Artificial Intelligence
Builders Company
Developers/Thor Equities Group
TE
Thor Equities GroupNew York, United States · founded 1986 · 5 active markets
PRIVATE

Thor Equities develops, acquires, leases, and manages urban real estate for institutional investors and tenants worldwide. Its portfolio spans data centers, logistics, life-science, hospitality, mixed-use, residential, retail, and luxury resort communities across key markets in the United States, Europe, and Latin America.

Years in business
40
founded 1986
LinkedIn headcount
138
employees, as shown on LinkedIn · size band 51–200
Portfolio value
USD 20 billion portfolio value
as the company states it
Assets under management
USD 20 billion assets under management
November 18, 2021
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Thor Equities, LLC1
Headquarters
25 West 39th St.1, New York1, United States
Founded
19861
Entity type
PRIVATE1
Business model
commercial1, mixed use1, other1
Markets
5 markets listed
What they build
Industrial (4 of 9) · Retail (3 of 9) · Hotel (1 of 9)
Full dossier in About →

Delivery record

2 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+9.3 mo
the middle of 2 scored projects
Average delay
+9.3 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+12.0 mo
280 Richards Street · +1.0 to +23.0
0
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
0
red rows below

Against other developers

2 date-assessed projects here
Not enough info yet.
Projects and timelines in Track Record →

Resident experience

6 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.3/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Little structure evidence (1 of 6 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 1 of 6 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 6 of 6 rated buildings

Against other developers

6 rated here · 270 developers, 1382 rated buildings in United States
Overall rating
Thor Equities Group · 270 other developers in United States
7.3 vs 7.8
this developer 0.5 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1382 in the market.
Structure & systems
Thor Equities Group · 270 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (1 of 6)
Fabric and engineering only — fixed at handover. From 1 of 6 rated buildings here and 587 in the market.
Management & living
Thor Equities Group · 270 other developers in United States
7.3 vs 7.4
this developer 0.1 worse
Upkeep and response — belongs to whoever runs the building now. From 6 of 6 rated buildings here and 1327 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Default in 2020; receiver appointed in June 2023; reported September 8, 2023 A court-appointed receiver and lender alleged that Thor defaulted on the Scribner Building and adjacent 3 East 48th Street after 2020, effectively abandoned the properties, and left them with major repair needs; a foreclosure suit alleged approximately $124 million owed. These are reported allegations and proceedings, not a finding that every allegation was proved.
  • FINANCIAL DISTRESS Payment default reported December 2024; foreclosure action reported February 2025; reported June 4, 2025 Thor stopped making payments on the loan secured by two East Harlem buildings, sending the debt into special servicing; lenders subsequently moved to foreclose and a judge appointed a receiver. The related fire-alarm dispute was described as a lawsuit that had since been resolved.
  • SAFETY / LABOUR Alleged problem from September 2022; lawsuit filed December 18, 2024; case status reported closed/dismissed AHRC NYC alleged that a fire-alarm system at Thor’s 2080 Lexington Avenue property remained nonfunctional for more than two years, creating safety concerns for a facility serving 125 people with intellectual and developmental disabilities; the lawsuit was later reported as closed and dismissed.
  • 4 more in Risk & Sources
Record status
active
Company sources
148 source entries across 142 fields
Projects tracked
10 · 9 completed in assessment
All flags and sources →

Track Record

Delivery record

2 date-assessed of 9 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
9
within the rolling ten-year window
Median delay
+9.3 mo
the middle of 2 scored projects
Average delay
+9.3 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+12.0 mo
280 Richards Street · +1.0 to +23.0
0
early or less than 6 months late
6 to 12 months late
2
yellow rows below
Over 12 months late
0
red rows below

Against other developers

2 date-assessed projects here
Not enough info yet.

Construction start to handover

9 of 9 projects dated · 9 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Apodaca, Mexico
Riviera Nayarit, Mexico
Passaic, United States
Zapopan, Mexico
Schaumburg, United States
Tijuana, Mexico
Paris, France
San Luis Potosí, Mexico
Brooklyn, United States
201920202021202220232024202520262027todayAPODACA, MEXICO+6.5 moverifiedRIVIERA NAYARIT, MEXICO+9 moestimatedPASSAIC, UNITED STATEScompleted, no target publishedZAPOPAN, MEXICO+16.5 moestimatedSCHAUMBURG, UNITED STATES+6.5 moestimatedTIJUANA, MEXICOcompleted, no target publishedPARIS, FRANCE+0.5 moestimatedSAN LUIS POTOSÍ, MEXICOcompleted, no target publishedBROOKLYN, UNITED STATES+12 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 3 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

6 of 9 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.3/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Little structure evidence (1 of 6 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.8/ 10
Fabric, services, waterproofing, envelope · from 1 of 6 rated buildings
Management & living
7.3/ 10
Upkeep, response times, amenities, community · from 6 of 6 rated buildings

Against other developers

6 rated here · 270 developers, 1382 rated buildings in United States
Overall rating
Thor Equities Group · 270 other developers in United States
7.3 vs 7.8
this developer 0.5 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1382 in the market.
Structure & systems
Thor Equities Group · 270 other developers in United States
— vs 6.9
Too few buildings with this score here to compare (1 of 6)
Fabric and engineering only — fixed at handover. From 1 of 6 rated buildings here and 587 in the market.
Management & living
Thor Equities Group · 270 other developers in United States
7.3 vs 7.4
this developer 0.1 worse
Upkeep and response — belongs to whoever runs the building now. From 6 of 6 rated buildings here and 1327 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

6 rated · 3 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
The Park San Luis Potosí – shopping centerSan Luis Potosí
8.5/ 10
—/ 10
8.5/ 10

The Google Reviews/Maps aggregate of 4.5/5 from 2,606 reviews sets the level and converts to 8.5/10 under the requested curve. The written sample is consistently positive, while the isolated observations about price, unfinished storefronts and elevator provision do not qualify as recurring complaints or justify an adjustment.

