Axiom Capital announces a closing in Calhoun, GA
Axiom Capital has structured and arranged a $37,250,000 permanent loan for the refinance of an industrial building in Calhoun, Gordon County, GA. The property consists of a 720,000 square foot Class A, high bay industrial space with 120 car parking spaces situated on 54.83 acres. The building features a 36-foot clear ceiling height, 72 dock […]
Read MoreAxiom 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 […]
Read MoreAxiom 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 […]
Read MoreAxiom 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 […]
Read MoreAxiom Capital announces a closing in Egg Harbor Township, NJ
Axiom Capital has structured and arranged a $2,400,000 permanent loan for the refinance of a single-tenant retail property in Egg Harbor Township, Atlantic County, NJ. The property is located along Black Horse Pike in Egg Harbor Township (6.0 miles northwest of Atlantic City). The new construction retail branch will consist of a 4,851 square foot […]
Read MoreAxiom 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 […]
Read MoreBorrower 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 […]
Read MoreAxiom Capital announces a closing in Melbourne, FL
Axiom Capital has structured and arranged a $2,100,000 permanent loan for the aquisition of a small bay industrial property in Melbourne, Brevard County, Florida. The property, constructed in 1998, consists of a 30,000 square foot industrial building with 101 car parking spaces situated on 4.20 acres. Building features include, but are not limited to a […]
Read MoreJackson 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 MoreAxiom Capital announces a closing in New York City, NY
Axiom Capital has structured and arranged a $22,000,000 permanent loan for the refinance of a mixed-use multifamily property in Lower Manhattan in the Financial District, New York City, New York. The property is an eight story building with commercial space on ground level and apartments on the upper floors. The unit mix is heavy on […]
Read MoreAxiom Capital announces a closing in Latham, NY
Axiom Capital has structured and arranged a $8,600,000 permanent loan for the refinance of a retail plaza located in the Latham area of the Town of Colonie, Albany County, New York. The property consists of approximately 107,245 square feet of retail, with some office space, in 9 separate buildings situated on approximately 15.77 acres. The […]
Read More