News:
Brokerage
Posted: September 13, 2022
Axiom Capital arranges $6m permanent loan for 78 room hotel
East Greenbush, NY Axiom Capital Corp. has structured and arranged a $6 million permanent loan (10-year, fixed-rate) for the refinance of an extended-stay hotel.
The property consists of 78 hotel rooms constructed in 2005 and offers residential style suites, designed for long stays. Room amenities include a fully equipped kitchen with refrigerator, stove top, microwave and dishwasher. The hotel has an indoor heated pool, spa, exercise room and outdoor sports court. The property is located close to restaurants, theaters and stores.
Axiom Capital Corp. is a leading boutique commercial real estate finance & advisory firm offering a wide spectrum of creative value added financing & investment strategies for all commercial property types nationwide. We have deep rooted relationships with our clients, unparalleled access to capital market partners, respect of industry peers, and have structured over $7 billion in debt, equity, and advisory transactions over our nearly 30 years in operation.
Tags:
Brokerage
MORE FROM Brokerage
Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Columns and Thought Leadership
A guide to finding the right NYC property management company - by Sanjay Gandhi
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
Positive forecast for New York’s pro-housing push? - by Philip Butler
New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
.gif)
September Promotion