+ Convenient structural flow+ Ample parking
+ Modern setting+ Many shops and restaurants+ Cinema and entertainment+ Pet- and kid-friendly+ Safe area and parking
− Some remaining coming-soon units− High prices− Limited elevators for handicapped visitors

One review described the mall’s “structural flow” as convenient and noted “a bunch of parking space.” No published review evidence located here reports failures involving the framework, plumbing, HVAC, electrical systems, leaks or waterproofing; a separate review did mention that more elevators would help handicapped visitors, but that was a single accessibility comment rather than a recurring structural complaint.

Reviews describe a “very modern shopping mall,” “lots of shops and things to do,” and good restaurants and movie theatre; another says it is “Pet and kids friendly.” The reported drawbacks were that the mall could be “very expensive,” still had “several ‘coming soon’ spots,” and “could do with more elevators” for handicapped visitors; these are individual observations, not recurring complaint themes.

The Shops at Landmark TijuanaZona Río, Tijuana
8.0/ 10
—/ 10
8.5/ 10
Apple Maps / Foursquare 100/100, 100/100 · 12 reviews · maps.apple.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.5.

Google’s 4.4/5 from 457 reviews is the largest review base and converts to 8.2/10, setting the level. The score is reduced to 7.7 for the reported power-outage disruption and resident-reported infrastructure and administration problems, while the many positive comments support but do not replace the anchor.

− Resident-reported incorrect commercial transformers for residential use− Higher electricity charges reported by residents− Missing fire extinguishers reported− Resident-reported parking compliance deficiencies
+ Restaurant variety+ Clean and modern common spaces+ Open-air layout+ Visible security+ Family and entertainment amenities
− Power-outage disruption− Unfriendly staff complaint− Expensive parking− Visitor-parking shortage reported by residents− Communication and response concerns reported by residents

No review platform published a building-fabric or systems sub-score. A February 2025 report records residents alleging commercial rather than residential transformers, higher electricity charges, continuously lit common areas, missing fire extinguishers and parking-compliance problems; these are reported allegations, not independently verified engineering findings.

Daily-use reviews are mostly favorable: one visitor called Landmark a “go-to shopping center” with good restaurants, a clean modern walk-through and visible security, while another praised the open areas, restaurants and cinemas. The main direct operational complaint said a power outage barred access while parking was still charged and called the staff “unfriendly”; separate 2025 reporting says residents alleged poor response and communication over administration and parking issues.

TU Park Apodaca IApodaca3 units
7.8/ 10
—/ 10
7.5/ 10

The largest published rating is Google Reviews/Maps at 4.7/5 from 6 reviews, which converts to 8.8 before the low-review-base constraint. Because no platform reaches 10 reviews, the reported overall score is constrained to 7.5; current operational reporting supports an operating, serviced industrial asset, but there is no basis for a separate structure score or a stronger resident-lifestyle conclusion.

+ Three industrial buildings in operation+ Water service+ Electricity service+ Natural gas service+ Internet service
− Construction reported in one review
+ Open and operating+ Full occupancy reported+ Strategic airport connectivity
− One review noted low current activity
Not found in sources: Limited resident-style feedback

The published operational descriptions report three completed industrial buildings with water, electricity, natural gas and internet available for users, plus a solar-energy program. One Google review nevertheless described it as “Parque en construccion”; that review was dated October 29, 2024, before the January 2026 reported opening, so it is historical rather than a current condition finding.

The available review text is sparse and mixed: one reviewer wrote “At some point Ill be with a lot of people but not now,” suggesting the site still felt lightly occupied at the time of the February 2026 review. Current reporting dated October 14, 2026 says all 450,000 square feet had been committed to two international companies, but that is an occupancy/commercialization update—not a resident-service rating.

Siari, a Ritz-Carlton ReserveNauka, Riviera Nayarit91 units
7.7/ 10
7.8/ 10
7.5/ 10
Tripadvisor 4.8/5, 4.8/5, 4.8/5, 4.8/5, 4.8/5 · no review count · tripadvisor.co.uk
Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.5.

Tripadvisor’s 4.4/5 aggregate from 13 reviews is the largest published scored review base located and converts to 7.8/10 under the requested curve. The score remains close to that anchor because strong repeated praise for staff, setting, rooms and food is balanced by opening-period service inconsistency and construction reports; the evidence is guest-based rather than resident-based, so confidence about a residential year-round experience is limited.

+ Excellent room design and hard product+ Spacious bathrooms and terraces+ Good shower pressure and temperature+ Quiet rooms with no reported sound bleed+ Well-integrated natural materials and landscaping
− Ongoing construction− One report of shower-water escape− Limited terrace space for loungers− Hilly terrain makes walking difficult for some guests
+ Warm and attentive staff+ Personalized Yakana/butler service+ Strong security arrangements+ Beautiful pools and beach+ Quiet and private atmosphere
− Inconsistent early-stage service− Housekeeping delays reported− Limited dinner choice− High food and beverage prices− Spa privacy concern reported

Reviewers generally describe the physical product as excellent: one called the room layout “thoughtfully designed,” while another reported “ZERO wall/floor ‘sound bleed’” and good shower pressure and temperature. The main physical caveats are ongoing construction and one bathroom report that “water from the shower tends to flow out into the main area”; the hilly site can also make movement on foot challenging, although golf carts are available.

The strongest operational praise is for staff and personalized service: guests repeatedly describe Yakanas and restaurant/pool teams as warm, attentive and proactive, with one review saying staff “anticipated every detail.” Countervailing feedback says service was “friendly and well-intentioned, but inconsistent,” while another guest reported housekeeping taking three hours and limited dining options during the early operating period.

The Landmark ReservePuerta de Hierro, Zapopan228 units
6.6/ 10
—/ 10
6.5/ 10

No se localizó una calificación agregada publicada para The Landmark Reserve, por lo que el resultado se basa únicamente en los 11 comentarios individuales leídos. Siete fueron positivos, uno negativo y tres mixtos, pero la mayoría trata de arquitectura y precio, no de vivir allí; por eso la cifra se mantiene muy cerca de 6.5 y no se asigna puntuación estructural.

