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Axiom Blog

Axiom Capital Corp. announces $9,600,000 closing in Saratoga Springs, NY

Axiom Capital - Tuesday, June 27, 2017

Axiom Capital Corporation announces the closing of a $9,600,000 permanent loan for the refinance of an 80 unit apartment complex located in Wilton, NY just outside of downtown Saratoga Springs. The subject is the second phase of a luxury garden style apartment community. The property has many amenities including a fitness center, swimming pool, and a clubhouse. The Wilton/Saratoga Springs area is one of the Capital Districts busiest and fastest growing submarkets. 

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Axiom Capital Corp. announces $25,500,000 closing in Poughkeepsie, NY

Axiom Capital - Tuesday, June 27, 2017

Axiom Capital Corporation announces the closing of a $25,500,000 permanent loan for the refinance of a 352-unit apartment complex located in the City of Poughkeepsie, NY. The property is approximately 26.14 acres and consists of 21 garden style apartment buildings, two maintenance buildings, a fitness center, a playground, and additional related parking areas.  Poughkeepsie is located in the Hudson Valley midway between New York City and Albany and is part of the New York metropolitan area. 

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Axiom Capital Corp. announces $36,000,000 closing in Wilton, NY

Axiom Capital - Saturday, June 24, 2017

Axiom Capital Corporation announces the closing of a $36,000,000 permanent loan for the acquisition of a 438,097 SF grocery anchored power center in the Town of Wilton, Saratoga County, NY. The center has a complimentary mix of retailers, restaurants and other services. This shopping center is strategically located with excellent frontage (1,600± feet) and signalized access on Route 50, the area’s primary retail corridor (31,950± cars per day). The center is easily accessible with 6 means of ingress and 5 means of egress and enjoys easy access to the area’s major thoroughfares, 1.37 miles from Route 9 (14,100+/- cars per day), 1.15 miles from Route 29 (15,200 +/- cars per day), and less than 0.5 miles from I-87 (48,600 +/- cars per day). At closing, the center was 100% leased by anchors Target (with pharmacy), Home Depot, and Market 32 by Price Chopper (with pharmacy), as well as nationally recognized tenants including Staples, PetSmart, A.C. Moore, Rite Aid, Barnes & Noble, GameStop, VisionWorks, GNC, and Supercuts, and several local tenants. The Wilton/Saratoga Springs area is one of the Capital Districts busiest and fastest growing submarkets. 

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Axiom Capital Corp. announces $6,500,000 closing in Totowa, NJ

Axiom Capital - Friday, June 02, 2017

Axiom Capital Corporation announces the closing of a $6,500,000 permanent loan for the refinance of a multi-tenant, single story retail building comprised of 1.43 acres located in Totowa, Passaic County, New Jersey. The building is 21,250 SF occupied by three retail stores including the national tenants Casual Male and Verizon Wireless. Passaic County, is part of the New York metropolitan area, and is one of the most densely populated and intensively developed areas in the country. The town in which the property is located has a diversified economic base and is one of the more affluent regions of New Jersey. It is a desirable suburban community with a well-balanced mix of property types. The area has good access to regional highway systems and is quite diverse in terms of employment opportunities.  

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