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Wachtel Missry LLP represents Thor in the refinancing of Palmer House Hotel, Chicago, Illinois

Wachtel represented Thor Equities, LLC, in the separate refinancing of the retail and hotel parcels of the complex known as the Palmer House Hotel, in the amounts of $43,400,000.00 and $307,700,000.00, respectively. The refinancing was preceded by the legal separation of the property into three separate parcels - hotel, retail and office. In both transactions, financing was provided by Anglo Irish Bank Corporation PLC. The matter was handled by Morris Missry, Eric Zipkowitz, Avram Posner, Thomas Martin, and Mia Stevens-Haynes of the Firm's Real Estate Department.


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