+ diseño arquitectónico atractivo

Los comentarios públicos encontrados hablan de la apariencia, no de la calidad constructiva o del funcionamiento de sistemas: un participante escribió «Ese corte de rayo semintransversal me encantó 9/10» y otro destacó que los diseños eran «elegantes y bonitos». No encontré en las reseñas leídas reportes sobre estructura, filtraciones, plomería, HVAC, electricidad o elevadores.

No encontré reseñas de residentes que describieran la rapidez de la administración, el trato del personal, la seguridad, el mantenimiento de áreas comunes o la experiencia cotidiana. Los comentarios disponibles son de observadores del proyecto y se concentran en el diseño —por ejemplo, «buen gusto mexico»—, no en la operación del edificio.

153 Linden StreetPassaic
5.5/ 10
—/ 10
5.5/ 10

The only published aggregate located for the exact address is 2.7/5 from 3 reviews, but the listing is for a clothing/warehouse business rather than a residential community. Because the review base is below ten, the score is kept within one point of 6.5 as required; there is no separate published residential or structural rating to score.

+ organized warehouse operations
− not open to the public

no notes returned

no links returned

The available address-level feedback concerns warehouse access and organization, not residential living: one reviewer wrote, “It's not open to the public location just a warehouse!”, while another said it was “so organized.” No published resident feedback on management, staff, amenities, security, or common-area upkeep was located.

Only buildings that have reached handover are rated. 3 of 9 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Thor Equities, LLC
Headquarters
25 West 39th St., New York, United States
10018
Founded
1986
New York City, United States
Entity type
PRIVATE
Revenue
USD 46.1 annual revenue (millions)
Business model
commercial, mixed use, other

Offices

head office and 9 others
LondonMexico CityParisMadridSan FranciscoMiamiHoustonChicagoPortland

Sources: office cities

COMPANYdate not shown in source

Our Portfolio | Thor Equities Global Properties

Thor Equities Group
Thor has satellite offices in Paris, Madrid, San Francisco, Miami, Houston, Chicago, and Portland
value seen: London, Mexico City, Paris, Madrid, San Francisco, Miami, Houston, Chicago, and Portland
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thorequities.com/portfolio/

Partners

13 partners
QuadReal
joint venture
Cushman & Wakefield
partner
Lendlease
contractor
Skidmore, Owings & Merrill (SOM)
contractor
Buildings IOT
operator
Arnaiz
operator
Quark
partner
Frank Hassett
partner
ASB Real Estate Investments
joint venture
Reinsurance Group of the Americas
joint venture
Thorofare Capital
funder
Iron Hound
funder
Morgan Stanley Real Estate Investing
funder

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Global real estate leaders and joint venture partners Thor Equities Group and QuadReal ... announce the topping out of 800 W. Fulton Market.
value seen: QuadReal
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-w-fulton-market-hits-development-milestone/
COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Global real estate leaders and joint venture partners Thor Equities Group and QuadReal ... announce the topping out of 800 W. Fulton Market.
value seen: QuadReal
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-w-fulton-market-hits-development-milestone/
COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Global real estate leaders and joint venture partners Thor Equities Group and QuadReal ... announce the topping out of 800 W. Fulton Market.
value seen: QuadReal
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-w-fulton-market-hits-development-milestone/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
together with leading real estate services firms, Cushman & Wakefield and Lendlease
value seen: Cushman & Wakefield
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-w-fulton-market-hits-development-milestone/
COMPANYdate not shown in source

Partner announcement

Thor Equities Group
together with leading real estate services firms, Cushman & Wakefield and Lendlease
value seen: Cushman & Wakefield
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-w-fulton-market-hits-development-milestone/

Sources: name

PRESSdate not shown in source

Partner announcement

Thorofare Capital
obtained $35.62 million in financing from debt fund manager Thorofare
value seen: Thorofare Capital
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.thorofarecapital.com/press/thorofare-funds-36-million-acquisition-loan-for-long-island-industrial/

Sources: name

PRESSdate not shown in source

Partner announcement

Thorofare Capital
Iron Hound arranged the purchase and renovation loan
value seen: Iron Hound
value paraphrased from this source
https://www.thorofarecapital.com/press/thorofare-funds-36-million-acquisition-loan-for-long-island-industrial/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
in partnership with a fund advised by Morgan Stanley Real Estate Investing
value seen: Morgan Stanley Real Estate Investing
value paraphrased from this source
https://thorequities.com/news/thor-equities-group-and-morgan-stanley-complete-the-sale-of-the-tudor-portfolio-for-303m/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
The project was ... constructed by Lendlease for Thor Equities and QuadReal
value seen: Lendlease
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-fulton-market-chicagos-smartest-building-envisions-a-new-kind-of-workplace/
COMPANYdate not shown in source

Partner announcement

Thor Equities Group
The project was ... constructed by Lendlease for Thor Equities and QuadReal
value seen: Lendlease
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-fulton-market-chicagos-smartest-building-envisions-a-new-kind-of-workplace/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
The project was designed by SOM and constructed by Lendlease for Thor Equities and QuadReal
value seen: Skidmore, Owings & Merrill (SOM)
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-fulton-market-chicagos-smartest-building-envisions-a-new-kind-of-workplace/
COMPANYdate not shown in source

Partner announcement

Thor Equities Group
The project was designed by SOM and constructed by Lendlease for Thor Equities and QuadReal
value seen: Skidmore, Owings & Merrill (SOM)
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-fulton-market-chicagos-smartest-building-envisions-a-new-kind-of-workplace/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Thor engaged Buildings IOT ... to deliver machine learning insights to the property team
value seen: Buildings IOT
value paraphrased from this source
https://thorequities.com/news/thor-equities-800-fulton-market-chicagos-smartest-building-envisions-a-new-kind-of-workplace/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Arnaiz, a local operating partner and specialists in land promotion and development
value seen: Arnaiz
value paraphrased from this source
https://thorequities.com/news/thor-equities-group-launches-thor-digital-and-announces-plans-to-develop-data-center-in-spain-2/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Quark, Madrid’s leading data center engineering company
value seen: Quark
value paraphrased from this source
https://thorequities.com/news/thor-equities-group-launches-thor-digital-and-announces-plans-to-develop-data-center-in-spain-2/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
Frank Hassett (Global Data Center Design), to develop the campus
value seen: Frank Hassett
value paraphrased from this source
https://thorequities.com/news/thor-equities-group-launches-thor-digital-and-announces-plans-to-develop-data-center-in-spain-2/

