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Axiom Capital Corp. announces $2,000,000 closing in West Palm Beach, FL

Axiom Capital - Thursday, April 26, 2018
Axiom Capital Corp. announces $2,000,000 closing in West Palm Beach, FL

Axiom Capital Corporation announces the closing of a $2,000,000 permanent loan for the purchase of a 10,600 SF free standing building occupied by CVS in West Palm Beach, FL. The subject property is well-positioned at a dense intersection, benefitting from its proximity to the local High school and Elementary School as well as a strong traffic count. As of March 2017, the intersection experiences an average daily volume of 19,700 with steady growth over the years. ..

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Axiom Capital Corp. announces $15,900,000 closing in Stony Point, NY

Axiom Capital - Friday, April 13, 2018
Axiom Capital Corp. announces $15,900,000 closing in Stony Point, NY

Axiom Capital Corporation announces the closing of a $15,900,000 permanent loan for the refinance of an 88,353 square foot grocery anchored shopping center, in the Town of Stony Point, Rockland County, NY. ShopRite draws approximately 35,000 customers per week to the shopping center. Other tenants include T-Mobile, Supercuts, Sakura Japanese Cuisine, and Lollipop Nails. Future national tenants include Pet Supplies Plus. ..

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Axiom Capital Corp. announces $5,800,000 closing in Kinderhook, NY

Axiom Capital - Thursday, April 12, 2018
Axiom Capital Corp. announces $5,800,000 closing in Kinderhook, NY

Axiom Capital Corporation announces the closing of a $5,800,000 permanent loan for the refinance of a 65,701 SF grocery anchored shopping center, in the Town of Kinderhook, Columbia County, NY. The center is strategically situated where Route 9H splits from U.S Route 9 making the plaza easily accessible from all directions. The subject is located in the northern portion of the county and is the only grocery anchored center servicing the broader geographic area that services town’s like Kinderhook, Valatie, Stuyvesant, Niverville, and several smaller more rural western Rensselaer County towns such as Nassau. ..

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Axiom Capital Corp. announces $8,900,000 closing in Norfolk, VA

Axiom Capital - Thursday, April 12, 2018
Axiom Capital Corp. announces $8,900,000 closing in Norfolk, VA

Axiom Capital Corporation announces the closing of an $8,900,000 permanent loan for the refinance of a 114 key Springhill Suites by Marriott in Norfolk, VA. The hotel is located on the Old Dominion University (“ODU”) campus across the street from the Ted Constant Convocation Center, known as “The Ted” which is a 219,000+ SF multipurpose arena operated by Global Spectrum. The hotel and The Ted are part of “University Village”, which encompasses approximately 75 acres of student housing, restaurants, theatres, offices, residential facilities and research labs that have connections to ODU. All 114 rooms feature kitchenettes with refrigerators and microwaves, plus free WiFi, free wired Internet, sofa beds, and flat-screen TVs with cable channels.  ..

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Axiom Capital Corp. announces $12,675,000 closing in Chicago, IL

Axiom Capital - Tuesday, April 03, 2018
Axiom Capital Corp. announces $12,675,000 closing in Chicago, IL

Axiom Capital Corporation announces the closing of a $12,675,000 permanent loan for the acquisition of the I-355 DuPage County portfolio, an industrial building portfolio consisting of three assets totaling 257,115 SF in DuPage County, Illinois. Each asset is ideally located within mature business park settings with unmatched access to area expressways, labor and amenities. DuPage County continues to have the lowest industrial vacancy rate in the region. The Chicago industrial market has demonstrated twenty consecutive quarters of positive net absorption while speculative construction within the infill submarkets remains limited. Rental rates are expected to continue to experience upward pressure as these dynamics persist. ..

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