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Robert Altman Robert Altman, co-managing partner, ABS Altman Warwick

NEW YORK CITY—The Pergament Mall located at 2795 Richmond Ave. in Staten Island received $51 million in refinancing from MetLife, sources close to the deal tell GlobeSt.com. The mall is adjacent to the 1.2 million square-foot Staten Island Mall.

ABS Altman Warwick, a brokerage and division of ABS Partners Real Estate, originated the loan, which was secured by the 360,000 square-foot Pergament Mall. The mall is owned by Pergament Properties, which has offices in Woodbury, NY and other assets in the state in Suffolk County, Nassau County, Queens County and Staten Island, as well as in NJ, NC, TN and GA. The 15-year, full term, interest-only loan has a 4.02% rate, which equated to a spread of 110 basis points over the 15-year treasury yield.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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