Thor Equities Secures $36.65 Million Acquisition Loan From Argentic For 1165 Broadway In NoMad

The property asset involved is a mixed-use building located at 1165 Broadway in the NoMad neighborhood of Manhattan. The asset encompasses a total square footage of 58,000 and is part of a larger acquisition valued at $36,650,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $36,650,000
• Lender: Argentic
• Landlord: Thor Equities
• Landlord's Representative: Robert Verrone & Anthony D’Amelio - Iron Hound Management Company
• Date of Transaction: 3/26/2026

The deal involved key individuals such as Doug Tiesi, Joe Sitt, and Loren Berger, who played significant roles in facilitating the transaction. Their contributions were integral to the successful acquisition of the property under the management of Thor Equities.