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Axiom Blog

Axiom Capital Corp. announces $9,750,000 closing in Avon, MA

Axiom Capital - Friday, November 17, 2017

Axiom Capital Corporation has provided financial advisory services for the loan modification of a frozen food warehouse in Avon, Massachusetts. The property is a fully racked, modern temperature-controlled facility offering 5,370,000 cubic feet of warehouse/distribution space with fully computerized monitoring systems for temperature, ammonia and refrigeration control. The building also offers central station monitoring for all security and fire systems, and comes equipped with a refrigerated loading/ unloading dock with 22 dock doors. The property is in a highly desirable location immediately off route 24 with easy access to every major highway in Massachusetts. 

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Axiom Capital Corp. announces $12,500,000 closing in Delmar, NY

Axiom Capital - Friday, October 20, 2017

Axiom Capital Corporation announces the closing of a $12,500,000 million refinance of a 148,523 SF grocery anchored retail plaza located in the Hamlett of Delmar, in the Town of Bethlehem, in Albany County, New York. The plaza is strategically situated on Delmar’s primary commercial/retail corridor with an average traffic count of nearly 17,000 vehicles per day 

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Axiom Capital Corp. announces $25,000,000 closing in West Milford, NJ

Axiom Capital - Friday, October 20, 2017

Axiom Capital Corporation announces the closing of a $25,000,000 million refinance of a 106,606 SF grocery anchored retail plaza in West Milford, New Jersey. The property consists of a 57,000 SF ShopRite, a newly constructed TJ Maxx, and 27,163 SF of inline retail space. The center is strategically situated at a busy intersection in the areas primary retail corridor. Proceeds from the loan refinance will be used towards completing renovations including new parking and paving, new roofs, a complete new façade, new signage and an expansion and remodel for a major tenant.  

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Axiom Capital Corp. announces $17,000,000 closing in Hillsdale, NJ

Axiom Capital - Tuesday, September 26, 2017

Axiom Capital Corporation announces the closing of a $17,000,000 permanent loan for the refinance of a 63,000 SF grocery store in Hillsdale, Bergen County, New Jersey. Hillsdale is an incredibly dense suburb, with more than 200,000 residents within five miles.  It an ideal location to live for commuters as it is minutes from the Garden State Parkway and is located just 18 miles from downtown New York City.  

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

Axiom Capital - Saturday, September 23, 2017

Axiom Capital Corporation announces the closing of a $5,000,000 permanent loan for the refinance of a 39,970 SF medical office building located in Colonie, a suburb of Albany, New York. The two story multi-tenant office building sits on approximately 3.78 acres and is conveniently situated less than 1 mile from interstate I-90, making it an ideal location for medical office tenants.  

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Axiom Capital Corp. announces $2,500,000 closing in Amsterdam, NY

Axiom Capital - Monday, August 21, 2017

Axiom Capital Corporation announces the closing of a $2,500,000 permanent loan for the refinance of a 8,955 SF medical office building in the City of Amsterdam, Montgomery County, New York.  The property has an ideal location along Route 30, one of the main thoroughfares in Amsterdam, and is located a short commute from the New York State Thruway, the Adirondack Mountains, the Lake George Region, Sacandaga Lake, and Saratoga Springs. 

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Axiom Capital Corp. announces $46,750,000 closing in Upper Macungie, PA

Axiom Capital - Thursday, August 10, 2017

Axiom Capital Corporation announces the closing of a $46,750,000 permanent loan for the refinance of a 378 unit apartment complex in Upper Macungie, Lehigh County, Pennsylvania.  The community sits on 36 acres and consists of 27 two and three story buildings each comprised of 14 one and  two bedroom units. The apartment community offers many amenities to its residents including a shared clubhouse, landscaped pool and pool deck, picnic area, business center, fitness center, playground, and a 2:1 ratio for parking.  The community is considered one of the most ideal living locations in the region with access to employment centers, entertainment/shopping, and an excellent school district.  It is conveniently located just 1.5 miles from the interstate and is in close proximity to a new multi-tenant retail center which houses Whole Foods, Costco, Target, and Nordstrom Rack as well as others. Also close by is a 139,000 SF casino with 8 restaurants, an indoor outlet shopping center with high end outlet stores, a popular baseball teams’ stadium, and an 8,500 seat hockey arena.  

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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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