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Thor Equities information


Thor Equities
Company typePrivate Ownership
IndustryPrivate Equity
Founded1986; 38 years ago (1986)
FounderJoseph Sitt
HeadquartersNew York City, New York, United States
Area served
Worldwide
ProductsReal estate, Hotels, Shopping Centers, Retail, Mixed Use
Total assets$10 billion [1]
Websitewww.thorequities.com

Thor Equities is a real estate development, leasing and management firm, with headquarters in New York City, London and Mexico City.[2] Thor Equities owns property in the United States, Canada, Europe, Russia, India and Latin America, including London's historic Burlington Arcade and the Palmer House Hilton.[3][4][5] In New York City, Thor owns retail, office and residential properties on Fifth Avenue and Madison Avenue as well as in SoHo, Flatiron, the Meatpacking District, and Brooklyn including Coney Island. Thor also has investments in major U.S. cities including San Francisco's Union Square; Georgetown in Washington, D.C.; Robertson Boulevard in West Hollywood; Collins Avenue; Lincoln Road; Wynwood and the Design District in Miami.[6] Thor offers investment vehicles for institutional investors through its Thor Urban Property Funds.[7] Thor Equities also has several subsidiary companies including retail advisory and tenant representation firm Thor Retail Advisors.[8]

  1. ^ "Thor Equities".
  2. ^ "Company Overview of Thor Equities, LLC". Businessweek. Archived from the original on April 10, 2013. Retrieved 2 April 2013.
  3. ^ Boston, William (2010-10-22). "U.S. Investor to Buy Burlington Arcade". Wall Street Journal. The Wall Street Journal. Retrieved 15 August 2016.
  4. ^ "Thor Equities Acquires Retail Space in Montreal". WWW.com. 2015-02-27. Retrieved 15 August 2016.
  5. ^ "Palmer House owner scores big payout in $420 million refinancing". Chicago Real Estate Daily. Retrieved 15 August 2016.
  6. ^ "Exclusive: N.Y. developer unveils plans for massive Kirby mixed-use (Video)". Houston Business Journal. Retrieved 15 August 2016.
  7. ^ Cite error: The named reference Thor Urban Property Funds was invoked but never defined (see the help page).
  8. ^ "ThorEquities.com homepage". ThorEquities.com. Thor Equities. Retrieved 2 May 2013.

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"Thor Buys Hilton's Palmer House". Los Angeles Times. Bloomberg News. August 17, 2005. Retrieved 2017-10-06. Thor Equities ...said it had bought the Palmer...

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on the dollar respectively. In late 2007, Joseph Sitt, founder of Thor Equities, introduced Macklowe to an investment firm named CMZ Ventures. The letters...

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developers based in New York: Boston Properties Durst Organization Extell Development Company Silverstein Properties The Trump Organization Thor Equities...

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movie theater also opened on the site of the former Leggett/Belk. Thor Equities bought the mall in 2002 and renamed it The Gallery at Military Circle while...

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City based Thor Equities announced the acquisition of the 387,546 square foot Centro Gran Caribe mall in Vega Alta, for $61.5 million. The mall, located...

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The Gallery at South DeKalb, formerly South DeKalb Mall, is a shopping mall owned by Thor Equities. The mall is located at the intersection of Candler...

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Burlington Arcade

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In 2010, Thor Equities and Meyer Bergman acquired the property for £104 million. The owners hired architect Michael Blair to restore the arcade. In...

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Macomb Mall

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continued to manage the mall until 2004, when it was put on the market. Thor Equities acquired the mall that year. Value City closed its store in March 2008...

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Row NYC Hotel

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Thor Equities, led by Joseph Sitt, agreed to buy the Milford Plaza's commercial condominium in 2013. The sale was finalized in April 2014, when Thor paid...

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and developer Joseph Sitt (1964–), real estate investor, founder of Thor Equities and plus size women's clothing company Ashley Stewart, Inc. Albert H...

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CocoWalk

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many of the retail chains, combined with its relatively small format, lessened the appeal for shoppers. In 2004, Thor Equities purchased the mall for...

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Astroland

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much of the park, but they were able to rebuild. On November 28, 2006, Astroland was sold by the Albert family for US $30 million to Thor Equities, which...

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