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Hotel

Due Diligence Services

$27,000,000
203 Key Historic Hotel
Albany, NY

Axiom Capital Corporation announces the closing of an $27,000,000 permanent loan for the refinance of a 203 Key Renaissance Hotel by Marriott in Albany, NY. With only 82 Renaissance Hotels in the United States, the elite brand is quite selective when awarding its flag. The hotel is located in the heart of Downtown Albany - New York’s State Capital - overlooking the beautiful New York State Capitol building. The hotel features a full service restaurant and bar, state of the art fitness center, ballroom, several meeting spaces and 8,505 SF of event space. Courtesy of newly constructed walkways, guests have direct access to several of Albany’s largest attractions including the Albany Capital Center, Times Union Center, and Empire State Plaza. Downtown Albany is the heart of economic, community and identity for Albany and the Capital Region. Downtown alone has more than twice as many jobs as any Capital Region city and more office space than all other downtowns in the region combined.


diligence.
innovation.
execution.
Contacts

Charles Cronin - President
518-472-4000 ext. 204
axiom@axiom-capital.com

Andrew Kleinberg - Partner
917-710-1505
ajk@axiom-capital.com

Michael S. Del Vecchio - VP of R.E. Finance
518-472-4000 ext. 230
mdv@axiom-capital.com