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New York & Tri-State  + New York + Outer  + Retail  |  April 18, 2023
Emily Fu
By: Emily Fu

Nationwide Life Insurance Company Refis Shopping Center in Staten Island for $22M  

Nationwide Life Insurance Company has provided a $22 million refinancing for Village Greens Shopping Center in Staten Island, New York. Robert Delitsky and Dylan Hamer of Northmarq’s New York debt/equity office have helped secure the permanent-fixed rate loan. 

“Nationwide Life Insurance Company showed strong interest in this deal from the start, based on the strong sales and excellent tenant mix in the center,” said Delitsky. “They were able to meet the borrower’s loan request with competitive terms.”  

Located at 230-262 Arden Ave, the 75,697 square feet retail shopping center is anchored by Key Food Supermarket, CVS Pharmacy, and JP Morgan Chase Bank, and is situated in the Arden Heights neighborhood. 

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Inside The Story

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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