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Axiom Capital announces a closing in Dover, NJ

Axiom Capital has structured and arranged a $20,500,000 construction loan for a fully approved Class A, 90-unit mid-rise apartment community located in Morris County, Dover, New Jersey. The property will contain 90 units over 76,866 net rentable square feet, for an average unit size of 854 square-feet. The property also features approximately 3,000 square feet […]

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Axiom Capital announces a closing in Mentor, OH

Axiom Capital has structured and arranged a $23,500,000 permanent loan for the acquisition of a specialty medical office building in Mentor, Lake County, Cleveland MSA, Ohio. The property consists of a 85,977 square foot, medical office building situated on approximately 8.80 acres with 430 parking spaces. The facility features a full wellness center, including a […]

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Axiom Capital announces a closing in Springfield, IL

Axiom Capital has structured and arranged a $25,790,394 credit tenant lease financing for the acquisition of a medical office building in Springfield, Sangamon County, Illinois. The property consists of a 43,000 square foot, two-story state-of-the- art pediatric facility situated on approximately 4.68 acres. The facility offers general pediatrics, pediatric dermatology, Pediatric Healthy Lifestyle Center as […]

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Axiom Capital announces a closing in Malta, NY

Axiom Capital has structured and arranged a $3,100,000 construction to permanent loan for the acquisituon and expansion of a 31,600 SF Industrial Property in Malta, New York.  The property is located in the state-owned Saratoga Technology + Energy Park and adjacent to Luther Forest Technology Campus. Upon completion the property will be leased to an […]

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Axiom Capital announces a closing in Latham, NY

Axiom Capital has structured and arranged a $4,000,000 permanent loan for the refinance of a medical office building in, Latham (Colonie), Albany County, New York.  The property consists of a 22,602 square foot, three-story ambulatory surgical center and medical office building with approximately 66 surface parking spaces situated on approximately 1.90 acres. The property includes […]

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Borrower Costs Likely To Stay Higher

The Fed has met market expectations with a hawkish pause, leaving the benchmark rate in the 5.25%-5.50% range. The Fed indicated one more hike this year and signaled what many had expected, “borrower costs will likely stay higher for longer after the one more hike this year.” 12 of the 19 officials favored another rate […]

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Jackson Hole and A Future Toll?

Axiom President Chuck Cronin presents this article as a “worth the read” authored by his friend and great predictor of future rate and economic trends Gary Carmell – The Philosophical Investor. Fed Chairman Jay Powell spoke last Friday at the Jackson Hole conference for Central Bankers. He was pretty clear that the Fed would remain vigilant […]

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