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Axiom Capital Corp. announces $9,350,000 closing in San Francisco, CA

Axiom Capital - Friday, July 20, 2018
Axiom Capital Corp. announces $9,350,000 closing in San Francisco, CA

Axiom Capital Corporation announces the closing of a $9,350,000 permanent loan for the refinance of a 32,791 square foot mixed-use building in the Mission District of San Francisco, California. The Mission District is one of the most sought-after neighborhoods in the city, with its eclectic mix of restaurants, shops, and parks. The subject property contains 41 single room occupancy (SRO) units, 11,022 square feet of ground floor retail, and 11,502 square feet of basement storage space. The property has a Walk Score of 99 with immediate access to numerous retail options, Mission Dolores Park, two Bay Area Rapid Transit (BART) stations within two blocks, and six bus lines within four blocks.  ..

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Axiom Capital Corp. announces $6,000,000 closing in Clovis, NM

Axiom Capital - Tuesday, July 10, 2018
Axiom Capital Corp. announces $6,000,000 closing in Clovis, NM

Axiom Capital Corporation announces the closing of a $6,000,000 permanent loan for the acquisition of a 43,484 SF free standing Albertsons store in the city of Clovis, Curry County, New Mexico. Albertsons currently operates 2,300+ stores across 33 states under 18 well-known banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Randalls, and United Supermarkets. Albertsons operates in 121 Metropolitan Statistical Areas in the United States and is ranked #1 or #2 by market share in 68 percent of them. The Clovis asset benefits from various retailers, institutions and living communities in the immediate area. Albertsons shares a parking lot with numerous national retailers including: Hobby Lobby, Harbor Freight Tools, IHOP, and Dollar General, which helps to draw additional traffic to the area. North Plains Mall, a 303,000 SF enclosed mall, is less than 1 mile from the Asset and draws nearly 100,000 consumers across Eastern New Mexico and West Texas. The Property also has excellent frontage along Prince Street, with exposure to over 24,000 average vehicles per day.  ..

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Axiom Capital Corp. announces $3,000,000 closing in Mahwah, NJ

Axiom Capital - Monday, July 02, 2018
Axiom Capital Corp. announces $3,000,000 closing in Mahwah, NJ

Axiom Capital Corporation announces the closing of a $3,000,000 permanent loan for the refinance of a 22,000 SF office building in Mahwah, New Jersey. Mahwah is a township in Bergen County, New Jersey. The building is the headquarters of Inserra Supermarkets who owns and operates 22 ShopRite Grocery stores in Northern New Jersey, and adjacent counties in Southern NY. The building’s access, visibility and excellent condition are key features that add significantly to its value. The 3-story property is strategically located in a central area with immediate access to Route 17, one of the area’s largest thoroughfares. ..

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Axiom Capital Corp. announces $12,200,000 closing in East Greenbush, NY

Axiom Capital - Thursday, June 28, 2018
Axiom Capital Corp. announces $12,200,000 closing in East Greenbush, NY

Axiom Capital Corporation announces the closing of a $12,200,000 construction to permanent loan for the redevelopment of a 122,819 SF mixed use building, in East Greenbush, Rensselaer County, New York. The property is located in one of Upstate New York’s busiest and fastest growing submarkets. The redevelopment is of a former 95,719 SF department store into offices and retail space that will bring increased traffic and business to the Turnpike, while also leaving open the possibility of new pad sites on the front of the existing property in the future. ..

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Axiom Capital Corp. announces $20,550,000 closing in Wayne, NJ

Axiom Capital - Wednesday, June 27, 2018
Axiom Capital Corp. announces $20,550,000 closing in Wayne, NJ

Axiom Capital Corporation announces the closing of a $20,550,000 construction loan for the construction of a 418,000 SF warehouse facility in Wayne, Passaic County, NJ. Currently the site is fully demolished, graded, and the slab/foundation poured. The building will include approximately 90,000 SF of office space plus 50,000 SF of mezzanine space. The 31-acre site is extremely well located with close proximity to I-80, US Rt. 46, and State Rt 23 approximately 20 miles from the George Washington Bridge and Lincoln Tunnel with access to Midtown Manhattan at the gateway to the US’s largest consumer market. The property is also within 100+/- miles of major ports including the ports of New Jersey, New York and Philadelphia and provides access to Newark Liberty International Airport, JFK and Philadelphia International Airports. The Northern New Jersey market is incredibly strong due to its proximity to various regional travel options and large population centers.  ..

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Axiom Capital Corp. announces $7,250,000 closing in Hialeah, FL

Axiom Capital - Thursday, June 21, 2018
Axiom Capital Corp. announces $7,250,000 closing in Hialeah, FL

Axiom Capital Corporation announces the closing of a $7,250,000 permanent loan for the financing of a, 213,620 SF of industrial/flex space portfolio spread across 12 buildings. The Portfolio has been owned by the current Borrowers for over 40 years. The property is located in the Hialeah submarket of Miami Dade County and is currently 100% leased. This submarket has a total of 8.3 million SF of space with a vacancy rate of just 1.8%. The City of Hialeah is the sixth largest municipality in Florida, serving over 224,000 residents living in approximately 20-square miles. ..

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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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