ABS Partners, Altman Warwick form a mortgage brokerage

Joint venture to operate out of ABS’ office at 200 PAS
June 01, 2017 11:00AM

From left: 200 Park Avenue South, ABS Partners’ Gregg Schenker
and Altman Warwick’s Robert Altman

ABS Partners Real Estate and mortgage brokerage Altman Warwick teamed up to form a new capital markets advisory business.

The joint venture, dubbed ABS Altman Warwick, will be headquartered at ABS’ office at 200 Park Avenue South.

ABS already offers leasing and investment sales services, and Altman Warwick principal Robert Altman told the Commercial Observer that adding mortgages creates “a new vehicle for ABS Partners to monetize its existing and future business relationships.” Altman will keep its Long Island office but will focus on the new venture, the publication reported.

Founded in 2000 by a group of Helmsley Spear veterans, ABS specializes in property management, brokerage and investment. The firm owns several Midtown South properties. In November it bought an East Village theater building in partnership with Benenson Funding Corporation for $33 million.

In September, Altman Warwick brokered a $100 million refinancing of ABS’ 915 Broadway. [CO]Konrad Putzier