Permanent

Axiom Capital Corporation announces the closing of a $3,000,000 permanent loan for the refinance of a 37 unit apartment building in the City of New Rochelle, Westchester County, New York.  With an ideal location just 11 miles outside of Manhattan and less than a half an hour train commute to Grand Central Terminal, this property historically has maintained nearly 100% occupancy.  Its location also provides easy access to highways, the three major New York area airports, and the New Rochelle train station providing access to Boston, New York City and Washington D.C.  New Rochelle is also home to a community based teaching hospital, an award winning public school system, prominent private schools, and three prestigious colleges.