ABS Partners, Altman Warwick form a mortgage brokerage

Joint venture to operate out of ABS’ office at 200 PAS

TRD New York /
Jun.June 01, 2017 11:00 AM

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


Related Articles

arrow_forward_ios

Real estate stocks push up this week as U.S.-China trade tensions ease

416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case

An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

Joel Schreiber (Credit: Shir Stein and Wikipedia)

WeWork’s first investor used his stock as collateral. Now his lenders are suing him

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

163 North 6th Street and the Tel Aviv Stock Exchange Bull (Credit: Google Maps, Wikipedia)

Joel Gluck’s Israeli bond issuance falls through as Williamsburg rental project faces financing crunch

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

arrow_forward_ios