Sources: name

COMPANYdate not shown in source

Partner announcement

Thor Equities Group
bought out its existing partner, ASB Real Estate Investments
value seen: ASB Real Estate Investments
value paraphrased from this source
https://thorequities.com/news/thor-equities-secures-recapitalization-of-70-ne-39th-street-at-45m-valuation/

Sources: name

PRESSdate not shown in source

Partner announcement

Thorofare Capital
A joint venture between Thor Equities Group and Reinsurance Group of the Americans obtained $35.62 million in financing
value seen: Reinsurance Group of the Americas
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.thorofarecapital.com/press/thorofare-funds-36-million-acquisition-loan-for-long-island-industrial/

Registrations & licences

COMPANY NUMBER2654923
New York Department of State · United States
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

5 countries
United Statesactive 3 projects tracked
United Kingdomactive 0 projects tracked
Franceactive 1 project tracked
Spainactive 0 projects tracked
Mexicoactive 5 projects tracked

What they build

5 types
Industrial4 of 9
Retail3 of 9
Hotel1 of 9
Residential, for sale1 of 9
Mixed use1 of 9
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
JJ
Joseph J. Sitt
Joseph J. Sitt founded Thor Equities in 1986 and remains its Chairman & CEO. His investor-facing focus spans institutional real estate and emerging asset classes; he also leads several affiliated investment and civic organisations.
Current title
Chairman & CEO
since 1986
Experience
no career length stated
Companies before
Ashley StewartThe Children’s PlaceMarianne Stores
Education
New York University
Other boards
Chairman, Thor UrbanaCEO, Thor Retail AdvisorsChairman, Global Gateway AllianceChairman and Managing Principal, Thor Urban Property Funds
Known for
FounderChairman & CEO1986 launchNYU graduate
The greater void was not in real estate, but in retailers serving the customer, particularly urban career women. SternBusiness https://w4.stern.nyu.edu/sternbusiness/spring_2008/sternInCity.html

Sources: institution

PRESSdate not shown in source

LEADERS Interview with Joseph J. Sitt, Founder and Chief Executive Officer, Thor Equities, LLC

LEADERS
He is a graduate of New York University.
value seen: New York University
https://www.leadersmag.com/issues/2013.4_oct/New%20York%20City/LEADERS-Joseph-Sitt-Thor-Equities.html

Sources: full name

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
### Joseph J. Sitt
value seen: Joseph J. Sitt
https://thorequities.com/about/
COMPANYdate not shown in source

Joseph J. Sitt

Source profile · carried by thorequities.com
# Joseph J. Sitt
value seen: Joseph J. Sitt
https://thorequities.com/about/

Sources: other boards

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
In addition to Thor Equities, Joe is also Chairman of Thor Urbana
value seen: Chairman, Thor Urbana
held out of the figures · the quote does not carry this value
https://thorequities.com/about/

Sources: other boards

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
CEO of Thor Retail Advisors
value seen: CEO, Thor Retail Advisors
held out of the figures · the quote does not carry this value
https://thorequities.com/about/

Sources: other boards

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
Chairman of the Global Gateway Alliance
value seen: Chairman, Global Gateway Alliance
held out of the figures · the quote does not carry this value
https://thorequities.com/about/

Sources: other boards

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
Chairman and Managing Principal of Thor Urban Property Funds
value seen: Chairman and Managing Principal, Thor Urban Property Funds
held out of the figures · the quote does not carry this value
https://thorequities.com/about/

Sources: previous companies

PRESSdate not shown in source

SternBusiness

New York University · carried by w4.stern.nyu.edu
In 1991 Sitt founded Ashley Stewart
value seen: Ashley Stewart
https://w4.stern.nyu.edu/sternbusiness/spring_2008/sternInCity.html

Sources: previous companies

PRESSdate not shown in source

SternBusiness

New York University · carried by w4.stern.nyu.edu
after a short stint owning and managing the Children’s Place kids clothing chain
value seen: The Children’s Place
https://w4.stern.nyu.edu/sternbusiness/spring_2008/sternInCity.html

Sources: previous companies

PRESSdate not shown in source

SternBusiness

New York University · carried by w4.stern.nyu.edu
as well as Marianne Stores, a retail outlet for Latina women
value seen: Marianne Stores
https://w4.stern.nyu.edu/sternbusiness/spring_2008/sternInCity.html

Sources: quote

PRESSdate not shown in source

SternBusiness

New York University · carried by w4.stern.nyu.edu
“The greater void was not in real estate, but in retailers serving the customer, particularly urban career women.”
value seen: The greater void was not in real estate, but in retailers serving the customer, particularly urban career women.
https://w4.stern.nyu.edu/sternbusiness/spring_2008/sternInCity.html

Sources: role type

OTHERdate not shown in source

Joseph J. Sitt

Role source · carried by thorequities.com
Chairman & CEO
value seen: Chairman & CEO
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://thorequities.com/about/

Sources: since

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
### 1986 - Joe Sitt launches Thor Equities to acquire industrial and urban assets
value seen: 1986
https://thorequities.com/about/

Sources: summary

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
Founded by Chairman Joseph J. Sitt, Thor Equities is based in New York City with offices in London, Paris, Madrid, Mexico City, San Francisco, and Miami.
value seen: Joseph J. Sitt founded Thor Equities in 1986 and remains its Chairman & CEO. His investor-facing focus spans institutional real estate and emerging asset classes; he also leads several affiliated investment and civic organisations.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thorequities.com/about/

