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Axiom Blog

Axiom Capital Corp. announces $11,800,000 closing in Glenmont, NY

Axiom Capital - Friday, July 28, 2017

Axiom Capital Corporation announces the closing of an $11,800,000 permanent loan for the refinance of a 137,406 SF grocery anchored shopping center and three outbuildings.  Located in Albany County, the plazas’ major chain grocery store is joined by other national retailers, a commercial bank and restaurants which serve the towns of Glenmont, Delmar, Selkirk and Southwestern segments of the City of Albany. This area is part of the Albany-Schenectady-Troy Metropolitan statistical area which is the fourth largest in New York State. 

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Axiom Capital Corp. announces $36,000,000 closing in Philadelphia, PA

Axiom Capital - Monday, July 17, 2017

Axiom Capital Corporation announces the closing of a $36,000,000 permanent loan for the refinance of a 276,815 SF office/retail building in the heart of Philadelphia, PA. The property is a 22-story high end class B+ office building with retail on the lower level and a 54,000 SF attached garage. Overall occupancy at the property at the time of closing was more than 93%. The building is newly renovated with over $11 million in capital improvements made over the past few years including façade and lobby renovations, new elevator system, new HVAC, windows, lighting, roof, hallways, and restrooms. The improvements to the building as well as its location in Philadelphia’s downtown retail corridor make it an ideal location for smaller to mid-sized tenants.  

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Axiom Capital Corp. announces $7,500,000 closing in NYC, NY

Axiom Capital - Friday, July 14, 2017

Axiom Capital Corporation announces the closing of a $7,500,000 permanent loan for the refinance of a trophy property located less than half a block from Union Square, in the Union Square neighborhood of Manhattan, NY. The subject property consists of 4 stories and is 15,407 SF.  The building is home to a world-famous theatre and film institute, which has resided in the building for over 45 years. Some of the graduates of the institute include names like Robert De Niro, Al Pacino, Marilyn Monroe, Barbara Streisand, Alex Baldwin, and Angelina Jolie to name a few. The institute also has associations with New York University and NYU’s Tisch School of the Arts. 

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Axiom Capital Corp. announces $23,000,000 closing in Guilderland, NY

Axiom Capital - Wednesday, July 05, 2017

Axiom Capital Corporation announces the closing of a $23,000,000 permanent loan for the refinance of a 274 unit, class B, apartment complex plus construction of an additional 20 units.  The property sits on 18.61 acres and consists of studio, one-bedroom, two-bedroom, and three-bedroom units.  Unit amenities include: private entrances, balconies & patios, walk-in closets, fireplaces, garages, vaulted ceilings, and central air, to name a few.  Community amenities include: a clubhouse, indoor racquetball court, business center, basketball court, swimming pool, playground, 24-hour fitness center, tennis courts, and picnic areas with grill. The subject property is in Guilderland, NY conveniently located near major roadways, important services, amenities, shopping, entertainment, several major college campuses, businesses, and employment opportunities, making it a consistently popular rental location. The uniquely varied nature of the Capital District provides residents with opportunities represented by world-class higher education, research, health care, retail, commerce, transportation, and cultural affairs while also providing a community environment in both a suburban and rural setting.  

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Axiom Capital Corp. announces $21,140,000 closing in Garfield, NJ

Axiom Capital - Wednesday, July 05, 2017

Axiom Capital Corporation announces the closing of a $ 21,140,000 permanent loan for the acquisition of two newly constructed apartment buildings located in Garfield, NJ.  The subject property consists of 102 units and upon completion will be part of a larger luxury apartment community located on approximately 13.13 acres consisting of townhouses, a shared common area/clubhouse, swimming pool, and fitness center.  The community is 17 miles from Manhattan, NY with immediate access to mass transit and major highways.   

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