Axiom Capital has structured and arranged a $10,000,000 permanent loan for the refinance of a Class A, market-rate, 100-unit apartment community located in the City of Rochester, Monroe County, New York.
Built in 2019, the property is an upscale apartment community that offers one-bedroom and two-bedroom apartments in a four-story building with indoor and surface parking on 1.80 acres. Apartment features include in-unit washer and dryer, walk-in closets, and keyless entry. Amenities include garage parking, fitness center, dog park, lounge, multi-purpose craft room, and an outdoor grilling station. The property is located right off Exit 17 of Interstate 490 and is minutes south of the City’s walkable downtown.