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Axiom Blog

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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Axiom Capital Corp. announces $9,600,000 closing in Saratoga Springs, NY

Axiom Capital - Tuesday, June 27, 2017

Axiom Capital Corporation announces the closing of a $9,600,000 permanent loan for the refinance of an 80 unit apartment complex located in Wilton, NY just outside of downtown Saratoga Springs. The subject is the second phase of a luxury garden style apartment community. The property has many amenities including a fitness center, swimming pool, and a clubhouse. The Wilton/Saratoga Springs area is one of the Capital Districts busiest and fastest growing submarkets. 

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Axiom Capital Corp. announces $25,500,000 closing in Poughkeepsie, NY

Axiom Capital - Tuesday, June 27, 2017

Axiom Capital Corporation announces the closing of a $25,500,000 permanent loan for the refinance of a 352-unit apartment complex located in the City of Poughkeepsie, NY. The property is approximately 26.14 acres and consists of 21 garden style apartment buildings, two maintenance buildings, a fitness center, a playground, and additional related parking areas.  Poughkeepsie is located in the Hudson Valley midway between New York City and Albany and is part of the New York metropolitan area. 

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Axiom Capital Corp. announces $36,000,000 closing in Wilton, NY

Axiom Capital - Saturday, June 24, 2017

Axiom Capital Corporation announces the closing of a $36,000,000 permanent loan for the acquisition of a 438,097 SF grocery anchored power center in the Town of Wilton, Saratoga County, NY. The center has a complimentary mix of retailers, restaurants and other services. This shopping center is strategically located with excellent frontage (1,600± feet) and signalized access on Route 50, the area’s primary retail corridor (31,950± cars per day). The center is easily accessible with 6 means of ingress and 5 means of egress and enjoys easy access to the area’s major thoroughfares, 1.37 miles from Route 9 (14,100+/- cars per day), 1.15 miles from Route 29 (15,200 +/- cars per day), and less than 0.5 miles from I-87 (48,600 +/- cars per day). At closing, the center was 100% leased by anchors Target (with pharmacy), Home Depot, and Market 32 by Price Chopper (with pharmacy), as well as nationally recognized tenants including Staples, PetSmart, A.C. Moore, Rite Aid, Barnes & Noble, GameStop, VisionWorks, GNC, and Supercuts, and several local tenants. The Wilton/Saratoga Springs area is one of the Capital Districts busiest and fastest growing submarkets. 

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Axiom Capital Corp. announces $6,500,000 closing in Totowa, NJ

Axiom Capital - Friday, June 02, 2017

Axiom Capital Corporation announces the closing of a $6,500,000 permanent loan for the refinance of a multi-tenant, single story retail building comprised of 1.43 acres located in Totowa, Passaic County, New Jersey. The building is 21,250 SF occupied by three retail stores including the national tenants Casual Male and Verizon Wireless. Passaic County, is part of the New York metropolitan area, and is one of the most densely populated and intensively developed areas in the country. The town in which the property is located has a diversified economic base and is one of the more affluent regions of New Jersey. It is a desirable suburban community with a well-balanced mix of property types. The area has good access to regional highway systems and is quite diverse in terms of employment opportunities.  

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Axiom Capital Corp. announces a closing in East Greenbush, NY

Axiom Capital - Saturday, April 29, 2017

Axiom Capital Corporation provided due diligence services in the closing of a permanent loan for the acquisition of a 137,647 SF grocery anchored retail center located in East Greenbush, New York. The property is 3.3 miles south-east of Albany and is situated with prime frontage on Columbia Turnpike, one of the main retail corridors in Rensselaer. The area directly influencing the property is improved with a mix of commercial and residential properties. The plaza is ideally located with easy access to both regional and major roadways.  

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Axiom Capital Corp. announces $4,600,000 closing in White Marsh, MD

Axiom Capital - Saturday, April 29, 2017

Axiom Capital Corporation announces the closing of a $4,600,000 permanent loan for the refinance of a 44,808 SF medical office building located in White Marsh, MD.  The subject property is occupied by a variety of medical tenants including The American Red Cross, diagnostic services, and a range of practitioners.  The building is located a master planned community just off I-95 on the main retail corridor in the White Marsh community.  It is near White Marsh Mall and The Avenue at White Marsh, and is only two miles from Medstar’s Franklin Square Hospital, the 3rd largest hospital in the Baltimore area with the busiest emergency care department in the state. 

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Axiom Capital Corp. announces $14,250,000 closing in Santa Monica, CA

Axiom Capital - Monday, April 24, 2017

Axiom Capital Corporation announces the closing of a $14,250,000 permanent loan for the refinance of a 29,789 SF medical office building located in Santa Monica, CA. The 4 story, class A medical office building is located between Santa Monica Boulevard and Broadway, with excellent access to the Santa Monica Freeway. The building is in a central location within ½ mile of UCLA Medical Center and within one mile of St. John’s Hospital and Medical Center, West Los Angeles’ premier medical facility. With its prime location, tenancy in the building is loyal with many tenants at this location for over 10 years, signing multiple extensions over time.  

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Axiom Capital Corp. announces $8,255,000 closing in Burbank, CA

Axiom Capital - Saturday, April 15, 2017

Axiom Capital Corporation announces the closing of a $8,255,000 permanent loan for the refinance of a three story, 29,114 SF mixed use building situated in the heart of downtown Burbank, California. The Downtown Burbank area is within walking distance from the property and is well known by locals and the surrounding region as a major shopping district with the Burbank Town Center featuring 140 shops and restaurants, a 16 screen AMC theatre, the largest IKEA store in the US, as well as other department and specialty stores, and a myriad of restaurants.   

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Axiom Capital Corp. announces $1,440,000 closing in Union City, NJ

Axiom Capital - Tuesday, March 21, 2017

Axiom Capital Corporation announces the closing of a $1,440,000 second mortgage for a retail center in Union City, Hudson County, New Jersey. The subject property contains 22,000 above grade SF anchored by a 17,000 SF CVS Pharmacy. There are also two inline retail suites each containing 2,500 SF and 6,000 SF of below grade space occupied by a fitness center. The subject property is located on a 0.92-acre site along Bergenline Avenue, the primary commercial corridor within Union City, providing good access and visibility. 

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