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Axiom Capital Corp. announces $40,500,000 closing in Princeton, NJ

Axiom Capital - Tuesday, February 27, 2018
Axiom Capital Corp. announces $40,500,000 closing in Princeton, NJ

Axiom Capital Corporation announces the closing of a $40,500,000 floating rate loan for the refinance of a 153 unit luxury apartment complex located in Princeton, NJ. Each apartment has an exterior balcony or, at the plaza level, an exterior terrace area, upscale kitchens and baths, in-unit laundry facilities, and floor to ceiling windows. The apartments are in 5 closely-knit buildings that sit atop a single-level parking garage that is built into the slope of the site so that half of the buildings have at-grade direct access to the site. The property has an excellent location just 1.3 miles from Princeton University and a 10-minute walk to the Princeton Shopping Center. ..

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Axiom Capital Corp. announces $3,300,000 closing in Farmington, MO

Axiom Capital - Friday, February 16, 2018
Axiom Capital Corp. announces $3,300,000 closing in Farmington, MO

Axiom Capital Corporation announces the closing of a $3,300,000 permanent loan for the acquisition of a 51,373 sf freestanding retail building located in in the City of Farmington, St. Francois County, Missouri. The property was constructed in 2016 and has been 100% occupied by Hobby Lobby. The property is situated between Menards and Rural King, both of which are strong traffic generators to the area. The property is located on Bray Road just off Highway 67 with nearly 22,000 vehicles per day. Farmington is the regional center for commerce, industry, retail, healthcare, government services, recreation, and entertainment. ..

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Axiom Capital Corp. announces $36,000,000 Closing In Concord, NC

Axiom Capital - Friday, February 02, 2018
Axiom Capital Corp. announces $36,000,000 Closing In Concord, NC

Axiom Capital Corporation announces the closing of a $36,000,000 permanent loan for the refinance of a Class A Industrial portfolio located in in the City of Concord, Cabarrus County, North Carolina (a Charlotte suburb). The subject is strategically situated in an expanding industrial corridor adjacent to the Concord Regional Airport, a city-owned public-use airport, just 12 miles from downtown Charlotte, the 23rd largest metropolitan area in the United States. The industrial corridor of Derita Road off of I-85 is becoming a favorite of Bulk Distribution tenants and operators. A newly-built I-85 interchange, along with the widening of Derita Road from two lanes to four lanes, is accelerating the pace of growth in the submarket. The airport is a favorite of flyers destined for the Charlotte Motor Speedway – both as spectators and competitors – and is becoming a popular point of distribution with shippers and retailers, such as Amazon.com. ..

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Axiom Capital Corp. announces $17,250,000 Closing In Murfreesboro, TN

Axiom Capital - Thursday, January 25, 2018
Axiom Capital Corp. announces $17,250,000 Closing In Murfreesboro, TN

Axiom Capital Corporation announces the closing of a $17,250,000 bridge loan for the refinance of a 216-unit/696 bed premier student housing community built in 2006 in the City of Murfreesboro, Rutherford County, Tennessee (part of the Nashville MSA). Vie at Murfreesboro is located Northeast from downtown Murfreesboro, Southeast from Nashville and about 0.8 miles Northwest (~3 min. drive) of the Middle Tennessee State University (“MTSU”). University on-campus housing can accommodate 2,717 students (~12% of total enrollment) in 14 residence halls and two apartment buildings, leaving 19,700+ students (~88% of total enrollment) in need of off-campus housing, making MTSU a major source of conventional apartment demand. ..