Sources: tags

OTHERdate not shown in source

Joseph J. Sitt

Profile source · carried by thorequities.com
Joseph J. Sitt founded Thor Equities in 1986 and remains its Chairman & CEO. His investor-facing focus spans institutional real estate and emerging asset classes; he also leads several affiliated investment and civic organisations.
value seen: Founder; Chairman & CEO; 1986 launch; NYU graduate
value paraphrased from this source
https://thorequities.com/about/

Sources: title

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
### Joe Sitt Chairman & CEO
value seen: Chairman & CEO
https://thordigital.com/
MG
Melissa Gliatta
Melissa Gliatta is Thor Equities’ Global COO, working with the chairman and leadership to expand the platform and oversee operations. She joined the Sitt business in 1995 and has held progressively senior Thor roles, including EVP and COO.
Current title
Global Chief Operating Officer
since 2016
Experience
30+ years at thor/sitt businesses
Companies before
Ashley StewartThe Limited
Education
not published
Other boards
none sourced
Known for
Global COOOperationsAshley Stewart
https://www.linkedin.com/in/melissa-gliatta-a3251030
My role at Thor is to be a team leader, working closely with our CEO, Joe Sitt, and corporate leadership to expand the company’s business activities. Bisnow July 30, 2018https://www.bisnow.com/news/new-york/commercial-real-estate/beyond-the-bio-bisnows-16-question-with-thor-equities-coo-melissa-gliatta-90986

Sources: full name

COMPANYdate not shown in source

Melissa Gliatta

Source profile · carried by thordigital.com
# Melissa Gliatta
value seen: Melissa Gliatta
https://thordigital.com/

Sources: linkedin page

SOCIALdate not shown in source

Melissa Gliatta

LinkedIn
# Melissa Gliatta
value seen: https://www.linkedin.com/in/melissa-gliatta-a3251030
https://www.linkedin.com/in/melissa-gliatta-a3251030

Sources: previous companies

PRESSdate not shown in source

Beyond The Bio: 16 Questions With Thor Equities COO Melissa Gliatta

Bisnow
She joined Ashley Stewart, a plus-size women’s clothing company and lifestyle brand Sitt previously owned, in 1995.
value seen: Ashley Stewart
https://www.bisnow.com/news/new-york/commercial-real-estate/beyond-the-bio-bisnows-16-question-with-thor-equities-coo-melissa-gliatta-90986

Sources: previous companies

PRESSdate not shown in source

Beyond The Bio: 16 Questions With Thor Equities COO Melissa Gliatta

Bisnow
Leaving The Limited and joining Joe Sitt when he had 18 Ashley Stewart stores.
value seen: The Limited
https://www.bisnow.com/news/new-york/commercial-real-estate/beyond-the-bio-bisnows-16-question-with-thor-equities-coo-melissa-gliatta-90986

Sources: quote

PRESSdate not shown in source

Beyond The Bio: 16 Questions With Thor Equities COO Melissa Gliatta

Bisnow
My role at Thor is to be a team leader, working closely with our CEO, Joe Sitt, and corporate leadership to expand the company’s business activities.
value seen: My role at Thor is to be a team leader, working closely with our CEO, Joe Sitt, and corporate leadership to expand the company’s business activities.
https://www.bisnow.com/news/new-york/commercial-real-estate/beyond-the-bio-bisnows-16-question-with-thor-equities-coo-melissa-gliatta-90986

Sources: role type

OTHERdate not shown in source

Melissa Gliatta

Role source · carried by thordigital.com
Global Chief Operating Officer
value seen: Global Chief Operating Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://thordigital.com/

Sources: since

COMPANYdate not shown in source

About Thor Equities | Global Real Estate Investment Firm

Thor Equities
She was promoted to Executive Vice President in 2010 and Chief Operating Officer in 2016.
value seen: 2016
https://thorequities.com/about/

Sources: summary

PRESSdate not shown in source

Beyond The Bio: 16 Questions With Thor Equities COO Melissa Gliatta

Bisnow
Gliatta has been working for Thor CEO Joe Sitt ... She joined Ashley Stewart ... in 1995. She became a vice president at Thor in 2003, and was promoted to executive vice president in 2010.
value seen: Melissa Gliatta is Thor Equities’ Global COO, working with the chairman and leadership to expand the platform and oversee operations. She joined the Sitt business in 1995 and has held progressively senior Thor roles, including EVP and COO.
value paraphrased from this source
https://www.bisnow.com/news/new-york/commercial-real-estate/beyond-the-bio-bisnows-16-question-with-thor-equities-coo-melissa-gliatta-90986

Sources: tags

OTHERdate not shown in source

Melissa Gliatta

Profile source · carried by thorequities.com
Melissa Gliatta is Thor Equities’ Global COO, working with the chairman and leadership to expand the platform and oversee operations. She joined the Sitt business in 1995 and has held progressively senior Thor roles, including EVP and COO.
value seen: Global COO; 30+ years at Thor/Sitt businesses; Operations; Ashley Stewart
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thorequities.com/about/

Sources: title

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
### Melissa Gliatta Global COO
value seen: Global Chief Operating Officer
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thordigital.com/
RV
Raj Vohra
Raj Vohra leads Thor’s global data-center program through Thor Digital. Before joining Thor, he led data-center acquisitions and economic/community development at Google and previously worked in Deloitte Consulting’s real-estate and location-strategy practice.
Current title
Head of Data Centers
Experience
20+ years senior management
Companies before
GoogleDeloitte Consulting
Education
Denison UniversityBA in Biology
University of Notre DameJD
Other boards
none sourced
Known for
Head of Data Centersex-Googleex-DeloitteBA BiologyJD
https://www.linkedin.com/in/raj-vohra-6072961

Sources: degree

OTHERdate not shown in source

Raj Vohra

Education source · carried by linkedin.com
BA in Biology
value seen: BA in Biology
https://www.linkedin.com/in/raj-vohra-6072961

Sources: institution

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
Raj holds a BA in Biology from Denison University
value seen: Denison University
https://thordigital.com/

