rota (1), Eunice Eunyoung Nam (1), John G. Nicol (1)
Recent activity as signatory:
• Palette Hotels and LCRE Group borrowed $82.4 million from Wells Fargo for 37 Fletcher Street on December 15, 2025.
• Taconic Capital Advisors sold 42-51 11 Street for $25.5 million to Palette Hotels on November 18, 2025.
• Palette Hotels borrowed $20 million from Hanmi Bank for 42-51 11 Street on November 18, 2025.