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Axiom Capital Corp. announces $4,000,000 Closing In Westport, CT

Axiom Capital - Friday, December 29, 2017
Axiom Capital Corp. announces $4,000,000 Closing In Westport, CT

Axiom Capital Corporation announces the closing of a $4,000,000 permanent loan for the refinance of an 8,092 SF office/retail building in Westport, CT. The property is a unique architecturally developed building, constructed of floor to ceiling glass and masonry with a metal exterior wall. The property is also extremely well located at the intersection of Route 1 and Wilton Rd in Westport, CT, an exclusive town in the heart of Fairfield County. The property provides easy access to I-95 (1.9 miles) and the Merritt Parkway (two miles) and is just a three-minute walk to Downtown Westport with stores such as West Elm, Banana Republic, Lululemon, The Gap, Nike, J Crew and others.   ..

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Axiom Capital Corp. announces $11,450,000 Closing In Slingerlands, NY

Axiom Capital - Friday, December 22, 2017
Axiom Capital Corp. announces $11,450,000 Closing In Slingerlands, NY

Axiom Capital Corporation announces the closing of an $11,450,000 permanent loan for the refinance of a 65,000 SF grocery store located in the hamlet of Slingerlands, in the Town of Bethlehem, Albany County, NY. The property is fully occupied by ShopRite and surrounding retailers include Berkshire Bank, SEFCU, Massage Envy, Garden Bistro 24, and Roux.  ShopRite is a retailers’ co-op owned by Wakefern Food Corporation and based in Keasbey, New Jersey. Wakefern is the largest retailers’ food co-op in the United States and employs more than 70,000 people; it is also the largest employer in New Jersey where it employs 36,000 people. ..

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Axiom Capital Corp. announces $9,500,000 Closing In Granville, NY

Axiom Capital - Monday, December 18, 2017
Axiom Capital Corp. announces $9,500,000 Closing In Granville, NY

Axiom Capital Corporation announces the closing of a $9,500,000 permanent loan for the refinance of a 90,580 SF grocery anchored retail plaza located in the Town of Granville, NY. The plaza is anchored by Price Chopper and is strategically situated geographically in the center of a very broad geographic region where Route’s 22, 26, and 149 converge in Granville. With the confluence of these routes, the Plaza services a large trade area that includes rural agricultural, timber, and mining industries in New York and Vermont. The Plaza is the only retail center situated in the middle of this southern Adirondack region. ..

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Axiom Capital Corp. announces $3,990,000 Closing In Windsor Mills, MD

Axiom Capital - Wednesday, December 13, 2017
Axiom Capital Corp. announces $3,990,000 Closing In Windsor Mills, MD

Axiom Capital Corporation announces the closing of a $3,990,000 loan for the acquisition of an 85,806 SF office building located in Windsor Mills, Maryland.  The property is conveniently located with immediate access to I-695 and access within two miles to I-70, and I-95 and is situated less than one mile from the SSA (Social Security Administration) headquarters, the Center for Medicare (CMS) headquarters, and the regional headquarters for the FBI.  At the time of closing was 95% occupied with more than half of the tenant spaces being leased to contractors servicing the SSA and the CMS. ..

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Axiom Capital Corp. announces $4,200,000 Closing in Troy, NY

Axiom Capital - Friday, December 08, 2017
Axiom Capital Corp. announces $4,200,000 Closing in Troy, NY

Axiom Capital Corporation announces the closing of a $4,200,000 permanent loan for loan for the refinance of a 14,500 SF Walgreens in the City of Troy, Rensselaer County, NY.  The subject is strategically situated on the northeast corner of Hoosick Street and Lake Avenue, a busy intersection on one of the City’s main roads. ..

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Axiom Capital Corp. announces $25,900,000 Closing in Somerset, NJ

Axiom Capital - Thursday, November 30, 2017
Axiom Capital Corp. announces $25,900,000 Closing in Somerset, NJ

Axiom Capital Corporation announces the closing of a $25,900,000 loan for the refinance of a 109,174 SF grocery anchored shopping center in Somerset, New Jersey. Ideally situated in the heart of Somerset’s primary retail corridor, this property consists of four buildings - a standalone ShopRite grocery store, two retail strip buildings, and a Wells Fargo bank branch. The property maintains a stable occupancy in a growing suburban market with strong access to major employment opportunities. ..

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