Sources: degree

OTHERdate not shown in source

Raj Vohra

Education source · carried by linkedin.com
JD
value seen: JD
https://www.linkedin.com/in/raj-vohra-6072961

Sources: institution

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
and a JD from the University of Notre Dame.
value seen: University of Notre Dame
https://thordigital.com/

Sources: full name

SOCIALdate not shown in source

Raj Vohra

Source profile · carried by linkedin.com
# Raj Vohra
value seen: Raj Vohra
https://www.linkedin.com/in/raj-vohra-6072961

Sources: linkedin page

SOCIALdate not shown in source

Raj Vohra

LinkedIn
# Raj Vohra
value seen: https://www.linkedin.com/in/raj-vohra-6072961
https://www.linkedin.com/in/raj-vohra-6072961

Sources: previous companies

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
Before joining Thor Equities, Raj led Data Center acquisitions across the Americas for Google
value seen: Google
https://thordigital.com/

Sources: previous companies

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
Prior to Google, Raj was a Senior Manager in Deloitte Consulting’s Real Estate and Location Strategy practice group.
value seen: Deloitte Consulting
https://thordigital.com/

Sources: role type

OTHERdate not shown in source

Raj Vohra

Role source · carried by linkedin.com
Head of Data Centers
value seen: Head of Data Centers
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.linkedin.com/in/raj-vohra-6072961

Sources: summary

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
Raj leads Thor’s global Data Center Program, bringing 20+ years of senior management experience from Google and Deloitte.
value seen: Raj Vohra leads Thor’s global data-center program through Thor Digital. Before joining Thor, he led data-center acquisitions and economic/community development at Google and previously worked in Deloitte Consulting’s real-estate and location-strategy practice.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://thordigital.com/

Sources: tags

OTHERdate not shown in source

Raj Vohra

Profile source · carried by linkedin.com
Raj Vohra leads Thor’s global data-center program through Thor Digital. Before joining Thor, he led data-center acquisitions and economic/community development at Google and previously worked in Deloitte Consulting’s real-estate and location-strategy practice.
value seen: Head of Data Centers; 20+ years senior management; ex-Google; ex-Deloitte; BA Biology; JD
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/raj-vohra-6072961

Sources: title

COMPANYdate not shown in source

Thor Digital, Building the ground for hyperscale

Thor Digital
### Raj Vohra Head of Data Centers
value seen: Head of Data Centers
https://thordigital.com/
KA
Kurt A. Reich
Kurt A. Reich is an Executive Vice President at Thor Equities and a partner at ShorePoint Holdings. His disclosed background is in real-estate investment management across acquisitions, dispositions, financing, workouts, joint ventures, development and asset management, with more than $8 billion of equity and debt transactions cited in his profile.
Current title
Executive Vice President
Experience
no career length stated
Companies before
ShorePoint Holdings, LLCPrudential Real Estate InvestorsWalden Partners LLC
Education
Saint John's University – Peter J. Tobin College of BusinessB.S. and M.B.A., Accounting, Economics and Finance
Other boards
Partner, ShorePoint Holdings, LLC
Known for
Executive Vice PresidentPartner, ShorePoint Holdings>$8bn transactionsB.S.MBA
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: degree

OTHERdate not shown in source

Kurt A. Reich

Education source · carried by linkedin.com
B.S. and M.B.A., Accounting, Economics and Finance
value seen: B.S. and M.B.A., Accounting, Economics and Finance
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: institution

SOCIALdate not shown in source

Kurt A. Reich

LinkedIn
B.S.and M.B.A., Accounting, Economics and Finance at Saint John’s University - Peter J. Tobin College of Business
value seen: Saint John's University – Peter J. Tobin College of Business
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: full name

SOCIALdate not shown in source

Kurt A. Reich

Source profile · carried by linkedin.com
# Kurt A. Reich
value seen: Kurt A. Reich
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: linkedin page

SOCIALdate not shown in source

Kurt A. Reich

LinkedIn
# Kurt A. Reich
value seen: https://www.linkedin.com/in/kurt-a-reich-8aa2a27
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: other boards

SOCIALdate not shown in source

Kurt A. Reich

LinkedIn
### Partner - ShorePoint Holdings, LLC (Current)
value seen: Partner, ShorePoint Holdings, LLC
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: role type

OTHERdate not shown in source

Kurt A. Reich

Role source · carried by linkedin.com
Executive Vice President
value seen: Executive Vice President
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: summary

PRESSdate not shown in source

Kurt A. Reich: Positions, Relations and Network

MarketScreener
Kurt Reich is Executive Vice President of Acquisitions and Dispositions for Thor Equities LLC.
value seen: Kurt A. Reich is an Executive Vice President at Thor Equities and a partner at ShorePoint Holdings. His disclosed background is in real-estate investment management across acquisitions, dispositions, financing, workouts, joint ventures, development and asset management, with more than $8 billion of equity and debt transactions cited in his profile.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.marketscreener.com/insider/KURT-REICH-A0B4GQ/

Sources: tags

OTHERdate not shown in source

Kurt A. Reich

Profile source · carried by linkedin.com
Kurt A. Reich is an Executive Vice President at Thor Equities and a partner at ShorePoint Holdings. His disclosed background is in real-estate investment management across acquisitions, dispositions, financing, workouts, joint ventures, development and asset management, with more than $8 billion of equity and debt transactions cited in his profile.
value seen: Executive Vice President; Partner, ShorePoint Holdings; >$8bn transactions; B.S.; MBA
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/kurt-a-reich-8aa2a27

Sources: title

SOCIALdate not shown in source

Kurt A. Reich

LinkedIn
### Executive VP - Thor Equities Group (Current)
value seen: Executive Vice President
held out of the figures · the quote does not carry this value
https://www.linkedin.com/in/kurt-a-reich-8aa2a27
GS
George Stanchfield
George Stanchfield oversees leasing across Thor’s retail, office, life-science and industrial portfolio. His profile reports more than 30 years in real estate, a progression from leasing roles at other property companies, and more than 2,000 leases completed since entering the industry.
Current title
Executive Vice President – Head of Leasing
since Mar 2024
Experience
30+ years real estate
Companies before
Vornado Realty TrustThe Mills CorporationThe Taubman CompanyPyramid Management Group
Education
University at BuffaloBachelor of Science (B.S.), Facilities Planning and Management
Other boards
none sourced
Known for
Head of Leasing2,000+ leasesB.S.
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: degree

