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Axiom Capital Corp. announces $38,000,000 closing in Pflugerville (Austin), TX

Axiom Capital - Tuesday, June 05, 2018
Axiom Capital Corp. announces $38,000,000 closing in Pflugerville (Austin), TX

Axiom Capital Corporation announces the closing of a $38,000,000 permanent loan for the refinance of a 384 unit apartment complex in Pflugerville, Texas. Pflugerville is the 11th fastest growing city in the nation, with a population of at least 50,000. An advantage of the location is its accessibility to the adjacent city of Round Rock and State Highway 45 - a major thoroughfare in North Austin that provides convenient access to key employment centers with employers including Dell Inc., IBM, Apple, Samsung, University of Texas at Austin, General Motors, and Emerson Process Management to name a few. Residents at the Property are also only minutes away from millions of SF of retail space including a Walmart, two Targets, a Home Depot, a Best Buy, a Cinemark movie theater, a Sam’s Club, and a future Costco, among others. This location with access to employment centers and entertainment/shopping coupled with the unmatched features that the property offers, makes the property one of the most ideal living locations in the region. The Property is improved with one clubhouse, one maintenance building, and 30 two-story wood framed apartment buildings. The Property provides an attractive unit package featuring spacious floor plans, custom cabinetry, stainless steel appliances, track lighting, nine-foot ceilings, and granite countertops as well as amenities that you won't find anywhere else, including an outdoor movie wall, community garden, two dog parks, and pools with resort-style features like a floating tabletop. ..

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Axiom Capital Corp. announces $3,650,000 closing in Knoxville, TN

Axiom Capital - Monday, June 04, 2018
Axiom Capital Corp. announces $3,650,000 closing in Knoxville, TN

Axiom Capital Corporation announces the closing of a $3,650,000 permanent loan for the purchase of a 10,100 SF free standing building occupied by CVS in Knoxville, TN. The subject property is well-positioned on State Highway 71/U.S. Highway 441 benefits from its proximity to large residential centers and major traffic routes. The traffic count on 441 in front of the property is an average of 43,800 vehicles per day. The Site is in a dense retail corridor, across from a grocery anchored shopping center with tenants including Food City, Harbor Freight Tools, Big Lots, and Planet Fitness. Other national/credit retailers in the area include Party City, Advance Auto Parts, McDonald's and more which further increases consumer traffic and crossover shopping in the area. ..

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Axiom Capital Corp. announces $14,365,000 closing in Glenolden, PA

Axiom Capital - Thursday, May 24, 2018
Axiom Capital Corp. announces $14,365,000 closing in Glenolden, PA

Axiom Capital Corporation announces the closing of a $14,365,000 permanent loan for the refinance of a 180 unit apartment complex in Delaware County, Pennsylvania. The multifamily complex sits on 5.33 acres in Glenolden, a dense residential suburb of Philadelphia. Located only 10 miles from Downtown Philadelphia, this location offers easy passage to the city and surrounding suburbs. The apartments are less than 5 miles from Philadelphia International Airport, and a mere 2 miles from access to I-95, the principle highway for the greater Philadelphia area as well as the entire U.S. eastern seaboard. In addition to a short commute into Philadelphia, the availability of such travel means provides reasonable access to Wilmington, Baltimore, Washington D.C., and New York City. Delaware County sits in close proximity to the states of Maryland, New Jersey, Delaware and Virginia. The region is characterized by rich historical ties, entertainment, successful professional sports franchises, strong cultural opportunities, first class culinary experiences and access to beautiful Atlantic coast beaches. The complex also has the many amenities expected of a predominant suburb. There are near by parks, open spaces, and recreational centers as well as large malls and community shopping centers. ..

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

Axiom Capital - Tuesday, May 01, 2018
Axiom Capital Corp. announces $11,000,000 closing in Colonie, NY

Axiom Capital Corporation announces the closing of a $11,000,000 permanent loan for the refinance of a 93,388 SF grocery anchored shopping center, in the Town of Colonie, Albany County, NY. The plaza strategically sits at the intersection of Wolf Road and Sand Creek Road, with direct nearby access to both Interstate 90 and Interstate 87. Due to its proximity to travel arteries, some of the Capital District’s largest employers, and vast residential centers, more than 28,000 vehicles pass the plaza per day. The excellent exposure and visibility for tenants in the Wolf Road area draws a myriad of competitive businesses. Therefore, not only does this area contain a high concentration of locally known and nationally recognized tenants, but it serves as one of the largest retail hubs in the Albany-Schenectady-Troy metropolitan area.  ..

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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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Axiom Capital Corp. announces $9,500,000 closing in Port St. Lucie, FL

Axiom Capital - Friday, March 30, 2018
Axiom Capital Corp. announces $9,500,000 closing in Port St. Lucie, FL

Axiom Capital Corporation announces the closing of a $9,500,000 permanent loan for the refinance of a Homewood Suites by Hilton in Port St. Lucie, Florida. The hotel has 111 guest rooms with studio, one-bedroom or two-bedroom suites available. All rooms feature a fully equipped kitchen with a refrigerator, microwave, two-burner stove, and dishwasher. Hotel amenities include a business center with meeting rooms, and complimentary Wi-Fi access, a modern fitness center, an outdoor pool, and a putting green. The property is located 45 minutes from the Palm Beach International Airport. ..

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