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 […]
Read MoreThe Direction of Interest Rates
The Direction of Interest Rates and Knowledge to Aid In Decision Making Written by: Chuck Cronin on 8/10/23 We get overloaded with information these days. If you have a loan maturing or have a need to finance commercial real estate today, there are many factors that must be considered. We tried to make it easy […]
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 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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