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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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Axiom Capital Corp. announces a closing in Albany, NY

Axiom Capital - Tuesday, March 27, 2018
Axiom Capital Corp. announces a closing in Albany, NY

Axiom Capital provided due diligence services in the closing of a permanent loan for the refinance of a 24 hour, 319 space parking garage located in the City of Albany, Albany County, NY. The property is easily accessible via a new two-way street pattern and is minutes from Interstate 787. The parking garage is directly connected to the newly constructed $78.5 million convention center, the Albany Capital Center, and the $48 million Renaissance Albany Hotel. Parkers also have exclusive access via an enclosed new elevated walkway through the Capital Center to a recently refurbished ($4 million) enclosed elevated walkway that connects the Albany Capital Center, Times Union Center and Empire State Plaza. ..

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Axiom Capital Corp. announces $11,500,000 closing in Colonie, NY

Axiom Capital - Friday, March 09, 2018
Axiom Capital Corp. announces $11,500,000 closing in Colonie, NY

Axiom Capital Corporation announces the closing of a $11,500,000 permanent loan for the refinance a portfolio of four (office buildings situated immediately off I-90 in the Town of Colonie, Albany County, NY. Key to strong occupancy are the park’s easy ingress and egress to I-90 for the tenants and tenant’s clients as well as a major onsite daycare center for the tenants’ employee’s children. The buildings and landscaping are immaculately maintained. The two and three-story office buildings are constructed of brick and glass, with attractive common areas and well laid out and abundant parking. Many of the tenants have been tenants at the park since construction began.  ..

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Axiom Capital Corp. announces $10,000,000 closing in Dunmore, PA

Axiom Capital - Friday, March 09, 2018
Axiom Capital Corp. announces $10,000,000 closing in Dunmore, PA

Axiom Capital Corporation announces the closing of a $10,000,000 permanent loan for the acquisition of an industrial building portfolio totaling 445,751 SF located in Dunmore Borough, Lackawanna County, PA (adjoining Scranton, PA). The Property is situated at the Interstate 81 and Interstate 78 Distribution Corridor – one of the top distribution corridors for warehouse and distribution centers throughout the United States. The corridor is within a one-day drive of more than one-third of the United States population and more than one-half of Canada’s population. The corridor is recognized by national retailers, consumer product companies and third-party logistics suppliers as a critical chain in their supply chain network ..

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Axiom Capital Corp. announces $9,600,000 closing in Jonesboro, AR

Axiom Capital - Wednesday, March 07, 2018
Axiom Capital Corp. announces $9,600,000 closing in Jonesboro, AR

Axiom Capital Corporation announces the closing of a $9,600,000 permanent loan for the refinance of a 659,600-sf single tenant warehouse & office building located in Jonesboro, AR. The warehouse is located only few hours away from major cities like Memphis, Kansas City, St. Louis and Nashville making it a great location for a distribution center or a warehouse. Conveniently located less than .5 miles away from an entrance to Interstate 555 (I-555) an Interstate Highway that connects Jonesboro to Interstate 55 and a North–South Interstate Highway connecting sections of Tennessee and Missouri.  ..

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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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