Thor facing pre-foreclosure suit at 470 Broadway, sale of 115 Mercer
Joe Sitt’s Thor Equities is facing big problems at two Soho retail properties. A special servicer on the company’s...
Joe Sitt
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Valuation of Thor Equities’ 470 Broadway slashed
Thor Equities’ 470 Broadway in SoHo may have Joe Sitt saying, “Oh, no.” The 6,600-square-foot building’s value has plummeted...
Thor’s $150M loan on 597 Fifth heads to special servicing
Thor Equities’ troubles at 597 Fifth Avenue are mounting. The firm’s $105 million commercial mortgage-backed securities loan tied to...
Chicago
Thor Equities’ big bet on Fulton Market is paying off
Thor Equities’ investment in booming Fulton Market is paying dividends. In its latest move, the New York-based firm led...
Michael Shvo secures $210M loan for 530 Broadway buy
A development group led by Michael Shvo has secured a $210 million loan to finance the acquisition of 530...