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Multifamily

Multifamily

Permanent Loan - Acquisition

$24,000,000
216-Unit Apartment Complex
Royersford, PA

Axiom Capital Corporation announces the closing of a $24,000,000 permanent loan for the acquisition of a 216-unit apartment complex in Royersford, PA. The property is a seven‐building, four‐story (three stories over a garage) apartment complex built in 2009, constructed of wood frame with brick veneers and vinyl siding, located on a prime 8 acre parcel on the Route 422 corridor, Philadelphia’s most dynamic growth area.


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