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.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
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.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
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.
| Project | Overall | Structure & systems | Management & 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. | |||
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. | |||
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. | 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. | |||
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. | |||
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. | |||
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. |
Thor has satellite offices in Paris, Madrid, San Francisco, Miami, Houston, Chicago, and Portland
Global real estate leaders and joint venture partners Thor Equities Group and QuadReal ... announce the topping out of 800 W. Fulton Market.
Global real estate leaders and joint venture partners Thor Equities Group and QuadReal ... announce the topping out of 800 W. Fulton Market.
Global real estate leaders and joint venture partners Thor Equities Group and QuadReal ... announce the topping out of 800 W. Fulton Market.
together with leading real estate services firms, Cushman & Wakefield and Lendlease
together with leading real estate services firms, Cushman & Wakefield and Lendlease
obtained $35.62 million in financing from debt fund manager Thorofare
Iron Hound arranged the purchase and renovation loan
in partnership with a fund advised by Morgan Stanley Real Estate Investing
The project was ... constructed by Lendlease for Thor Equities and QuadReal
The project was ... constructed by Lendlease for Thor Equities and QuadReal
The project was designed by SOM and constructed by Lendlease for Thor Equities and QuadReal
The project was designed by SOM and constructed by Lendlease for Thor Equities and QuadReal
Thor engaged Buildings IOT ... to deliver machine learning insights to the property team
Arnaiz, a local operating partner and specialists in land promotion and development
Quark, Madrid’s leading data center engineering company
Frank Hassett (Global Data Center Design), to develop the campus
bought out its existing partner, ASB Real Estate Investments
A joint venture between Thor Equities Group and Reinsurance Group of the Americans obtained $35.62 million in financing
| COMPANY NUMBER | 2654923 New York Department of State · United States |
| United States | active 3 projects tracked |
| United Kingdom | active 0 projects tracked |
| France | active 1 project tracked |
| Spain | active 0 projects tracked |
| Mexico | active 5 projects tracked |
| Industrial | 4 of 9 |
| Retail | 3 of 9 |
| Hotel | 1 of 9 |
| Residential, for sale | 1 of 9 |
| Mixed use | 1 of 9 |
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
He is a graduate of New York University.
### Joseph J. Sitt
# Joseph J. Sitt
In addition to Thor Equities, Joe is also Chairman of Thor Urbana
CEO of Thor Retail Advisors
Chairman of the Global Gateway Alliance
Chairman and Managing Principal of Thor Urban Property Funds
In 1991 Sitt founded Ashley Stewart
after a short stint owning and managing the Children’s Place kids clothing chain
as well as Marianne Stores, a retail outlet for Latina women
“The greater void was not in real estate, but in retailers serving the customer, particularly urban career women.”
Chairman & CEO
### 1986 - Joe Sitt launches Thor Equities to acquire industrial and urban assets
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.
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.
### Joe Sitt Chairman & CEO
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
# Melissa Gliatta
# Melissa Gliatta
She joined Ashley Stewart, a plus-size women’s clothing company and lifestyle brand Sitt previously owned, in 1995.
Leaving The Limited and joining Joe Sitt when he had 18 Ashley Stewart stores.
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.
Global Chief Operating Officer
She was promoted to Executive Vice President in 2010 and Chief Operating Officer in 2016.
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.
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.
### Melissa Gliatta Global COO
BA in Biology
Raj holds a BA in Biology from Denison University
JD
and a JD from the University of Notre Dame.
# Raj Vohra
# Raj Vohra
Before joining Thor Equities, Raj led Data Center acquisitions across the Americas for Google
Prior to Google, Raj was a Senior Manager in Deloitte Consulting’s Real Estate and Location Strategy practice group.
Head of Data Centers
Raj leads Thor’s global Data Center Program, bringing 20+ years of senior management experience from Google and Deloitte.
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.
