Lam Group's 6 Platt St Hotel In FiDi Acquired For $67.5M By Investors Bank

The Lam Group has closed on the purchase of a hotel located at 6 Platt St in the Financial District (FiDi) market. The transaction was completed on July 19, 2019. The property, owned by Lam Group, was sold for a total of $67,500,000. The hotel is an asset type in the real estate market.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $67,500,000
• Date: July 19, 2019
• Address: 6 Platt St
• Market: FiDi

The financing for this transaction was provided by Investors Bank. Jeffrey Lam and John Lam represented Lam Group in the deal as the company's representatives.