OTHERdate not shown in source

George Stanchfield

Education source · carried by linkedin.com
Bachelor of Science (B.S.), Facilities Planning and Management
value seen: Bachelor of Science (B.S.), Facilities Planning and Management
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: institution

SOCIALdate not shown in source

George Stanchfield

LinkedIn
Bachelor of Science (B.S.) focused in Facilities Planning and Management from State University of New York at Buffalo.
value seen: University at Buffalo
held out of the figures · the quote does not carry this value
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: full name

SOCIALdate not shown in source

George Stanchfield

Source profile · carried by linkedin.com
# George Stanchfield
value seen: George Stanchfield
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: linkedin page

SOCIALdate not shown in source

George Stanchfield

LinkedIn
# George Stanchfield
value seen: https://www.linkedin.com/in/george-stanchfield-2689189
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: role type

OTHERdate not shown in source

George Stanchfield

Role source · carried by linkedin.com
Executive Vice President – Head of Leasing
value seen: Executive Vice President – Head of Leasing
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: since

SOCIALdate not shown in source

George Stanchfield

LinkedIn
Executive Vice President - Head of Leasing (Current) Mar 2024 - Present
value seen: Mar 2024
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: summary

SOCIALdate not shown in source

George Stanchfield

LinkedIn
Experienced Executive President with a demonstrated history over 30 years of working in the real estate industry ... Completed over 2,000 leases since joining the industry
value seen: George Stanchfield oversees leasing across Thor’s retail, office, life-science and industrial portfolio. His profile reports more than 30 years in real estate, a progression from leasing roles at other property companies, and more than 2,000 leases completed since entering the industry.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: tags

OTHERdate not shown in source

George Stanchfield

Profile source · carried by linkedin.com
George Stanchfield oversees leasing across Thor’s retail, office, life-science and industrial portfolio. His profile reports more than 30 years in real estate, a progression from leasing roles at other property companies, and more than 2,000 leases completed since entering the industry.
value seen: Head of Leasing; 30+ years real estate; 2,000+ leases; B.S.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/george-stanchfield-2689189

Sources: title

SOCIALdate not shown in source

George Stanchfield

LinkedIn
Executive Vice President- Head of Leasing at Thor Equities
value seen: Executive Vice President – Head of Leasing
https://www.linkedin.com/in/george-stanchfield-2689189
TP
Tom Palazzo
Tom Palazzo became Thor Equities’ CFO in December 2025 after senior finance roles at Fortis Property Group, The Chapman Group and RedSky Capital. His background covers accounting, treasury, corporate finance, taxation, SEC reporting and real-estate investment operations.
Current title
Chief Financial Officer
since Dec 2025
Experience
no career length stated
Companies before
Fortis Property GroupThe Chapman GroupRedSky Capital, LLCArbor Realty TrustEmmes Asset Management CompanyGenatt Associates
Education
Hofstra UniversityBachelors of Business Administration Accounting
Other boards
none sourced
Known for
CFOReal-estate financeSEC reportingBBA Accounting
https://www.linkedin.com/in/partom-palazzo

Sources: degree

OTHERdate not shown in source

Tom Palazzo

Education source · carried by linkedin.com
Bachelors of Business Administration Accounting
value seen: Bachelors of Business Administration Accounting
https://www.linkedin.com/in/partom-palazzo

Sources: institution

SOCIALdate not shown in source

Tom Palazzo

LinkedIn
Bachelors of Business Administration Accounting at Hofstra University
value seen: Hofstra University
https://www.linkedin.com/in/partom-palazzo

Sources: full name

SOCIALdate not shown in source

Tom Palazzo

Source profile · carried by linkedin.com
# Tom Palazzo
value seen: Tom Palazzo
https://www.linkedin.com/in/partom-palazzo

Sources: linkedin page

SOCIALdate not shown in source

Tom Palazzo

LinkedIn
# Tom Palazzo
value seen: https://www.linkedin.com/in/partom-palazzo
https://www.linkedin.com/in/partom-palazzo

Sources: previous companies

PRESSdate not shown in source

Fortis Property Group, LLC Announces Major Corporate Restructuring

Fortis Property Group
Prior to joining Fortis, Mr. Palazzo served as Chief Financial Officer for both The Chapman Group and RedSky Capital LLC.
value seen: Fortis Property Group
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://fortispropertygroup.com/uploads/press/132.pdf

Sources: previous companies

PRESSdate not shown in source

Fortis Property Group, LLC Announces Major Corporate Restructuring

Fortis Property Group
Mr. Palazzo served as Chief Financial Officer for both The Chapman Group and RedSky Capital LLC.
value seen: The Chapman Group
https://fortispropertygroup.com/uploads/press/132.pdf

Sources: previous companies

PRESSdate not shown in source

Fortis Property Group, LLC Announces Major Corporate Restructuring

Fortis Property Group
Mr. Palazzo served as Chief Financial Officer for both The Chapman Group and RedSky Capital LLC.
value seen: RedSky Capital, LLC
https://fortispropertygroup.com/uploads/press/132.pdf

Sources: role type

OTHERdate not shown in source

Tom Palazzo

Role source · carried by linkedin.com
Chief Financial Officer
value seen: Chief Financial Officer
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.linkedin.com/in/partom-palazzo

Sources: since

SOCIALdate not shown in source

Tom Palazzo

LinkedIn
Dec 2025 - Present (10 months) in New York, United States
value seen: Dec 2025
https://www.linkedin.com/in/partom-palazzo

