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EDUCATION

Construction to Permanent Financing

$10,547,790
145 Bed Student Housing Complex
Utica, NY

Axiom Capital Corp announces the closing of a $10,547,790 construction to permanent loan for the financing of a 145 bed student housing complex for Utica College in Utica, NY. Utica College is a private higher education institution, located on 128 acres in the heart of Central New York within the City of Utica. The College offers 38 undergraduate majors, 31 minors, 21 graduate programs (including masters, doctoral and graduate certificate programs) on-campus and online, numerous pre- professional and special programs, and study abroad opportunities. With record high enrollment and transfer rates caused by the recent tuition reduction, the College is fulfilling the need for more on-campus housing with this project.


diligence.
innovation.
execution.
Contacts

Charles Cronin - President
518-472-4000 ext. 204
axiom@axiom-capital.com

Andrew Kleinberg - Partner
917-710-1505
ajk@axiom-capital.com

Michael S. Del Vecchio - VP of R.E. Finance
518-472-4000 ext. 230
mdv@axiom-capital.com