Axiom Capital Corp. has arranged $16,000,000 in credit tenant lease financing for the construction of a medical office building in Malta, NY. The property will be part of the larger Malta Medical Campus. Please contact us for further details on this loan.
The Malta Medical Campus is located immediately off Exit 12 of I-87 in the Town of Malta, New York. The Campus is in one of the Capital District’s fastest growing commercial and residential communities. Development in the area has not only been spurred by the overall growth occurring in Saratoga County, but more notably by the multi-billion-dollar investment made by GlobalFoundries to its new campus – including the “Fab 8” plant.
The project will allow for the leveraging of other facilities on the Campus including the adjacent 24-hour Emergent Care facility. The Project will enable “next generation” care for patients requiring a surgical/procedural element of their care plan and service as an educational venue for medical students and orthopedic residents.