Sources: summary

SOCIALdate not shown in source

Tom Palazzo

LinkedIn
Experienced Chief Financial Officer with a demonstrated history of working in the real estate industry.
value seen: Tom Palazzo became Thor Equities’ CFO in December 2025 after senior finance roles at Fortis Property Group, The Chapman Group and RedSky Capital. His background covers accounting, treasury, corporate finance, taxation, SEC reporting and real-estate investment operations.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/partom-palazzo

Sources: tags

OTHERdate not shown in source

Tom Palazzo

Profile source · carried by linkedin.com
Tom Palazzo became Thor Equities’ CFO in December 2025 after senior finance roles at Fortis Property Group, The Chapman Group and RedSky Capital. His background covers accounting, treasury, corporate finance, taxation, SEC reporting and real-estate investment operations.
value seen: CFO; Real-estate finance; SEC reporting; BBA Accounting
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/in/partom-palazzo

Sources: title

SOCIALdate not shown in source

Tom Palazzo

LinkedIn
### Chief Financial Officer - Thor Equities Group (Current)
value seen: Chief Financial Officer
https://www.linkedin.com/in/partom-palazzo

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

9 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
TU Park Apodaca IApodaca, Mexico
industrial31————202527 Enero 2025Jan 2025 – Dec 2025Jan 2026+6.5 mo
(+1.0 to +12.0)
sourcedcompleted
Siari, a Ritz-Carlton ReserveRiviera Nayarit, Mexico
Nauka
hotel911——————Jan 2025 – Mar 2025Nov 2025+9.0 mo
(+8.0 to +10.0)
estimatedcompleted
153 Linden StreetPassaic, United States
industrial——230,000 sq ft—————Oct 2025—not scorablecompleted
The Landmark ReserveZapopan, Mexico
Puerta de Hierro
residential for sale, mixed use228137—MXN 1.5bn
investment announced
—20219 de noviembre de 2021Jan 2023 – Dec 2023Nov 2024+16.5 mo
(+11.0 to +22.0)
estimatedcompleted
1211 Tower RoadSchaumburg, United States
industrial——109,000 sq ft————Jan 2023 – Dec 2023Jan 2024+6.5 mo
(+1.0 to +12.0)
estimatedcompleted
The Shops at Landmark TijuanaTijuana, Mexico
Zona Río
retail————————Jan 2024 – Dec 2024—not scorablecompleted
6 Rue de SèvresParis, France
Saint-Germain
retail——1,200 m²————Jan 2023 – Dec 2023Jul 2023+0.5 mo
(−5.0 to +6.0)
estimatedcompleted
The Park San Luis Potosí – shopping centerSan Luis Potosí, Mexico
retail———MXN 3.5bn
investment announced
—201910 April 2019—Jan 2023 – Dec 2023—not scorablecompleted
280 Richards StreetBrooklyn, United States
Red Hook
industrial—————20212021Jan 2021 – Dec 2021Jan 2022 – Dec 2022+12.0 mo
(+1.0 to +23.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

3 found
PROJECT AWARD Winner April 22, 2026
2026 Regional TOBY Award — 250,000–499,999 Square Feet · 800 W Fulton Market
800 W Fulton Market, owned by Thor Equities and managed by JLL, was a 2026 regional TOBY winner recognizing excellence in building management and operations.
PROJECT AWARD Winner February 7, 2023
2023 AIA Interior Architecture Award · 800 Fulton Market
The project received an AIA Interior Architecture Award for its integrated mixed-use workplace design; AIA identifies Thor Equities as owner and client/developer.
PROJECT AWARD Winner March 27, 2017
Bay Area Real Estate Deal of the Year · The Phelan Building, 760 Market Street
The developer reports that Thor Equities received the award for renovating, leasing and selling the Phelan Building in San Francisco.

Risks

Risk flags

7 found
FINANCIAL DISTRESS Default in 2020; receiver appointed in June 2023; reported September 8, 2023
A court-appointed receiver and lender alleged that Thor defaulted on the Scribner Building and adjacent 3 East 48th Street after 2020, effectively abandoned the properties, and left them with major repair needs; a foreclosure suit alleged approximately $124 million owed. These are reported allegations and proceedings, not a finding that every allegation was proved.
FINANCIAL DISTRESS Payment default reported December 2024; foreclosure action reported February 2025; reported June 4, 2025
Thor stopped making payments on the loan secured by two East Harlem buildings, sending the debt into special servicing; lenders subsequently moved to foreclose and a judge appointed a receiver. The related fire-alarm dispute was described as a lawsuit that had since been resolved.
SAFETY / LABOUR Alleged problem from September 2022; lawsuit filed December 18, 2024; case status reported closed/dismissed
AHRC NYC alleged that a fire-alarm system at Thor’s 2080 Lexington Avenue property remained nonfunctional for more than two years, creating safety concerns for a facility serving 125 people with intellectual and developmental disabilities; the lawsuit was later reported as closed and dismissed.
FINANCIAL DISTRESS Foreclosure reported August 22, 2023; the underlying foreclosure occurred in 2020
Thor defaulted on a $25 million mezzanine loan secured by 590 Fifth Avenue, and SL Green took ownership through foreclosure.
FINANCIAL DISTRESS Deed-in-lieu reported as October 2022; auction repurchase reported July 2023
Thor transferred 470 Broadway to the lender through a $25 million deed-in-lieu-of-foreclosure transaction, later repurchased it at a foreclosure auction for $8.1 million; investors in the CMBS trust reportedly incurred a $16.2 million loss.
PROJECT CANCELLED 2019-02-15 (abandonment reported); replacement warehouse completed in 2022 and sold December 2024
Thor Equities abandoned its proposed Red Hoek Point 800,000-square-foot office complex at 280 Richards Street in Red Hook in 2019, pivoting to a last-mile warehouse that was subsequently completed and sold in 2024; the abandoned office scheme should not be treated as an active failure.
PROJECT CANCELLED 2025-09-29
Thor Equities’ proposed Coney Island casino project, The Coney, was rejected and therefore eliminated from the New York casino-licensing process after the Community Advisory Committee voted 4–2 not to advance it; no casino construction or completion followed in the reported record.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.