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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.
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