### Raj Vohra Head of Data Centers
B.S. and M.B.A., Accounting, Economics and Finance
B.S.and M.B.A., Accounting, Economics and Finance at Saint John’s University - Peter J. Tobin College of Business
# Kurt A. Reich
# Kurt A. Reich
### Partner - ShorePoint Holdings, LLC (Current)
Executive Vice President
Kurt Reich is Executive Vice President of Acquisitions and Dispositions for Thor Equities LLC.
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.
### Executive VP - Thor Equities Group (Current)
Bachelor of Science (B.S.), Facilities Planning and Management
Bachelor of Science (B.S.) focused in Facilities Planning and Management from State University of New York at Buffalo.
# George Stanchfield
# George Stanchfield
Executive Vice President – Head of Leasing
Executive Vice President - Head of Leasing (Current) Mar 2024 - Present
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
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.
Executive Vice President- Head of Leasing at Thor Equities
Bachelors of Business Administration Accounting
Bachelors of Business Administration Accounting at Hofstra University
# Tom Palazzo
# Tom Palazzo
Prior to joining Fortis, Mr. Palazzo served as Chief Financial Officer for both The Chapman Group and RedSky Capital LLC.
Mr. Palazzo served as Chief Financial Officer for both The Chapman Group and RedSky Capital LLC.
Mr. Palazzo served as Chief Financial Officer for both The Chapman Group and RedSky Capital LLC.
Chief Financial Officer
Dec 2025 - Present (10 months) in New York, United States
Experienced Chief Financial Officer with a demonstrated history of working in the real estate industry.
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.
### Chief Financial Officer - Thor Equities Group (Current)
1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TU Park Apodaca I | Apodaca, Mexico | industrial | 31 | — | — | — | — | 2025 | 27 Enero 2025 | Jan 2025 – Dec 2025 | Jan 2026 | +6.5 mo (+1.0 to +12.0) | sourced | completed |
| Siari, a Ritz-Carlton Reserve | Riviera Nayarit, Mexico Nauka | hotel | 911 | — | — | — | — | — | — | Jan 2025 – Mar 2025 | Nov 2025 | +9.0 mo (+8.0 to +10.0) | estimated | completed |
| 153 Linden Street | Passaic, United States | industrial | — | — | 230,000 sq ft | — | — | — | — | — | Oct 2025 | — | not scorable | completed |
| The Landmark Reserve | Zapopan, Mexico Puerta de Hierro | residential for sale, mixed use | 2281 | 37 | — | MXN 1.5bn investment announced | — | 2021 | 9 de noviembre de 2021 | Jan 2023 – Dec 2023 | Nov 2024 | +16.5 mo (+11.0 to +22.0) | estimated | completed |
| 1211 Tower Road | Schaumburg, United States | industrial | — | — | 109,000 sq ft | — | — | — | — | Jan 2023 – Dec 2023 | Jan 2024 | +6.5 mo (+1.0 to +12.0) | estimated | completed |
| The Shops at Landmark Tijuana | Tijuana, Mexico Zona Río | retail | — | — | — | — | — | — | — | — | Jan 2024 – Dec 2024 | — | not scorable | completed |
| 6 Rue de Sèvres | Paris, France Saint-Germain | retail | — | — | 1,200 m² | — | — | — | — | Jan 2023 – Dec 2023 | Jul 2023 | +0.5 mo (−5.0 to +6.0) | estimated | completed |
| The Park San Luis Potosí – shopping center | San Luis Potosí, Mexico | retail | — | — | — | MXN 3.5bn investment announced | — | 2019 | 10 April 2019 | — | Jan 2023 – Dec 2023 | — | not scorable | completed |
| 280 Richards Street | Brooklyn, United States Red Hook | industrial | — | — | — | — | — | 2021 | 2021 | Jan 2021 – Dec 2021 | Jan 2022 – Dec 2022 | +12.0 mo (+1.0 to +23.0) | sourced | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 15, 2026 this month |
| Profile last researched | October 15, 2026 |
| Claim |