What Are Rates Going To Do Next?
Written by: Chuck Cronin on 1/26/23 We believe this is a critical question you must consider when developing your Commercial Real Estate (CRE) financing strategy. Attached please find a 2-page PDF interest rate history graph we think will help; it is plotting: The Fed Funds Rate (GREEN LINE) from 1954 to 2023. The 10-year treasury […]
Read MoreAxiom Capital Corp. announces $41,500,000 industrial portfolio closing
Axiom Capital Corp. has arranged $41,500,000 in permanent financing for the refinance of an Industrial Portfolio in Rock Hill, SC & Hebron, KY. Hebron, KY portion of the portfolio is located in the most sought-after Cincinnati sub-market with excellent access to the Cincinnati/Northern Kentucky International Airport, Amazon’s Prime Air Hub and associated freight hubs, it […]
Read MoreAxiom Capital Corp. announces $1,338,270 multifamily closing in Harrison, NJ
Axiom Capital Corp. has arranged $1,338,270 in permanent financing for the acquisition of a multifamily property located in Harrison, Hudson County, New Jersey. The Property is ideally situated with access to major roadways and a PATH station as well as retail, restaurants and institutions of higher learning. The property is improved with two separate, but […]
Read MoreAxiom Capital Corp. announces $10,300,000 office building closing in Westport, CT
Axiom Capital Corp. has arranged $10,300,000 in permanent financing for the refinance of a Class A, office building located in the Town of Westport, Fairfield County, Connecticut. Major tenants include Northwest Mutual Life Insurance, Charter Oak Equity, and Lime Rock Partners. The Property has excellent access to and from I-95 and U.S. Route 1. It […]
Read MoreAxiom Capital Corp. announces $2,300,000 single tenant retail closing in Vero Beach, FL
Axiom Capital Corp. has arranged $2,300,000 in permanent financing for the acquisition of a PetSmart in Vero Beach, FL. The Property is strategically located at the intersection of State Highway 60 and 66th Ave. with a combined 46,600 vehicles passing by daily. The Property is ideally positioned as an outparcel to the +/- 737,000 square […]
Read MoreCRE Owners & Investors Pay Attention! The Yield Curve Has Steepened.
CRE Owners & Investors Pay Attention! The Yield Curve Has Steepened. By: Chuck Cronin 3/18/21 We wrote an article on February 7th, 2021 that spoke about the yield curve. On February 7th, 2021, the yield curve between the 2-Year Treasury and the 10-Year Treasury, and the 2-Year Treasury and the 30-Year Treasury, was the steepest […]
Read MoreSome Thoughts On The Yield Curve and Rates Ahead
Some Thoughts On The Yield Curve and Rates Ahead 2/7/21 by Chuck Cronin The stock market closed out last week on another winning week, the major averages posting their best showing since November. For Real Estate borrowers and investors however, a fundamentally more important development occurred last week, the yield curve—(the graph of Treasuries from […]
Read MoreFEDERAL GOVERNMENT CARES ACT
FEDERAL GOVERNMENT CARES ACT The Federal Government has enacted the CARES Act to provide relief to small businesses impacted by the COVID-19 disaster. For more information from the Treasury Department regarding the CARES Act and Assistance being offered for small businesses visit the Treasury Department’s website: Treasury Department’s website link We wanted to also be […]
Read MoreBeware of Potential Disruptions for Title Due to Covid-19
Beware of Potential Disruptions for Title Due to Covid-19 3/25/2020 by David Lewis Title companies in NY and throughout the country are starting to experience disruption in their ability to search and record documents due to the current Covid-19 situation and calls for further social distancing to slow the spread of this virus. Contributing factors […]
Read MoreIMPORTANT! Newsworthy Items You Should Be Aware Of
IMPORTANT! Newsworthy Items You Should Be Aware Of We have been assisting clients and publishing updated information hopefully to provide some direction in your decision making. In our mind the single most important thing you should be doing is consulting your loan documents and communicating and understanding the position lenders are taking. We are Available […]
Read MoreWhat’s Happening in the Market?
3/24/20 By Charles Cronin Click the following link to download and listen to a power point presentation given by our President and Founder Charles Cronin as he discusses what is currently happening in the market: Download Market Recon 03-24-20 ›
Read MoreWhat Does the Fed Rate Cut Mean for Your Commercial Real Estate Portfolio?
What Does the Fed Rate Cut Mean for Your Commercial Real Estate Portfolio? August 1, 2019 By: Charles Cronin, President & CEO, Axiom Capital Corp. As you may be aware, yesterday the Federal Reserve (“Fed”) cut the federal funds rate from 2.50% to 2.25%. I have been asked several times if loan rates will now […]
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